IDENTIFYING AND ASSESSING
THE ECONOMIC BENEFITS OF
CONTAMINATED AQUATIC
SEDIMENT CLEANUP

DRAFT - WORK IN PROGRESS

Comments regarding this report may be sent to Karl Schaefer

Prepared for the IJC Biennial Forum in Milwaukee, September 1999
Sediment Priority Action Committee

August, 1999


TABLE OF CONTENTS

Foreword
I. Background
II. Biophysical Benefits of Sediment Remediation
Economic Benefits to Restoring Beneficial Uses
III. Classification of Economic Benefits
IV. Benefit Valuation Methods
Direct Methods
Indirect Methods
Benefits Transfer
Human Health
Omissions and Double-Counting
V. Challenges for Benefit Valuation
VI. Action Steps for SedPAC and Others
VII. Literature Cited