BMBF-Förderschwerpunkt "Sustainable Landmanagement"

LEGATO will develop valuations of ESS through monetary and non-monetary methods. The most meaningful monetary costs to be calculated are (potential) damage costs (e.g. due to production losses, influences of reduced water quality), management/repair costs (regulation), and avoidance cost (precautionary measures) as these manifest themselves in real markets. Non-monetary costs are crucial for cultural services.