Environmental valuation: a systematic review using bibliometrics

Abstract

Environmental valuation has been applied since 1987. In this article, a bibliometric approach was employed between the years 1987 and 2022 using the Web of Science (WoS) and Scopus databases to examine the scientific production on this subject. The VOSviewer software was used, and a sample of 712 publications in WoS and 743 in Scopus was found. The highest number of publications in WoS was in 2018, while in Scopus it was in 2017. During the research period, the United States had the highest number of publications on environmental valuation in WoS, while the United Kingdom had the highest number in Scopus. The most frequently appearing keyword was "environmental valuation" in both platforms. The author with the highest number of publications was Nick Hanley from the University of Glasgow in Scotland, in both platforms. The topic of environmental valuation has gained importance over the years due to increased interest in the environment, as a response to the damages incurred. It aims to assist decision-making and enable the accounting of costs and benefits associated with natural capital.