Biodiversity, a property of natural areas, provides a range of benefits to the economy including bioprospecting rents, knowledge and insurance, ecotourism fees, and ecosystem services. Many of these values can be broken out in the System of National Accounts, leading to better estimates of the...

Biodiversity, a property of natural areas, provides a range of benefits to the economy including bioprospecting rents, knowledge and insurance, ecotourism fees, and ecosystem services. Many of these values can be broken out in the System of National Accounts, leading to better estimates of the...

Biodiversity, a property of natural areas, provides a range of benefits to the economy including bioprospecting rents, knowledge and insurance, ecotourism fees, and ecosystem services. Many of these values can be broken out in the System of National Accounts, leading to better estimates of the...

As part of project preparation, a standard Cost-Benefit Analysis (CBA) was carried out for the Reventazón Hydroelectric Project (PHR). This paper builds on that CBA and will prepare an enhanced analysis that explicitly incorporates environmental and social aspects by applying the approach...

Development projects have a wider set of impacts than just direct project outputs. A hydropower dam, for example, produces electricity but also disrupts river flows and may affect biodiversity and the general aquatic environment. A new port development may affect coastal resources such as...

The expansion of project analysis to incorporate the environmental effects of a project is a direct descendent of the development of project analysis. Traditional project Cost-Benefit Analysis (CBA) was developed in the United States in the 1930s to analyze large public investments in the water...

The World Bank's"World Development Indicators 1999"highlights for the first time the"genuine"rate of saving for more than 100 countries around the globe. Genuine saving values the total change in economic assets, thereby providing an indicator of whether an economy is on a sustainable path. The...