MainDB: Cost-benefit analysis toolkit and guidelines
Title:
Cost-benefit analysis toolkit and guidelines
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NWPTypeOfOrganization:
Intergovernmental organization (IGO); National/public entity
NWPGeographicRegion:
Asia
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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.
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Further information:
NWPGeographicScope:
National; Regional
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NWPInformationType:
Tool
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NWPPartner:
Secretariat of the Pacific Regional Environment Programme (SPREP)
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Target group:
Practitioners; Private sector
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NWPReferences:
https://rmi-data.sprep.org/system/files/cost-benefit-analysis-natural-resources-management-pacific_40.pdf
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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Created at 04/10/2016 11:39 by Roberto Felix
Last modified at 12/05/2022 05:01 by Brian Mayanja
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