Discounting Environmental Effects in Project Appraisal

Social Project Appraisal and Discounting for the Very Long Term

This paper considers the issue of discounting in relation to the appraisal of very long-term social projects. This is an increasingly important matter given the growing concerns over the environmental and safety impacts of many projects on future generations. Standard discounting practice trivialises the welfare impacts of projected costs and benefits on future populations, so a credible altern...

Gene Flow, Discounting and Investment Appraisal

1. Evaluating the economic costs-benefits of a particular selection or breeding decision. By following the flow of genes through a population as a result of a particular breeding decision, it is possible to estimate the net economic cost-benefits of that breeding decision. For example, when looking at the value of the use of a particular bull in a dairy herd, we can note that each replacement h...

Estimation of economic discounting rate for practical project appraisal: the case of Turkey

This study focuses on estimating an economic discounting rate (EDR) to be used in project appraisals by the State Planning Organisation (SPO) of Turkey. The EDR is a policy tool used for selecting the best projects to meet the economic targets of development plans and to enable planners to choose the most profitable and feasible projects. Since the resources available to the economy are scarce,...

Impact Assessment and Project Appraisal

Impact Assessment and Project Appraisal

Strengthening impact assessment: a call for integration and focus Angus Morrison-Saunders, Jenny Pope, Jill A.E. Gunn, Alan Bond & Francois Retief a School of Environmental Science, Murdoch University, South Street, Murdoch, WA6150, Australia b School of Geo and Spatial Sciences, North-West University, Potchefstroom Campus, Private Bag X6001, Potchefstroom, 2520, South Africa c Integral Sustain...