Ecosystem- based approaches to adaptation in the Philippines ...

5) Cost effectivenessCost-effectiveness analysis is aform of economic analysis used tocompare the relative costs andoutcomes (effects) of two or morecourses of action. CEA is often usedto estimate inputs in monetaryterms and outcomes in nonmonetaryquantitative terms (suchas improvements in environmentaloutcomes). This is suitable inassessing whether the outcome isreached at minimum cost.