Itf Research Reports Adapting Transport Policy To Climate Change Carbon Valuation Risk And Uncertainty

Transport accounts for nearly a quarter of anthropogenic carbon dioxide emissions. The price attached to these emissions is critical to climate policies and emissions mitigation efforts in the sector. As the impact of emissions on climate does not depend on where CO2 is released, the price of ...

This report addresses the fundamental challenges that climate change poses to infrastructure owners, who face two major challenges. First, they must ensure continued asset performance under sometimes significantly modified climate conditions that may decrease the present value of their networks ...

Climate Change Adaptation for Transportation Systems examines the international state of knowledge on climate change and weather and their potential impacts on the planning, design and serviceability of transportation networks. The book describes alternative frameworks for adapting to climate change in the planning, provision and management of transportation systems. It discusses methods and models for including climate and weather factors in planning and design for use in transportation asset systems under risk and uncertainty. Giving specific attention to road, rail, ports and harbors, the book provides users with the tools they need in decision-making approaches where there is uncertainty. Examines the impact of climate change and extreme weather on the performance and serviceability of transportation assets Explores the issues, methods, frameworks, models and techniques for assessing transportation systems' performance, including considerations for climate and the environment Provides case studies from around the world to illustrate methods, covering a wide range of climatic conditions, considerations and approaches for transportation planners

Applied Welfare Economics: Cost-Benefit Analysis for Project and Policy Evaluation presents a consistent framework for applied welfare economics and is grounded in a comprehensive theory of cost-benefit analysis, specifically focused on offering a practical approach to policy and project evaluation. After opening with a theoretical discussion of the concept of social welfare, a critical analysis of the traditional doctrine of welfare economics embodied in the Two Fundamental Theorems, and a presentation of social cost-benefit analysis, the book introduces readers to an applied framework. This includes the empirical estimation of shadow prices of goods, the social cost of labour and capital, and the assessment of risk. The book also examines real-life experiences with cost-benefit analysis, including ex-post evaluation of major projects, economic rates of return in different sectors, and a case study on privatisation. These chapters draw on first-hand research gained by the author team from years of advisory work for the European Commission and other international and national institutions. This second edition presents updated data, more international examples, and more coverage of topics such as very long run discounting effects and climate change as an intergenerational effect. It also includes more practical examples and end-of-chapter questions to aid student’s learning. Applied Welfare Economics is a valuable textbook for upper-level courses on welfare economics, cost-benefit analysis, public policy analysis and related areas.

This book explores recent developments in environmental cost-benefit analysis (CBA). This is defined as the application of CBA to projects or policies that have the deliberate aim of environmental improvement or are actions that affect, in some way, the natural environment as an indirect consequence

This report produced in co-operation with the International Energy Agency (IEA), the International Transport Forum (ITF) and the Nuclear Energy Agency (NEA) identifies the misalignments between climate change objectives and policy and regulatory frameworks across a range of policy domains.

This report makes recommendations for good practice bringing the results of economic appraisals and environmental assessments before decision makers in the transport sector on the basis of reviews of recent experience in infrastructure planning and policy development in seven countries.