New standardised tool – state of knowledge of non-market values and how to assign benefit transfer
Seminar and workshop to customise tool for SA practitioners
The Cooperative Research Centre for Water Sensitive Cities (CRCWSC) is developing an economic evaluation framework to identify and quantify economic, environmental and community values of investments in water sensitive practices and systems. The project will deliver an evaluation framework and tool that users will apply to business case development and decision making at multiple levels in public and private sector organisations. The framework will help in better decision making to achieve water sensitive, liveable and resilient cities.
This seminar and workshop will provide an update of the urban water economics tools and guidelines emerging from the CRCWSC to date and an opportunity to provide feedback on how the tools can be customised to best meet the needs of SA WSUD practitioners.
- South Australian collaboration CRCWSC economic evaluation framework project
- New tool for benefit-cost analysis of water-related projects and policies
- State of knowledge of non-market values of water sensitive systems and practices: Potential of benefit transfer
- How can the economic valuation tool be customised to meet the needs of SA practitioners?
Water Sensitive SA, together with our Partners, has contributed to the development of the CRC tool via Priority Project 1. This workshop is an opportunity to ensure the CRC for Water Sensitive Cities benefit-cost tool can be applied to support business case developmentfor the broad range of WSUD and integrated water management projects by SA practitioners.
David Pannell is Professor of Agricultural and Resource Economics, University of Western Australia; Director, Centre for Environmental Economics and Policy; ARC Federation Fellow (2007-2012); Distinguished Fellow and past president of the Australian Agricultural and Resource Economics Society; Fellow of the Academy of Social Sciences in Australia; and a Director of Natural Decisions Pty Ltd. He has been an active commentator on environmental policy within Australia, arguing for policies that better reflect scientific, economic and social realities.
He was a Director on the Board of Land and Water Australia 2002-05. His research includes the economics of land and water conservation; environmental policy; farmer adoption of new practices; risk; and economics of farming systems. His research has been published in seven books and 200 journal articles and book chapters, and has been recognised with awards from the USA, Australia, Canada and the UK, including the 2009 ARC Eureka Prize for Interdisciplinary Research.
Sayed Iftekhar is an environmental and resource economist with broad interests in the interactions between human and nature. He has received training on forestry (Khulna University) and biodiversity conservation (Oxford University). Sayed has also worked on coastal zone management in Bangladesh for several years. During his pre-PhD phase, Sayed studied environmental issues such as sustainable forest management, ecosystem services, protected areas and environmental conservation from biological and resource management viewpoints. Later, with PhD training at the University of Western Australia (UWA), he has started using different economic tools such as agent based modelling, laboratory experiments and simulations to study these issues. Sayed has broadened his interests to combinatorial conservation auctions, fisheries quota allocation, networks and group formation, market design for environmental water buyback and intergenerational equity and risk aversion. He is currently working on economics of urban water management and water sensitive cities.