Program efficiency analysis within the environmental landscape

摘要

The aim of this paper is to demonstrate the importance of accounting for environmental impacts in project feasibility. Cost-benefit analysis, a germane tool for measuring a project's feasibility, can be utilized for projects with environmental consequences. This paper first provides a background on cost-benefit analysis as well as a background on environmental cost-benefit analysis. It then provides the steps taken in order to perform this type of analysis. With this cost-benefit analysis and environmental cost-benefit analysis framework in mind, six international case studies are reviewed to demonstrate how cost-benefit analysis is applied to various environmental projects around the world using different methods and from both a public and private sector viewpoint. Recommendations are then put forward to address the need for continued consideration and implementation of environmental impacts on cost-benefit analyses.