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
(Quante and Colijn, 2016). Work on risk analysis and adaptation is in different
stages in the countries of the world.
Coastal floods have caused problems in Iceland in the past (Jóhannsdóttir, 2017) and are likely to do
so in the future as well. Large coastal floods can be expected in Iceland every 10 - 20 years and the
probability of such events can rise with climate change (Almannavarnir, 2011
/media/vedurstofan-utgafa-2020/VI_2020_005.pdf
in
our analyses, as will be further outlined in the
discussion.
Among these principles, we found no direct
contradictions between the guides; our corresponding
analysis can be traced with the help of the author
principle tables, A3-1–A3-4 in Appendix 3, and the
summary table in Appendix 4, Table A4.
Nevertheless, we realized that there were tensions
between several of the principles, e.g., between P2
/media/loftslag/vonKorff_etal-2010.pdf
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