Ben Blachly, Susana Ferreira, Yukiko Hashida, Grace Anne Ingham, Craig E Landry & Anna Perry
The common method used to calculate Benefit-cost analysis does not incorporate the often-times greater long-term benefits of natural infrastructure (NI) over conventional approaches, putting the selection of NI at a disadvantage. Several groups are moving toward an ecosystem services approach to identifying benefits that people obtain from ecosystems including the European Union, the Environmental Protection Agency and the U.S. Army Corps of Engineers. Dr. Ben Blachy gives a summary of a technical report on Benefit-cost analysis and how this computation is used to prioritize projects and choose between options.
The N-EWN Knowledge Series offers 1 Continuing Education Credit (CEC) per seminar. This Series is presented by N-EWN, Limnotech, the University of Georgia, and USACE ERDC.