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Cost-Benefit Analysis and the Environment

Recent Developments

image of Cost-Benefit Analysis and the Environment

This book presents an in-depth assessment of the most recent conceptual and methodological developments in cost-benefit analysis and the environment. It examines how costs and benefits are evaluated and given monetary value, how to take into account impacts on future generations and impacts of irreversible losses, and how to deal with equity and sustainability issues.

English French

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Introduction

The OECD has a long history of giving guidance on the social evaluation of projects (investments) and policies. In the late 1960s and in the 1970s it was instrumental in developing social cost-benefit analysis. Since that time, cost-benefit analysis has enjoyed widespread application and the theory has developed further. In the last few years, some major advances have taken place in the underlying theory, and this is the justification for the current volume.

English French

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