Non-Market Valuation in South Asia: Bridging Theory and Practice in Environmental Economics

This book provides a comprehensive exploration of the challenges and issues concerning the economic valuation of natural resources.

Mohammad Younus Bhatt holds a Ph.D. in Economics with specialisation in Environmental Valuation and Choice Modelling. The application of econometric valuation techniques to biodiversity loss (environmental assets) and conservation through the adoption of cutting-edge mitigation strategies to restore sustainable biodiversity of ecosystems are his main research interests, which are closely linked to the Himalayan region. He recently published a book outlining the relationship between energy vulnerability and biodiversity loss, as well as the challenges and opportunities in preserving environmental biodiversity, renewable energy efficiency, ecological chains, and human living standards. His current research project uses economic valuation methodologies to address the conservation of alpha, beta, and gamma natural biological Himalayan biodiversity. It is carried out in partnership with the Ministry of Human Resource and Development and is financed by the IMPRESS initiative. Dr. Bhat had visiting positions at the Amity School of Biotechnology, Amity School of Food Technology, and Amity School of Economics before joining UPES. He was also affiliated with Jamia Millia Islamia. Dr. Bhat’s research is painstakingly focused on measuring the spatial effects of climate change on the current levels of Himalayan biodiversity (with regard to National Parks and Wetlands), the relationship between energy and economic growth, and the adoption of electric vehicles in India. Furthermore, he is interested in studying the reciprocal relationships between ＂eco-tourism＂ in the Himalayan regions and the financial support provided by central institutions such as MHRD, ICSSR, and DST, as well as local power structures, in order to provide appropriate growth strategies and facilitate the transition of local Himalayan communities towards sustainable economic growth.