Evaluation of Sustainable Urban Development: Cost–Benefit Analysis and Multicriteria Analysis

2021 ◽  
Vol 12 (1) ◽  
pp. 11-13
Author(s):  
Aránzazu Berbey Álvarez

Torben Holvad is Analysis Team Leader at the European Union Agency for Railways (France). He obtained Economics degrees from Copenhagen University (MSc) and the European University Institute in Florence (PhD). He has more than 30 years of experience in applied economic analysis. His skills and expertise correspond to backgrounds like: Quantitative methods, Data Envelopment Analysis, Impact Assessment, Cost Benefit Analysis, Transport Economics, Multicriteria analysis, Economics of regulation, Data analysis, Health economics.


2019 ◽  
Vol 8 (3) ◽  
pp. 85
Author(s):  
Cristina Matos Silva ◽  
Carlos Oliveira Cruz ◽  
Inês Teotónio

Green roofs and walls are one of the most promising alternatives for retrofitting existing built environments and tackle urban challenges in a multifunctional way. Yet, these solutions are being confined to specific countries or cities, as their economic contribution has not been fully examined nor accepted. GENESIS is a trans-disciplinary project funded by FCT - Fundação para a Ciência e a Tecnologia that will develop a systematic and comprehensive model to support potential investors or decision-makers, balancing the costs with the benefits of green roofs and walls in a life cycle perspective. The main objective of the project is to enhance existing cost-benefit analysis of green roofs and walls through a multidisciplinary approach that will allow the replication in different regions and type of infrastructures. This will be achieved by: i) monetizing and including all economic, social and environmental benefits in the analysis in order to weight different types of benefits (even those that are typically difficult to estimate because they have no market value) and establish a comparative basis of alternative solutions and potential scenarios; ii) comprising an uncertainty model to cope with climate change and inaccurate forecasting of benefits/costs modelling and; iii) including multi-criteria mode in order to incorporate users and investors preferences. This all-inclusive model crucial for a wide spreading in is green roofs and walls and a more sustainable development in cities. Keywords: green roofs/walls; cost-benefit analysis; investors/users preferences; sustainable urban development; uncertainty


Sign in / Sign up

Export Citation Format

Share Document