"White House To Agencies: Tally Projects’ Financial Damage To Ecosystems"

"Federal agencies would be required to do a full accounting of how their decisions affect ecosystems the public depends on under a draft guidance that the White House will release Tuesday.

The Office of Management and Budget and Office of Science and Technology Policy guidance targets the benefits people derive from forests, wetlands and waterways.

While ecosystems have sometimes appeared in the cost-benefit assessments that agencies must write to support their rules, policies and projects, there has never been a governmentwide directive or guidance for doing that accounting."

Jean Chemnick reports for E&E News August 1, 2023.

SEE ALSO:

"4 Things To Know About Biden’s Plan To Value Nature" (E&E News)