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MainDB: Cost-benefit analysis toolkit and guidelines

Title

Cost-benefit analysis toolkit and guidelines

NWPWeblink

 

NWPTypeOfOrganization

Intergovernmental organization (IGO); National/public entity

NWPGeographicRegion

Asia

Scope of work

 

NWPMandatesandFrameworks

 

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Good practices and lessons learned

Cost Benefit Analysis is an important tool for assisting decision making in a situation of scarce resources, and also assist with the process of prioritization. According to participants, this was the first cost-benefit analysis training that had been conducted in/for their countries in recent times. Moreover, participants reported that cost benefit analysis is not widely undertaken by Government officials, though participants/Governments recognised the usefulness of CBA and were keen to increase its application in country (including for assessment of non-climate change adaptation projects). In the future, workshop materials should be designed to be accessible by people with no economics background, since no economists from some countries participated. The exercises were reported as one of the main strengths/take-away skills learned from the workshop. Many participants were not familiar with the use of excel prior to the workshop which had the effect of slowing down the exercises as well as detracting from the economic analysis elements of the exercises. Participants were very receptive to a participatory exercise which sought to demonstrate how people ‘discount’ future consumption in everyday life.

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Date of submission

01/02/2015

Abbreviation

 

Activities

 

Adaptation element

Adaptation planning and practices; Capacity building; Education and training; Institutional arrangements; Monitoring and evaluation/M&E; Socio-economic data and information; Stakeholder involvement

Adaptation sector/theme

Water resources; Ecosystems; Human settlements

Climate hazard

 

Country

Cook Islands; Fiji; Micronesia (Federated States of); Marshall Islands; Nauru; Niue; Palau; Papua New Guinea; Samoa; Solomon Islands; Tonga; Tuvalu; Vanuatu; Kiribati

NWPDataSource

Partner

Description

Completes cost-benefit analyses of the PACC demonstration projects. Undertakes economic assessment of climate change in each country to help support national adaptation policies and implementation processes, and helps countries to mobilize resources and seek additional funding to implement country-wide adaptation measures.

Expected outcome

 

Further information

 

NWPGeographicScope

National; Regional

Indicators of achievement

 

NWPInformationType

Tool

NWPJoinDate

 

NWPPartner

Secretariat of the Pacific Regional Environment Programme (SPREP)

Purpose

 

Regional group

 

Target group

Practitioners; Private sector

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NWP

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Type of knowledge resource

 

Scale of work

 

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NWPReferences

Implementing partners

UNDP, Pacific Islands Forum Secretariat and the SPC/GIZ Coping with Climate Change in the Pacific Island Region (CCCPIR) project

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Attachments

Content Type: NWPSearchableItem
Created at 04/10/2016 11:39 by Roberto Felix
Last modified at 12/05/2022 05:01 by Brian Mayanja