Cost-Benefit Analysis and the Environment: Recent by OECD Organisation for Economic Co-operation and Develop

By OECD Organisation for Economic Co-operation and Develop

This publication offers an in-depth evaluate of the newest conceptual and methodological advancements in cost-benefit research and the environment. It examines how bills and advantages are evaluated and given financial price, how you can keep in mind affects on destiny generations and affects of irreversible losses, and the way to accommodate fairness and sustainability matters.

Show description

Read Online or Download Cost-Benefit Analysis and the Environment: Recent Developments PDF

Best sustainable development books

Agricultural Expansion and Tropical Deforestation: International Trade, Poverty and Land Use

There isn't any simple causal dating among foreign alternate, agricultural growth and tropical deforestation. teachers, policy-makers and the general public are all tempted through simplistic options to complicated difficulties. which will identify the real causal components fascinated about this serious quarter of environmental decline, the authors of this learn current case stories ranging over 3 continents.

Managing Agrodiversity in the Traditional Way: Lessons from West Africa in Sustainable Use of Biodiversity and Related Natural Resources

This ebook indicates how, normally, farmers domesticate and preserve biodiversity whereas, even as, utilizing the land for nutrients construction. it is going to entice coverage makers and practitioners, and to school scholars and academics, together with these of agriculture, social technological know-how, organic technological know-how and others on the subject of environmental or usual assets administration and sustainable improvement.

Handbook of corporate sustainability : frameworks, strategies and tools

Attaining company sustainability (CS) is likely one of the so much tricky demanding situations dealing with corporations within the twenty first century. This entire guide examines the present prestige and destiny course of sustainability frameworks and functions within the company surroundings. the world over reputed students current a variety of frameworks, versions, and practices of CS from a couple of genuine global companies around the globe, in addition to emphasizing the size and reporting of CS.

Geoheritage of Volcanic Harrats in Saudi Arabia

This ebook files the geoheritage values of worldwide major, but little-known, volcanic geosites in Saudi Arabia. it's the first of its style to target the center East, basically exhibiting the hidden geoheritage worth of the volcanic Arabian Peninsula’s harrats and demonstrating why the Saudi Arabian volcanic fields are precise.

Additional resources for Cost-Benefit Analysis and the Environment: Recent Developments

Sample text

That is, for CBA purposes, it mattered little if WTP or WTA was used in either of the relevant contexts (a gain, and a loss). There are theoretical reasons for supposing that WTP and WTA should be very similar. But empirical estimation of these magnitudes has tended to show that they do vary, sometimes significantly, and with WTA > WTP. Depending on one’s view of the evidence that WTA and WTP differ in practice, the choice of WTA or WTP could matter substantially for CBA. Accordingly, this issue is deferred for a fuller discussion in Chapter 11.

Moreover, whereas CBA works with the public’s preferences, public trust works with the restoration of the environmental asset itself. As Kopp and Smith (1993) put it: “Damage awards for injuries to natural resources are intended to maintain a portfolio of natural assets that have been identified as being held in public trust… Because this compensation is to the public as a whole, the payment is made to a designated trustee and the compensation takes the form of in-kind services…” (Kopp and Smith, 1993, p.

Everything else was worse. Other criticisms seemed also to be less important in the real world of policy: partial equilibrium analysis, for example, seems appropriate so long as there are no major repercussions elsewhere in the economy from a given project or policy, as is often (but not always) the case. Practical guidelines for using welfare economics in the guise of cost-benefit analysis were drawn up first for the water sector in the USA. The US Flood Control Act of 1936 declared that the control of flood waters was “in the interests of the general welfare” and the role of the Federal Government was to “improve or participate in the improvement of navigable waters … for flood control purposes if the benefits to whomsoever they accrue are in excess of the estimated costs”.

Download PDF sample

Rated 4.73 of 5 – based on 46 votes