Sustainability assessment of contaminated site remediation with emphasis on economic valuation.

Although the integration of the principles of sustainability in the selection of site remediation alternatives has become an important issue, most attention is still paid to the direct costs of the soil remediation and the environmental and health impact of the soil contamination. Less tangible social and economic aspects, such as non-monetary costs and benefits are only marginally addressed, whereas they are essential for a more balanced decision making. The present study consists of (1) a critical analysis of existing decision support tools that can be used to include the costs and benefits of soil remediation projects in the decision process, (2) assessment of the possibilities to express the secondary costs and benefits of site remediation in monetary terms,

Keywords:economic valuation, Sustainability assessment, Contaminated site, remediation

Disciplines:Applied economics, Economic history, Macroeconomics and monetary economics, Microeconomics, Tourism