Too expensive to be worth it? A methodology to identify disproportionate costs of environmental measures as applied to the Middle Tagus River, Spain

Bolinches, Antonio; Stefano, Lucía De; Paredes-Arquiola, Javier

doi:10.1080/09640568.2020.1726731

Cited by 6 publications

(7 citation statements)

References 21 publications

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“…In criterial CBA, in fact, benefits are not assessed in monetary terms but according to a set of previously defined (qualitative/quantitative) criteria. Another feature of these studies is that the assessment of disproportionality is made by comparing the costs of implementing the measures with an indicator that approximates the ability of society to cover the necessary costs [68].…”

Section: Criterial Cbamentioning

confidence: 99%

Economic Analysis under the Water Framework Directive: The State of the Art and Way forward

Pellegrini,

Dalmazzone,

Fasolino

et al. 2023

Water

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Linking the improvement of water ecosystems to the use of economic concepts and instruments is one of the main innovations introduced by the EU Water Framework Directive (WFD). This should be achieved by Member States through an approach clearly linking measures and interventions to improve water ecosystems to the identified pressures on water bodies (i.e., the gap analysis) and a set of economic provisions. However, modest progress in the implementation of these provisions has been recorded over time. Therefore, this paper aims to shed new light on the current limits in the implementation of the economic analysis of the WFD, in particular in relation to the gap analysis, through a comprehensive review of grey and scientific literature on the topics of gap analysis, economic valuation of ecosystem goods and services, water pricing, and disproportionate costs of measures. General conclusions and recommendations of this analysis are that enhancing data quality, promoting consistency and interaction in economic analysis components, and embedding them pragmatically in decision-making procedures are crucial. The gap analysis plays a pivotal role in directing economic research towards relevant issues within the river basin and in guiding decision makers more effectively in the application of the economic analyses required by the WFD.

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Section: Criterial Cbamentioning

confidence: 99%

Economic Analysis under the Water Framework Directive: The State of the Art and Way forward

Pellegrini,

Dalmazzone,

Fasolino

et al. 2023

Water

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“…Studies built on CBA are often criticized in terms of excessive aggregation, redistribution of wealth or discounting method and discount rate used (e.g., Vejchodská 2015;Boda 2018;Dennig 2018;Masur and Posner 2018). The method itself is also criticized for time and cost demands related to the assessment (e.g., Macháč and Brabec 2018;Bolinches et al 2020). Inclusion of regional disparities is regarded as a necessary step to identify the most suitable measures and related impacts (costs and benefits).…”

Section: Economic Assessment Of Impacts and Climate Change Adaptation Measuresmentioning

confidence: 99%

“…The expression of externalities in monetary value and their interconnection with the direct financial aspects then provides a comprehensive economic argument for the issue. The economic assessment can also be used for justification of high costs related to the implementation and, thus, for assessment of cost proportionality (e.g., Galioto et al 2013;Slavíková et al 2015;Macháč and Brabec 2018;Bolinches et al 2020).…”

Section: Introductionmentioning

confidence: 99%

Externalities in agriculture: How to include their monetary value in decision-making?

Macháč

Trantinová

Zaňková

2020

Int. J. Environ. Sci. Technol.

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Soil protection and sustainable agriculture have become a key issue in Common Agricultural Policy. Emphasis is being placed on climate-smart agriculture, nature-friendly agricultural technologies and implementation of a range of nature-based measures to protect soil, retain water in landscape, etc. Recent agricultural policy is mostly based on qualitative assessment of the current state and impacts of technologies. Economic assessment is still missing, although subsidies and other forms of financial support are provided from both national and European Union funds. Externalities in agriculture not only generate social costs and profits for the current generation but also strongly affect future well-being. The objective of this paper is to present a newly developed approach that enables monetary assessment of externalities in agriculture. The process of monetary assessment means inclusion and calculation of all costs and benefits, including positive and negative externalities going beyond financial revenue. The methodology is based on modified cost-benefit analysis using the concept of ecosystem services. The proposed method is demonstrated on a case study in the South Moravian Region of the Czech Republic. This region has been struggling with drought in the last few years, but its agricultural technologies are not adapted and appropriate nature-based solutions are not implemented. Economic analysis focuses on assessment of externalities and possible measures. It covers operating and investment costs; the loss of profits due to decreasing production; and benefits consisting mainly of prevented loss of regulating services. The results show that implementation of measures is always preferable regardless of climate change and avoids society loss.

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“…Complicating efforts to mitigate such challenges, substantial national variation exists in climate change performance, environmental health, and ecosystem vitality, as well as levels of concern regarding climate-related threats [9][10][11]. Notably, there exists a well-established trend for wealthier nations to score more highly across metrics of environmental performance compared to poorer nations [12][13][14]; after all, environmental protection can be an incredibly costly and resource-demanding endeavor [15][16][17]. Nevertheless, national differences in wealth cannot account for the full breadth of disparities in environmental outcomes across nations, and, in recent years, investigations into additional factors have gained significant attention.…”

Section: Introductionmentioning

confidence: 99%

National Differences in Age and Future-Oriented Indicators Relate to Environmental Performance

Syropoulos,

Law,

Young

2023

Sustainability

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Environmental concerns inherently involve an intergenerational aspect, where today’s decisions can have far-reaching effects on future generations. Numerous national characteristics can forecast a nation’s commitment to investing in environmental sustainability. This study expands on previous research and offers evidence in support of Gott’s principle, which states that citizens may use their country’s age to forecast its remaining lifespan. Specifically, we show that a nation’s age positively relates to intergenerational solidarity—a country’s willingness to sacrifice for future generations. Furthermore, country age and other future-oriented variables, such as a country’s Long-Term Orientation and ability to overcome temporal discounting, are linked to sustainability-related indicators, indicating that countries concerned about the future also exhibit greater concern for the environment. These findings reinforce the value of framing a country as a long-standing entity and implementing intergenerational framing interventions to motivate pro-environmental engagement.

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Too expensive to be worth it? A methodology to identify disproportionate costs of environmental measures as applied to the Middle Tagus River, Spain

Cited by 6 publications

References 21 publications

Economic Analysis under the Water Framework Directive: The State of the Art and Way forward

Economic Analysis under the Water Framework Directive: The State of the Art and Way forward

Externalities in agriculture: How to include their monetary value in decision-making?

National Differences in Age and Future-Oriented Indicators Relate to Environmental Performance

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