NATURAL CAPITAL MODULES FOR
TRUE PRICE ASSESSMENT
True Price and Wageningen Economic Research developed six natural capital modules for the true price assessment of agri-food products within the PPS True and Fair Price for Sustainable Products. Each impact-specific module contains the key methodological aspects to measure and value one specific environmental impact of agri-food products and value chains:
• Land use, land use change, biodiversity and ecosystem services
• Contribution to climate change
• Air, soil and water pollution
• Soil degradation
• Scarce water use
• Fossil fuel and other non-renewable material depletion.
The six natural capital modules will be complemented by seven social and human capital modules. All the impact-specific modules methodologically follow the Valuation framework for true pricing of agri-food products, which contains the theoretical framework, normative foundations and valuation guidelines, and the Assessment Method for True Pricing of Agri-Food products, which contains modelling guidance and requirements for scoping, data and reporting.
Together, these documents present a method that can be used for true pricing of agri-food products, and potentially other products as well.
Please, find the modules below.