This report examines the extent to which shortcomings in cost-benefit analysis for tranport projects can be addressed, focusing on equity and distributional impacts, agglomeration benefits and external costs. It also shows how best to present guidance on project selection to decision makers.
Discussion at this Roundtable focused on how to achieve effective independent regulation and how to reconcile independence with the legitimate control of policy by the executive part of government.
The report examines the nature of risks and uncertainty associated with different types of public-private partnership projects and the practical consequences of transferring risks to private partners.
This report discusses the state of the art in understanding the economic effects of major transport infrastructure projects. It examines the limits of socio-economic cost-benefit analysis (CBA) and reviews the development of approaches to assessing the benefits of investment in large projects.
This Round Table challenges the standard cost-benefit analysis of transport infrastructure investment projects on the grounds that it ignores wider economic impacts of such projects.
Ex-post evaluation is important to improving the delivery of transport policy objectives. It can be used for multiple purposes at the core of which is the improvement of ex-ante assessment. A small number of jurisdictions employ ex-post evaluation systematically and leading experience is ...
This book presents cutting-edge work on innovative planning methodologies, tools and experiences aimed at supporting the transition of our cities and regions towards a more smart and sustainable dimension. This book comprises a selection of the best papers presented at the international conference “Smart and Sustainable Planning for Cities and Regions 2015”, held in November 2015 in Bolzano, Italy. Contributions from different research fields within urban and regional planning from the scientific as well as the professional community are presented: energy planning for cities and regions, how to couple the energy-climate goals with the development or renovation of the built environment and how to tackle the vulnerability to climate change; smart and sustainable technologies, big data, integrated infrastructures and mobility management, from holistic geospatial tools to innovative apps and Internet of Things; benefits, costs and opportunities of urban transition toward a more smart and sustainable dimension, accounting and assessment of values and trade-offs within the decision making processes; governance for smart and sustainable growth, fostering place-based policy-making, active and effective stakeholders’ participation, co-production and public-private partnerships; cooperation and demonstration projects: their role in fostering the adoption of new approaches and technologies, towards the development of win-win solutions.
This textbook provides an introduction to the concept of sustainability in the context of transportation planning, management, and decision-making. The book is divided into two parts. In the first part, indicators and frameworks for measuring sustainable development in the transportation sector are developed. In the second, the authors analyze actual planning and decision-making in transportation agencies in a variety of governance settings. This analysis of real-world case studies demonstrates the benefits and limitations of current approaches to sustainable development in transportation. The book concludes with a discussion on how to make sustainability count in transportation decision-making and practice.
The EIB performs economic appraisals of the projects it considers for investment. Thereby, it ensures that projects add sufficient value to society to merit support. Beyond considerations of financial profitability to investors, the economic appraisal also addresses the wider value generated by the project to society. This comprises benefits and costs to project final users, the taxpayer and third parties, allowing for all applicable market failures, such as environmental externalities. Since the publication of the first edition of this document in 2013, the EIB has been transformed into the EU Climate Bank. The way it values carbon emissions has been updated, as have various other elements of economic appraisal, in keeping with developments in the specialist literature, policy and practice. This second edition of the document gives the reader an updated view of how economic appraisal is currently conducted at the Bank. It also mentions the areas on which the EIB is currently working to ensure that it is at the forefront of economic appraisal practice.
Panama has achieved socio-economic improvements in recent decades thanks to strong economic growth and consequent poverty reduction. Its growth model is characterised by a dual economy in which a small number of activities, including those related to the Canal and Special Economic Zones, have ...
