Prof. Dr. Hans Hurni, University of Bern/ Switzerland on his research in Ethiopia.
This week's case-study:
Case Study 4 and 7: Sierra Leone / World Crop
Simple cost-benefit analysis:
De Groot, R.S., J. Blignaut, S. Van Der Ploeg, J. Aronson, T. Elmqvist, and J. Farley. 2013. "Benefits of Investing in Ecosystem Restoration." Conservation Biology 27:1286-1293.
A bit more advanced:
Birol, E., P. Koundouri and Y. Kountouris (2010). "Assessing the economic viability of alternative water resources in water-scarce regions: Combining economic valuation, cost-benefit analysis and discounting." Ecological Economics 69(4): 839-847.
Next week we will simulate a cost-benefit-analysis for your chosen ecosystem. This economic method is a decision-making tool that will enable you to make a comparison between two scenarios:
1. the scenario that you explored in Assignment 2
2. a new scenario that you will create
The assignment is due on April 12, 2014.
Over the next few weeks, we will develop a cost-benefit-analysis for your ecosystem. Cost-benefit analysis is a tool that helps decision makers assess whether or not a project is worth undertaking. The first step is assessing of the current situation, the costs and the benefits. We have begun doing that in the previous assignments. Now, we need to conceptualize a scenario that is different from what we have already worked on. The ELD goal is to prevent or reverse land degradation while improving the livelihood of people. Our new land scenario should reflect those goals.