on the European level [e.g.
Water Framework Directive (Directive 2000/60/EC),
Common Agricultural Policy, etcetera], except for the
Ukrainian part of the Tisza. However, the Ukraine shows
strong incentives to enter the EU community and thus the
EU acquis communautaire is used as key reference for the
development of its water management principles. It was
nevertheless decided to select two case-studies
/media/loftslag/Huntjens_etal-2010-Climate-change-adaptation-Reg_Env_Change.pdf
of market organisation alternatives
26.8.2011Adriaan Perrels/IL 10
Cost-benefit analysis – the basics 3
Simple example: despite positive IRR still cash flow challenge years 1 - 8
CBA example - initial investment 100; interest and discount 5%;
operational cost +5%/y; benefits +10%/y; IRR = 7.4%
-20
-10
0
10
20
30
40
50
1 2 3 4 5 6 7 8 9 10 11 12 13 14 15
years
m
o
n
e
y
u
n
it
s
writing off
finance
/media/loftslag/Perrels-CBA.pdf
bodies of management,
decision-support, risk, and participation literature.
d’Aquino (2008)
Patrick d’Aquino relies on 20 years of
implementation and evaluation experience, mostly
in a natural resource management context and in
developing countries. His approach is, at this point,
the least conceptually developed design method of
the guides presented here, although it is linked to a
theoretical
/media/loftslag/vonKorff_etal-2010.pdf
tg
ui
da
n
ce
fo
rt
ra
ns
bo
un
da
ry
w
at
er
s,
pr
ep
ar
ed
an
d
P. van der Keur et al.
(floo
dmanag
ement
)an
d
wat
er
qualit
y
ag
re
ed
u
po
n
in
co
m
m
o
n
u
n
de
rs
ta
nd
in
g,
creat
ed
th
e
bas
is
fo
rth
e
formul
atio
n
o
f
joi
nt
m
ea
su
re
s
(Fr
ijte
rs
an
d
Le
en
tv
aa
r
200
3)
Mo
del
s
(na
tural
,te
chnica
l
an
d
so
ci
al
sy
ste
m
s):
Uncert
aint
y
ha
s
to
be
incorp
orated
:
1:
Ep
ist
/media/loftslag/VanderKeur_etal-2008-Uncertainty_IWRM-WARM.pdf