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Grant Award View - GA64743
Benefits and costs of non-market valuation for environmental management
GA ID:
GA64743
Agency:
Australian Research Council
Approval Date:
4-Dec-2019
Publish Date:
5-Dec-2019
Category:
Humanities, Arts and Social Sciences (HASS) Research
Grant Term:
1-Dec-2020 to 29-Nov-2024
Original: 1-Jan-2020 to 31-Dec-2022
Value (AUD):
$537,117.00
(GST inclusive where applicable)
Variations:
- GA64743-V4 - Variation to Grant (6-Jul-2023 )
- GA64743-V3 - Variation to Grant (20-Oct-2021 )
- GA64743-V2 - Variation to Grant (2-Aug-2021 )
- GA64743-V1 - Variation to Grant (25-May-2021 )
One-off/Ad hoc:
No
Aggregate Grant Award:
No
PBS Program Name:
ARC 19/20 Discovery
Grant Program:
Discovery Projects
Grant Activity:
Benefits and costs of non-market valuation for environmental management
Purpose:
Benefits from environmental policies are often unpriced “non-market values†(NMVs). Environmental agencies struggle to know how best to measure these relatively intangible benefits, but doing so is important to ensure value for money from public investments. Environmental economists have developed and applied a wide range of methods for estimating NMVs. The methods vary in their comprehensiveness, accuracy and cost. Yet no rigorous tool is available to assess (a) which NMV method is best to implement, accounting for its cost and its potential to improve decisions, or (b) whether any NMV method improves decisions enough to warrant its cost. In creating such a tool, this project will deliver a key breakthrough in environmental economics.
GO ID:
GO Title:
Discovery Projects for funding commencing in 2020
Internal Reference ID:
DP20 Round 1
Selection Process:
Targeted or Restricted Competitive
Confidentiality - Contract:
No
Confidentiality - Outputs:
No
Grant Recipient Details
Recipient Name:
The University of Western Australia
Recipient ABN:
37 882 817 280
Grant Recipient Location
Suburb:
NEDLANDS
Town/City:
NEDLANDS
Postcode:
6009
State/Territory:
WA
Country:
AUSTRALIA
Grant Delivery Location
State/Territory:
WA
Postcode:
6009
Country:
AUSTRALIA