Economics for the Environment Consultancy (EFTEC)
Economics for the Environment Consultancy (EFTEC) leading environmental economics consultancy in the UK, provides economic analysis for sound, effective and sustainable environmental policy and management. We have been collaborating with environmental scientists, engineers and market researchers to: generate and interpret qualitative and quantitative evidence on the benefits provided by the environment and cultural heritage, and on the costs of their degradation such as air and water pollution, biodiversity loss, climate change, coastal erosion, and others.
eftec, the leading environmental economics consultancy in the UK, provides economic analysis for sound, effective and sustainable environmental policy and management.
Since 1992, we have been assisting our public, private and non-governmental clients to:
Understand the value of the natural environment
By using economic valuation techniques for primary research, and interpreting already existing evidence using value transfer
Demonstrate the value of the natural environment
By applying decision-support tools like cost benefit and cost effectiveness analyses, stakeholder engagement, multi-criteria analysis
Capture the value of the natural environment
By designing policies and investment strategies that involve offsets, habitat banking, green taxes and voluntary agreements to sustainably generate income and reduce environmental damage
Train and apply practical guidance
By designing be-spoke training courses, strategic decision-making tools, and application handbooks for economic valuation and policy and investment design and appraisal
Our work spans a wide range of topics including: biodiversity and ecosystem services; climate change and energy; water and wastewater management; agriculture, forestry and land-use management; chemicals; flood-risk management; health; urban regeneration; transport, and historic and cultural heritage.