Framework for Conducting Benefit-Cost Analyses of Investments in Hydro-Meteorological Systems

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dc.creatorMalik, Arun S.
dc.creatorAmacher, Gregory S.
dc.creatorRuss, Jason
dc.creatorEsikuri, Enos E.
dc.creatorAshida Tao, Keiko
dc.date2015-01-06T14:40:13Z
dc.date2015-01-06T14:40:13Z
dc.date2014-06
dc.date.accessioned2026-07-01T00:46:04Z
dc.descriptionThe whitepaper is organized as follows: section two provides an overview of the types of benefits associated with hydromet investments, the process by which the benefits are generated, and their expected development impacts; section three explains the rationale for public sector investment in hydromet systems and involvement by the World Bank; section four discusses the wide range of factors that influence the magnitude of benefits generated by hydromet systems, in particular the value of weather and climate forecasts. The discussion is supplemented by a stylized example presented in annex one; section five provides an overview of approaches that have been used to estimate the value of improved forecasts of routine climate to specific user groups or sectors of an economy; section six then turns to an overview of approaches that have been used to estimate the net benefits of hydromet investments at the country level. The primary benefits estimated by these approaches are those associated with improved forecasts of extreme meteorological events; section seven contains a discussion of the costs of hydromet investments, with particular attention given to the challenges faced in estimating these costs in developing countries; section eight lays out a framework for estimating the expected net benefits of hydromet investments at a country level. The framework builds on existing approaches and is designed to be used with data available from secondary sources. This section will be of central interest to those tasked with conducting economic evaluations of hydromet investments; section nine describes data that can be collected to conduct interim and ex-post evaluations of hydromet investments that supplement and refine ex-ante evaluations of these investments; and section ten offers conclusions and recommendations.
dc.formatapplication/pdf
dc.formattext/plain
dc.identifierhttp://documents.worldbank.org/curated/en/2014/06/20472783/framework-conducting-benefit-cost-analyses-investments-hydro-meteorological-systems
dc.identifierhttps://hdl.handle.net/10986/21095
dc.identifierhttps://doi.org/10.1596/21095
dc.identifier.urihttp://hdl.handle.net/123456789/410676
dc.languageEnglish
dc.languageen_US
dc.publisherWorld Bank, Washington, DC
dc.relationLatin America and Caribbean region Environment and Water Resources occasional paper series;
dc.rightsCC BY 3.0 IGO
dc.rightshttp://creativecommons.org/licenses/by/3.0/igo/
dc.subjectAGRICULTURAL COMMODITIES
dc.subjectAGRICULTURAL OUTPUT
dc.subjectAGRICULTURE
dc.subjectAIR
dc.subjectAIR QUALITY
dc.subjectAIR QUALITY STANDARDS
dc.subjectANNUAL COST
dc.subjectAVIATION INDUSTRY
dc.subjectBENCHMARK
dc.subjectBENCHMARKING
dc.subjectBENCHMARKS
dc.subjectBIODIVERSITY CONSERVATION
dc.subjectCAPACITY BUILDING
dc.subjectCARBON
dc.subjectCARBON EMISSION
dc.subjectCARBON SINK
dc.subjectCLIMATE
dc.subjectCLIMATE CHANGE
dc.subjectCLIMATE CHANGE SCENARIOS
dc.subjectCLIMATE RESILIENCE
dc.subjectCO
dc.subjectCOLORS
dc.subjectCONJOINT ANALYSIS
dc.subjectCONSUMERS
dc.subjectCONTINGENT VALUATION
dc.subjectCOST ANALYSES
dc.subjectCOST SAVINGS
dc.subjectCROP INSURANCE
dc.subjectDAMAGES
dc.subjectDEVELOPED COUNTRIES
dc.subjectDEVELOPMENT PROJECTS
dc.subjectDEW
dc.subjectDEW POINT
dc.subjectDIRECTIONAL FLOW
dc.subjectDISCOUNT RATE
dc.subjectDISCOUNT RATES
dc.subjectECONOMIC ACTIVITY
dc.subjectECONOMIC ANALYSIS
dc.subjectECONOMIC BENEFITS
dc.subjectECONOMIC COSTS
dc.subjectECONOMIC EFFICIENCY
dc.subjectECONOMIC MODELS
dc.subjectECONOMIC VALUE
dc.subjectECONOMIC WELFARE
dc.subjectECONOMIES OF SCALE
dc.subjectECONOMISTS
dc.subjectECOSYSTEM
dc.subjectEFFECTIVE USE
dc.subjectELECTRIC GENERATORS
dc.subjectELECTRICITY
dc.subjectELECTRICITY GENERATION
dc.subjectELECTRICITY PRODUCTION
dc.subjectEMERGENCY RESPONSE
dc.subjectEMISSION REDUCTION
dc.subjectENERGY USE
dc.subjectENVIRONMENTAL
dc.subjectENVIRONMENTAL CONSERVATION
dc.subjectENVIRONMENTAL GOODS
dc.subjectENVIRONMENTAL ISSUES
dc.subjectENVIRONMENTAL POLICIES
dc.subjectENVIRONMENTAL POLICY
dc.subjectEQUILIBRIUM
dc.subjectEXPECTED UTILITY
dc.subjectEXPECTED VALUE
dc.subjectEXTREME CLIMATE EVENTS
dc.subjectEXTREME EVENTS
dc.subjectEXTREME POVERTY
dc.subjectEXTREME WEATHER
dc.subjectEXTREME WEATHER EVENTS
dc.subjectFEASIBILITY
dc.subjectFINANCIAL SECTOR
dc.subjectFISHERIES
dc.subjectFISHING
dc.subjectFIXED COSTS
dc.subjectFLOODS
dc.subjectFORECASTS
dc.subjectFOREST
dc.subjectFOREST RESOURCES
dc.subjectFORESTRY
dc.subjectFROST
dc.subjectFUEL
dc.subjectGAS
dc.subjectGDP
dc.subjectGOVERNMENT EXPENDITURES
dc.subjectGROSS DOMESTIC PRODUCT
dc.subjectHURRICANE
dc.subjectHURRICANES
dc.subjectINCOME
dc.subjectINCOME HOUSEHOLDS
dc.subjectINFRASTRUCTURE CHARGING
dc.subjectINPUT USE
dc.subjectINSURANCE
dc.subjectINSURANCE INSTRUMENTS
dc.subjectINSURANCE PAYMENTS
dc.subjectINVESTMENT DECISIONS
dc.subjectMARKET PRICES
dc.subjectMETEOROLOGICAL STATISTICS
dc.subjectMONITORING TECHNOLOGY
dc.subjectNATURAL RESOURCE ECONOMICS
dc.subjectNATURAL RESOURCES
dc.subjectNITROGEN
dc.subjectOIL
dc.subjectPARTIAL EQUILIBRIUM ANALYSES
dc.subjectPESTICIDES
dc.subjectPOLICY MAKERS
dc.subjectPOLICY RELEVANCE
dc.subjectPOLLUTION
dc.subjectPOWER PLANTS
dc.subjectPRECIPITATION
dc.subjectPROBABILITY DISTRIBUTION
dc.subjectPROBABILITY DISTRIBUTIONS
dc.subjectPRODUCERS
dc.subjectPUBLIC GOOD
dc.subjectPUBLIC GOODS
dc.subjectPUBLIC SECTOR INVESTMENT
dc.subjectQUALITY STANDARDS
dc.subjectQUANTITATIVE ANALYSIS
dc.subjectRAINFALL
dc.subjectRELATIVE HUMIDITY
dc.subjectRESOURCE ECONOMICS
dc.subjectRESOURCE MANAGEMENT
dc.subjectRISK MANAGEMENT
dc.subjectROAD
dc.subjectROAD MAINTENANCE
dc.subjectROADS
dc.subjectSAFETY
dc.subjectSENSITIVITY ANALYSES
dc.subjectSEVERE WEATHER
dc.subjectSTORMS
dc.subjectSUSTAINABLE DEVELOPMENT
dc.subjectTECHNICAL ASSISTANCE
dc.subjectTEMPERATURE
dc.subjectTOTAL BENEFITS
dc.subjectTOTAL COST
dc.subjectTOTAL COSTS
dc.subjectTRANSPORT
dc.subjectTRANSPORT SECTOR
dc.subjectTRANSPORTATION
dc.subjectTRUCKS
dc.subjectTRUE
dc.subjectVARIABLE COSTS
dc.subjectWEATHER CONDITIONS
dc.subjectWEATHER INSURANCE
dc.subjectWEATHER PATTERNS
dc.subjectWILLINGNESS TO PAY
dc.subjectWIND
dc.subjectWMO
dc.subjectWTP
dc.titleFramework for Conducting Benefit-Cost Analyses of Investments in Hydro-Meteorological Systems

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