Cost Benefits Analysis Training w.r.t. Invasive Alien Species

Cost Benefits Analysis Training w.r.t. Invasive Alien Species

  • Overview
  • Transcript
  • Supporting Training Files
Manaaki Whenua - Landcare Research

This training looks at the Cost Benefit Analysis of Invasive Alien Species Management using New Zealand data.

Topics in this training cover:

Overview of Invasive Species Management

  • What is an Invasive Alien Species (IAS)?
  • Impacts of IAS on biodiversity
  • Economic impact of IAS
  • Prevention
  • Eradication
  • Control
  • Interventions and investments
  • Decision maker

Economic Analysis

  • Policy analysis
  • Typical benefits of managing IAS
  • Typical costs of managing IAS

Steps in Conducting a CBA

  • Outlines the steps for conducting a CBA

Refining the CBA – Population Growth

  • IAS population growth
  • Estimating avoided damages from changes in the population
  • Epest

Refining the CBA – Sensitivity Analysis / Distributional Impacts

  • Perform sensitivity analysis
  • Distribution of costs and benefits

Refining the CBA – Discounting

  • Accounting for discounting

Skill Level Intermediate