IRP2 Integrated economic assessment and business case development for Water Sensitive Cities: Modelling WP 6

  • Ifhekhar, Sayed (Primary Chief Investigator (PCI))
  • Fogarty, James (Chief Investigator (CI))
  • Pannell, David (Chief Investigator (CI))
  • Tapper, Nigel (Chief Investigator (CI))
  • Polyakov, Maksym (Chief Investigator (CI))
  • Siebentritt, Mark (Partner Investigator (PI))
  • Whyteoak, Kym (Partner Investigator (PI))
  • Lloyd, Sara Dorothy (Partner Investigator (PI))
  • Tjandraatmadja, Grace (Partner Investigator (PI))
  • Finnlayson, Greg (Partner Investigator (PI))
  • Kretzer, Ursula (Partner Investigator (PI))
  • Rakela, Naomi (Partner Investigator (PI))
  • Miller, Craig (Partner Investigator (PI))
  • Leiva, Simon (Partner Investigator (PI))
  • Bradley, Melissa (Partner Investigator (PI))
  • Fagan, Jill (Partner Investigator (PI))
  • Fallowfield, Ben (Partner Investigator (PI))
  • Bertram, Nigel (Chief Investigator (CI))

Project: Research

Project Details

Project Description

IRP2 will develop and apply an economic evaluation framework to identify and quantify economic, environmental and community values of investments in water sensitive practices and systems. The ultimate output of the project would be an accepted and well-aligned evaluation framework that users will apply to business case development and decision making at multiple levels in public and private sector organisations. The framework will help in better decision making to achieve water sensitive, liveable and resilient cities. Building on existing CRC work on economic evaluation and, existing literature (such as studies on customer willingness to pay, water literacy, etc.), the framework will be developed in close engagement with key stakeholders throughout the project. A Project Steering Committee will guide each stage of the project. Additionally, local government and industry practitioners will be directly involved in developing key inputs and testing of the proposed framework to support the acceptance and ongoing adoption from all key stakeholders across Australia.

Monash researchers will be working on modelling WP6.
Short titleModelling WP 6
Effective start/end date15/05/1730/06/19