Better economics : supporting adaptation with stakeholder analysis
Date
2011
Journal Title
Journal ISSN
Volume Title
Publisher
International Institute for Environment and Development (IIED), London, GB
Abstract
Cost-benefit analyses can provide information on the financial feasibility and economic efficiency of a given policy. However, such methods fail to capture the non-monetary benefits of adaptation, which can be more important than the monetary ones. Ongoing work in Morocco shows how cost-benefit analysis combined with participatory stakeholder analysis can support effective decision making, by identifying cross-sector benefits, highlighting areas of mutual interest among different stakeholders, and more effectively assessing impacts on adaptive capacity. The most important benefits from adaptive irrigation in Morocco are non-monetary, for farmers and public sector stakeholders alike.
Description
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IDRC-Related Report
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Keywords
CLIMATE CHANGE ADAPTATION, COST BENEFIT ANALYSIS, CLIMATE CHANGE POLICY, STAKEHOLDER PARTICIPATION, ENVIRONMENTAL ECONOMICS, INCLUSIVE GROWTH, INCOME GENERATION, ADAPTIVE CAPACITY, MOROCCO, NORTH OF SAHARA