Answer-Criterion in environmental project evaluation

Q: Answer-Criterion in environmental project evaluation

In environmental project evaluation, Cost-Benefit Analysis CBA incorporating both tangible and intangible environmental benefits and costs, often monetized through valuation techniques, is a key criterion. This approach attempts to quantify the full range of impacts, including those not typically reflected in market prices.

Question

Criterion in environmental project evaluation

A Net Present Value (NPV) based solely on market prices of goods and services.

B Internal Rate of Return (IRR) focusing only on direct financial returns to the implementing agency.

C Cost-Benefit Analysis (CBA) incorporating both tangible and intangible environmental benefits and costs, often monetized through valuation techniques.

D Payback period, prioritizing the shortest time to recoup initial project expenditures from direct revenue.

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