Framework for Conducting Benefit-Cost Analyses of Investments in Hydro-Meteorological Systems
The whitepaper is organized as follows: section two provides an overview of the types of benefits associated with hydromet investments, the process by which the benefits are generated, and their expected development impacts; section three explains...
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| Format: | Working Paper |
| Language: | English en_US |
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World Bank, Washington, DC
2015
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| Online Access: | http://documents.worldbank.org/curated/en/2014/06/20472783/framework-conducting-benefit-cost-analyses-investments-hydro-meteorological-systems http://hdl.handle.net/10986/21095 |
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okr-10986-21095 |
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| recordtype |
oai_dc |
| repository_type |
Digital Repository |
| institution_category |
Foreign Institution |
| institution |
Digital Repositories |
| building |
World Bank Open Knowledge Repository |
| collection |
World Bank |
| language |
English en_US |
| topic |
AGRICULTURAL COMMODITIES AGRICULTURAL OUTPUT AGRICULTURE AIR AIR QUALITY AIR QUALITY STANDARDS ANNUAL COST AVIATION INDUSTRY BENCHMARK BENCHMARKING BENCHMARKS BIODIVERSITY CONSERVATION CAPACITY BUILDING CARBON CARBON EMISSION CARBON SINK CLIMATE CLIMATE CHANGE CLIMATE CHANGE SCENARIOS CLIMATE RESILIENCE CO COLORS CONJOINT ANALYSIS CONSUMERS CONTINGENT VALUATION COST ANALYSES COST SAVINGS CROP INSURANCE DAMAGES DEVELOPED COUNTRIES DEVELOPMENT PROJECTS DEW DEW POINT DIRECTIONAL FLOW DISCOUNT RATE DISCOUNT RATES ECONOMIC ACTIVITY ECONOMIC ANALYSIS ECONOMIC BENEFITS ECONOMIC COSTS ECONOMIC EFFICIENCY ECONOMIC MODELS ECONOMIC VALUE ECONOMIC WELFARE ECONOMIES OF SCALE ECONOMISTS ECOSYSTEM EFFECTIVE USE ELECTRIC GENERATORS ELECTRICITY ELECTRICITY GENERATION ELECTRICITY PRODUCTION EMERGENCY RESPONSE EMISSION REDUCTION ENERGY USE ENVIRONMENTAL ENVIRONMENTAL CONSERVATION ENVIRONMENTAL GOODS ENVIRONMENTAL ISSUES ENVIRONMENTAL POLICIES ENVIRONMENTAL POLICY EQUILIBRIUM EXPECTED UTILITY EXPECTED VALUE EXTREME CLIMATE EVENTS EXTREME EVENTS EXTREME POVERTY EXTREME WEATHER EXTREME WEATHER EVENTS FEASIBILITY FINANCIAL SECTOR FISHERIES FISHING FIXED COSTS FLOODS FORECASTS FOREST FOREST RESOURCES FORESTRY FROST FUEL GAS GDP GOVERNMENT EXPENDITURES GROSS DOMESTIC PRODUCT HURRICANE HURRICANES INCOME INCOME HOUSEHOLDS INFRASTRUCTURE CHARGING INPUT USE INSURANCE INSURANCE INSTRUMENTS INSURANCE PAYMENTS INVESTMENT DECISIONS MARKET PRICES METEOROLOGICAL STATISTICS MONITORING TECHNOLOGY NATURAL RESOURCE ECONOMICS NATURAL RESOURCES NITROGEN OIL PARTIAL EQUILIBRIUM ANALYSES PESTICIDES POLICY MAKERS POLICY RELEVANCE POLLUTION POWER PLANTS PRECIPITATION PROBABILITY DISTRIBUTION PROBABILITY DISTRIBUTIONS PRODUCERS PUBLIC GOOD PUBLIC GOODS PUBLIC SECTOR INVESTMENT QUALITY STANDARDS QUANTITATIVE ANALYSIS RAINFALL RELATIVE HUMIDITY RESOURCE ECONOMICS RESOURCE MANAGEMENT RISK MANAGEMENT ROAD ROAD MAINTENANCE ROADS SAFETY SENSITIVITY ANALYSES SEVERE WEATHER STORMS SUSTAINABLE DEVELOPMENT TECHNICAL ASSISTANCE TEMPERATURE TOTAL BENEFITS TOTAL COST TOTAL COSTS TRANSPORT TRANSPORT SECTOR TRANSPORTATION TRUCKS TRUE VARIABLE COSTS WEATHER CONDITIONS WEATHER INSURANCE WEATHER PATTERNS WILLINGNESS TO PAY WIND WMO WTP |
| spellingShingle |
AGRICULTURAL COMMODITIES AGRICULTURAL OUTPUT AGRICULTURE AIR AIR QUALITY AIR QUALITY STANDARDS ANNUAL COST AVIATION INDUSTRY BENCHMARK BENCHMARKING BENCHMARKS BIODIVERSITY CONSERVATION CAPACITY BUILDING CARBON CARBON EMISSION CARBON SINK CLIMATE CLIMATE CHANGE CLIMATE CHANGE SCENARIOS CLIMATE RESILIENCE CO COLORS CONJOINT ANALYSIS CONSUMERS CONTINGENT VALUATION COST ANALYSES COST SAVINGS CROP INSURANCE DAMAGES DEVELOPED COUNTRIES DEVELOPMENT PROJECTS DEW DEW POINT DIRECTIONAL FLOW DISCOUNT RATE DISCOUNT RATES ECONOMIC ACTIVITY ECONOMIC ANALYSIS ECONOMIC BENEFITS ECONOMIC COSTS ECONOMIC EFFICIENCY ECONOMIC MODELS ECONOMIC VALUE ECONOMIC WELFARE ECONOMIES OF SCALE ECONOMISTS ECOSYSTEM EFFECTIVE USE ELECTRIC GENERATORS ELECTRICITY ELECTRICITY GENERATION ELECTRICITY PRODUCTION EMERGENCY RESPONSE EMISSION REDUCTION ENERGY USE ENVIRONMENTAL ENVIRONMENTAL CONSERVATION ENVIRONMENTAL GOODS ENVIRONMENTAL ISSUES ENVIRONMENTAL POLICIES ENVIRONMENTAL POLICY EQUILIBRIUM EXPECTED UTILITY EXPECTED VALUE EXTREME CLIMATE EVENTS EXTREME EVENTS EXTREME POVERTY EXTREME WEATHER EXTREME WEATHER EVENTS FEASIBILITY FINANCIAL SECTOR FISHERIES FISHING FIXED COSTS FLOODS FORECASTS FOREST FOREST RESOURCES FORESTRY FROST FUEL GAS GDP GOVERNMENT EXPENDITURES GROSS DOMESTIC PRODUCT HURRICANE HURRICANES INCOME INCOME HOUSEHOLDS INFRASTRUCTURE CHARGING INPUT USE INSURANCE INSURANCE INSTRUMENTS INSURANCE PAYMENTS INVESTMENT DECISIONS MARKET PRICES METEOROLOGICAL STATISTICS MONITORING TECHNOLOGY NATURAL RESOURCE ECONOMICS NATURAL RESOURCES NITROGEN OIL PARTIAL EQUILIBRIUM ANALYSES PESTICIDES POLICY MAKERS POLICY RELEVANCE POLLUTION POWER PLANTS PRECIPITATION PROBABILITY DISTRIBUTION PROBABILITY DISTRIBUTIONS PRODUCERS PUBLIC GOOD PUBLIC GOODS PUBLIC SECTOR INVESTMENT QUALITY STANDARDS QUANTITATIVE ANALYSIS RAINFALL RELATIVE HUMIDITY RESOURCE ECONOMICS RESOURCE MANAGEMENT RISK MANAGEMENT ROAD ROAD MAINTENANCE ROADS SAFETY SENSITIVITY ANALYSES SEVERE WEATHER STORMS SUSTAINABLE DEVELOPMENT TECHNICAL ASSISTANCE TEMPERATURE TOTAL BENEFITS TOTAL COST TOTAL COSTS TRANSPORT TRANSPORT SECTOR TRANSPORTATION TRUCKS TRUE VARIABLE COSTS WEATHER CONDITIONS WEATHER INSURANCE WEATHER PATTERNS WILLINGNESS TO PAY WIND WMO WTP Malik, Arun S. Amacher, Gregory S. Russ, Jason Esikuri, Enos E. Ashida Tao, Keiko Framework for Conducting Benefit-Cost Analyses of Investments in Hydro-Meteorological Systems |
| geographic_facet |
Latin America & Caribbean Caribbean Latin America |
| relation |
Latin America and Caribbean region
Environment and Water Resources occasional paper series; |
| description |
The whitepaper is organized as follows:
section two provides an overview of the types of benefits
associated with hydromet investments, the process by which
the benefits are generated, and their expected development
impacts; section three explains the rationale for public
sector investment in hydromet systems and involvement by the
World Bank; section four discusses the wide range of factors
that influence the magnitude of benefits generated by
hydromet systems, in particular the value of weather and
climate forecasts. The discussion is supplemented by a
stylized example presented in annex one; section five
provides an overview of approaches that have been used to
estimate the value of improved forecasts of routine climate
to specific user groups or sectors of an economy; section
six then turns to an overview of approaches that have been
used to estimate the net benefits of hydromet investments at
the country level. The primary benefits estimated by these
approaches are those associated with improved forecasts of
extreme meteorological events; section seven contains a
discussion of the costs of hydromet investments, with
particular attention given to the challenges faced in
estimating these costs in developing countries; section
eight lays out a framework for estimating the expected net
benefits of hydromet investments at a country level. The
framework builds on existing approaches and is designed to
be used with data available from secondary sources. This
section will be of central interest to those tasked with
conducting economic evaluations of hydromet investments;
section nine describes data that can be collected to conduct
interim and ex-post evaluations of hydromet investments that
supplement and refine ex-ante evaluations of these
investments; and section ten offers conclusions and recommendations. |
| format |
Publications & Research :: Working Paper |
| author |
Malik, Arun S. Amacher, Gregory S. Russ, Jason Esikuri, Enos E. Ashida Tao, Keiko |
| author_facet |
Malik, Arun S. Amacher, Gregory S. Russ, Jason Esikuri, Enos E. Ashida Tao, Keiko |
| author_sort |
Malik, Arun S. |
| title |
Framework for Conducting Benefit-Cost Analyses of Investments in Hydro-Meteorological Systems |
| title_short |
Framework for Conducting Benefit-Cost Analyses of Investments in Hydro-Meteorological Systems |
| title_full |
Framework for Conducting Benefit-Cost Analyses of Investments in Hydro-Meteorological Systems |
| title_fullStr |
Framework for Conducting Benefit-Cost Analyses of Investments in Hydro-Meteorological Systems |
| title_full_unstemmed |
Framework for Conducting Benefit-Cost Analyses of Investments in Hydro-Meteorological Systems |
| title_sort |
framework for conducting benefit-cost analyses of investments in hydro-meteorological systems |
| publisher |
World Bank, Washington, DC |
| publishDate |
2015 |
| url |
http://documents.worldbank.org/curated/en/2014/06/20472783/framework-conducting-benefit-cost-analyses-investments-hydro-meteorological-systems http://hdl.handle.net/10986/21095 |
| _version_ |
1764447462722895872 |
| spelling |
okr-10986-210952021-04-23T14:04:00Z Framework for Conducting Benefit-Cost Analyses of Investments in Hydro-Meteorological Systems Malik, Arun S. Amacher, Gregory S. Russ, Jason Esikuri, Enos E. Ashida Tao, Keiko AGRICULTURAL COMMODITIES AGRICULTURAL OUTPUT AGRICULTURE AIR AIR QUALITY AIR QUALITY STANDARDS ANNUAL COST AVIATION INDUSTRY BENCHMARK BENCHMARKING BENCHMARKS BIODIVERSITY CONSERVATION CAPACITY BUILDING CARBON CARBON EMISSION CARBON SINK CLIMATE CLIMATE CHANGE CLIMATE CHANGE SCENARIOS CLIMATE RESILIENCE CO COLORS CONJOINT ANALYSIS CONSUMERS CONTINGENT VALUATION COST ANALYSES COST SAVINGS CROP INSURANCE DAMAGES DEVELOPED COUNTRIES DEVELOPMENT PROJECTS DEW DEW POINT DIRECTIONAL FLOW DISCOUNT RATE DISCOUNT RATES ECONOMIC ACTIVITY ECONOMIC ANALYSIS ECONOMIC BENEFITS ECONOMIC COSTS ECONOMIC EFFICIENCY ECONOMIC MODELS ECONOMIC VALUE ECONOMIC WELFARE ECONOMIES OF SCALE ECONOMISTS ECOSYSTEM EFFECTIVE USE ELECTRIC GENERATORS ELECTRICITY ELECTRICITY GENERATION ELECTRICITY PRODUCTION EMERGENCY RESPONSE EMISSION REDUCTION ENERGY USE ENVIRONMENTAL ENVIRONMENTAL CONSERVATION ENVIRONMENTAL GOODS ENVIRONMENTAL ISSUES ENVIRONMENTAL POLICIES ENVIRONMENTAL POLICY EQUILIBRIUM EXPECTED UTILITY EXPECTED VALUE EXTREME CLIMATE EVENTS EXTREME EVENTS EXTREME POVERTY EXTREME WEATHER EXTREME WEATHER EVENTS FEASIBILITY FINANCIAL SECTOR FISHERIES FISHING FIXED COSTS FLOODS FORECASTS FOREST FOREST RESOURCES FORESTRY FROST FUEL GAS GDP GOVERNMENT EXPENDITURES GROSS DOMESTIC PRODUCT HURRICANE HURRICANES INCOME INCOME HOUSEHOLDS INFRASTRUCTURE CHARGING INPUT USE INSURANCE INSURANCE INSTRUMENTS INSURANCE PAYMENTS INVESTMENT DECISIONS MARKET PRICES METEOROLOGICAL STATISTICS MONITORING TECHNOLOGY NATURAL RESOURCE ECONOMICS NATURAL RESOURCES NITROGEN OIL PARTIAL EQUILIBRIUM ANALYSES PESTICIDES POLICY MAKERS POLICY RELEVANCE POLLUTION POWER PLANTS PRECIPITATION PROBABILITY DISTRIBUTION PROBABILITY DISTRIBUTIONS PRODUCERS PUBLIC GOOD PUBLIC GOODS PUBLIC SECTOR INVESTMENT QUALITY STANDARDS QUANTITATIVE ANALYSIS RAINFALL RELATIVE HUMIDITY RESOURCE ECONOMICS RESOURCE MANAGEMENT RISK MANAGEMENT ROAD ROAD MAINTENANCE ROADS SAFETY SENSITIVITY ANALYSES SEVERE WEATHER STORMS SUSTAINABLE DEVELOPMENT TECHNICAL ASSISTANCE TEMPERATURE TOTAL BENEFITS TOTAL COST TOTAL COSTS TRANSPORT TRANSPORT SECTOR TRANSPORTATION TRUCKS TRUE VARIABLE COSTS WEATHER CONDITIONS WEATHER INSURANCE WEATHER PATTERNS WILLINGNESS TO PAY WIND WMO WTP The whitepaper is organized as follows: section two provides an overview of the types of benefits associated with hydromet investments, the process by which the benefits are generated, and their expected development impacts; section three explains the rationale for public sector investment in hydromet systems and involvement by the World Bank; section four discusses the wide range of factors that influence the magnitude of benefits generated by hydromet systems, in particular the value of weather and climate forecasts. The discussion is supplemented by a stylized example presented in annex one; section five provides an overview of approaches that have been used to estimate the value of improved forecasts of routine climate to specific user groups or sectors of an economy; section six then turns to an overview of approaches that have been used to estimate the net benefits of hydromet investments at the country level. The primary benefits estimated by these approaches are those associated with improved forecasts of extreme meteorological events; section seven contains a discussion of the costs of hydromet investments, with particular attention given to the challenges faced in estimating these costs in developing countries; section eight lays out a framework for estimating the expected net benefits of hydromet investments at a country level. The framework builds on existing approaches and is designed to be used with data available from secondary sources. This section will be of central interest to those tasked with conducting economic evaluations of hydromet investments; section nine describes data that can be collected to conduct interim and ex-post evaluations of hydromet investments that supplement and refine ex-ante evaluations of these investments; and section ten offers conclusions and recommendations. 2015-01-06T14:40:13Z 2015-01-06T14:40:13Z 2014-06 http://documents.worldbank.org/curated/en/2014/06/20472783/framework-conducting-benefit-cost-analyses-investments-hydro-meteorological-systems http://hdl.handle.net/10986/21095 English en_US Latin America and Caribbean region Environment and Water Resources occasional paper series; CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo/ World Bank, Washington, DC Publications & Research :: Working Paper Latin America & Caribbean Caribbean Latin America |