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Title:

Valuation and Crediting Approaches for Transportation and Metropolitan Planning Agencies

Accession Number:

01515469

Record Type:

Component

Availability:

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500 Fifth Street, NW
Washington, DC 20001 United States
Order URL: http://www.trb.org/Main/Blurbs/170967.aspx

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Order URL: http://worldcat.org/isbn/9780309294966

Abstract:

Measurement and crediting tools for ecosystem services are important to the processes of transportation planning and project implementation because these tools can aid in mitigating environmental impacts by reducing transaction costs, improving environmental outcomes, and shortening the time needed to implement projects. Because of this importance, such tools have been identified as a key step in the Eco-Logical framework to integrate transportation and conservation planning, characterized by a SHRP 2 capacity program study as the Integrated Ecological Framework. Currently, throughout much of the United States, there are no straightforward methods for the creation of transportation-centric crediting programs. However, successful programs in California, North Carolina, Oregon, and Washington have developed approaches cooperatively with regulatory agencies, state and nongovernmental conservation programs, those actively involved in mitigation banking, and agencies or organizations that fund restoration activities. An overview of crediting systems and valuation methods and their use at various scales in transportation planning are presented in this paper. Current projects and programs are evaluated to identify the opportunities and the obstacles that transportation organizations may encounter when attempting to implement a crediting program.

Monograph Accession #:

01529849

Report/Paper Numbers:

14-4321

Language:

English

Authors:

Kagan, James S
Shilling, Fraser M

ORCID 0000-0001-8125-2186

Gaines, Lisa J

Pagination:

pp 1–8

Publication Date:

2014

Serial:

Transportation Research Record: Journal of the Transportation Research Board

Issue Number: 2403
Publisher: Transportation Research Board
ISSN: 0361-1981

ISBN:

9780309294966

Media Type:

Print

Features:

Figures (1) ; References (16)

Subject Areas:

Energy; Environment; Highways; I15: Environment

Files:

PRP, TRIS, TRB, ATRI

Created Date:

Jan 27 2014 3:30PM

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