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 CRCWSC 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.
Stakeholders from various industry and end user groups (such as utilities, agencies, councils, regulators and consultants) will be engaged in the project. Stakeholders will benefit by being part of the project directly (such as through participation in the case studies or workshops) or indirectly (such as through our communication and adoption activities). We will engage with other end users through our wider communication and adoption activities to help them to adopt the standardised economic evaluation framework and improve their decision making.
A Project Steering Committee (PSC) of the project has been set up, consisting of representatives of key sectors and industries. The PSC members have extensive experience in water management issues and knowledge of the specific regional context. They will guide each stage of the project from design and delivery of the project activities to communication and adoption of the project outputs. The Committee members will also facilitate wider connections with other end users and industry groups.
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.
The key outputs of this project are as follows:
- A widely tested and supported economic evaluation framework to support business case development for decision making for investment in water sensitive cities designs and practices;
- A peer reviewed and tested benefit-cost analysis (spreadsheet/database) tool with user friendly interface and a comprehensive set of peer reviewed input metrics for the tool based upon practitioner data and best available research;
- A peer reviewed and tested benefit transfer tool and guideline to allow users to transfer non-market values of different elements of water sensitive cities;
- Valuation of certain (non-market) benefits of water sensitive cities (such as urban heat island mitigation), filling important and relevant gaps in the existing body of evidence;
- Supporting guideline/user manual to support application of economic evaluation framework and tool (which would include examples of application of the framework in different case studies);
- Cross-state network of stakeholders and practitioners which will provide a vehicle for continued engagement regarding delivery of economic evaluation framework and tool.
The work will be underpinned by a strong strategy for stakeholder engagement, overseen by an end-user-driven steering committee, which has already been formed.
IRP2 Project Steering Committee (PSC)
- David Pannell - University of Western Australia
- Nigel Tapper - Monash University
- Sayed Iftekhar - University of Western Australia
- Kym Whiteoak - RMCG
- Ben Fallowfield - Northern Beaches Council
- Mellissa Bradley - Water Sensitive South Australia
- Joanne Woodbridge - Eastern Metropolitan Regional Council
- Ursula Kretzer - Department of Water (WA)
- Greg Finlayson - GHD
- Grace Tjandraatma - Melbourne Water
- Fiona Chandler - Alluvium
- Nick Morgan - Brisbane City Council
- Karen Campisano - Water Services Association of Australia
- Sadeq Zaman - Inner West Council
PSC teleconference meeting dates:
- 24th January, 2017.
- 17th March, 2017.
- 18th April, 2017.
- 6th June, 2017.
- 17th July, 2017 (Face to Face meeting in Perth)
- 5th September, 2017.
- 17th October, 2017.
- 5th December, 2017.