Cost-benefit Analysis of Climate Adaptive Infrastructures of Local Government Initiative on Climate Change (LoGIC) Project.
২৮ এপ্রিল ২০২৪
Local Government Initiative on Climate Change (LoGIC) Project has done a cost-benefit analysis of investments made in climate resilient infrastructures. The finding of the analysis is encouraging because the benefit is more than the investment cost. For sustainability of the schemes funded by Performance-based Climate Resilience Grant (PBCRG), operation and management committees have been set up and beneficiaries are paying user fees.
This is even more important in the sense that the climate adaptive infrastructures that have been financed by LoGIC were planned with climate change adaptation/resilience goal. So, the findings of this cost-benefit analysis are not typical economic return, it has strong climate resilience return as well, which is very important for policy direction in seeking global climate finance.