Expanding the Benefit-Cost Analysis for Nature-Based Solutions

On Thursday, June 15, Save the Sound, Connecticut Sea Grant, New York Sea Grant, The Pew Charitable Trusts, and Earth Economics hosted an invite-only workshop, “Expanding the Benefit-Cost Analysis for Nature-Based Solutions,” which was attended by more than 50 professionals from federal and state agencies, municipalities, environmental NGOs, and engineering firms.
The workshop reviewed the results of an effort by Save the Sound and Earth Economics to identify opportunities for the Federal Emergency Management Agency (FEMA) and other federal agencies and funders to improve the ability of benefit-cost analysis tools to account for ecosystem-based benefits. See here for the associated report, Expanding FEMA’s Benefit Cost Analysis: Chittenden Living Shoreline Case Study (published June 2023).