ABSTRACT

Policy-makers are increasingly trying to assign economic values to areas such as ecologies, the atmosphere, even human lives. These new values, assigned to areas previously considered outside of economic systems, often act to qualify, alter or replace former non-pecuniary values. Valuing Development, Environment and Conservation looks to explore the complex interdependencies, contradictions and trade-offs that can take place between economic values and the social, environmental, political and ethical systems that inform non-monetary valuation processes.

Using rich empirical material, the book explores the processes of valuation, their components, calculative technologies, and outcomes in different social, ecological and conservation domains. The book gives reasons for why economic calculation tends to dominate in practice, but also presents new insights on how the disobedient materiality of things and the ingenuity of human and non-human agencies can combine and frustrate the dominant economic models within calculative processes.

This book highlights the tension between, on the one hand, a dominant model that emphasises technical and ‘universalising’ criteria, and on the other hand, valuation practice in specific local contexts which is more likely to negotiate criteria that are plural, incommensurable and political. This book is perfect for researchers and students within development studies, environment, geography, politics, sociology and anthropology who are looking for new insights into how processes of valuation take place in the 21st century, and with what consequential outcomes.

part 1|2 pages

Development

chapter 4|20 pages

The value of human life in health systems and social spaces

The HIV/AIDS context in Zimbabwe

chapter 5|19 pages

Valuing infrastructure

Competing financial and social valuations in the South Durban port expansion

part 2|2 pages

Conservation

chapter 6|23 pages

Bonding nature(s)?

Funds, financiers and values at the impact investing edge in environmental conservation

part 3|2 pages

Environment

chapter 8|17 pages

A crash in value

Explaining the decline of the Clean Development Mechanism

chapter 9|22 pages

Climate changing civil society

The role of value and knowledge in designing the Green Climate Fund

chapter 11|23 pages

‘Some are more equal than others’

Narratives of scarcity and the outcome of South Africa’s water reform

chapter 12|8 pages

Conclusion

The limits of economic valuation