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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