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Adaptation - Global Climate Change Alliance

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11<br />

Financial and economic analysis<br />

• Both CBA and CEA support:<br />

Basis for private<br />

sector decision<br />

making<br />

– financial analysis: considers the ‘monetary’ costs and<br />

benefits (or equivalent) accruing to parties directly<br />

concerned by a project or programme, at their ‘face value’<br />

– economic analysis: broadens the analysis to more<br />

accurately reflect costs and benefits to society<br />

Basis for public<br />

sector decision<br />

making

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