Total Economic Valuation of Natural Resource Management

The Economic valuation, in a monetary unit, is a concept in cost–benefit analysis that refers to the value derived by people from a natural resource, a man-made heritage resource or an infrastructure system, compared to not having it. This technique provides useful evidence to support decision making process and policy making in natural resource management, especially to decide between conservation or production priority over a certain area. Maroon Consultation provides this service to help deal with the public and private sectors by evaluating a comprehensive economic cost-benefit analysis in a particular area of concern.