INFFEWS Overview Dr Sayed Iftekhar Project Leader IRP

INFFEWS Overview Dr Sayed Iftekhar Project Leader, IRP 2, CRC WSC Department of Accounting, Finance and Economics, Griffith University https: //watersensitivecities. org. au/content/project-irp 2/

INFFEWS Investment Framework For Economics of Water-Sensitive Cities INFFEWS package: 1) 2) 3) 4) 5) 6) 7) 8) BCA & Strategic Decision Making BCA Tool Guidelines BCA Tool User Guide BCA Comparison Tool Rough BCA Tool Value Tool Guidelines Other Resources: training videos, case study reports, industry notes, user experience reports….

BCA Tool

BCA Tool Assumptions (Discount rate, rate of adoption, risk, etc. ) Benefits (Physical changes, impacted area / population, future change) Scenarios (With and Without Project) Stakeholders (share of costs and benefits) Activities (Physical input, current and future work) Monetized benefits (Market / Nonmarket) Overall BCR and NB (Efficiency) Analysis Stakeholder level BCR and NB (Equity) Costs (capex, opex) Sensitivity analysis (Robustness)

Value tool

Value tool q Focus on Australian studies q q Information from 191 studies have been included so far Total number of records: 2, 368 Record with monetized information: 2, 092 Record with non-monetized information: 276 Value functions: 10 Visualization of data q Information organized in an excel spreadsheet-based database q q

INFFEWS Adoption

Adoption of the tools The tools been independently reviewed by: ü ü ü Metropolitan Investment and Evaluation Group (MIEG), Vic NSW Treasury - NSW Public Sector Cost-Benefit Analysis Best Practice Group SA Treasury Melbourne Water Corporation (conducted by Marsden Jacobs & Associates) NSW Department of Planning, Industry and Environment (DPIE) Sydney Water (conducted by Aurecon Group)* * In process

Adoption of the tools They have been written into Guidelines: ü NSW Department of Planning, Industry and Environment (coastal management CBA guidelines) ü Blacktown City Council (tender submission guidelines) ü Hunter Valley (tender submission guidelines) ü City West Water (position description) They have been informally recommended, including: ü PEET suggested Marsden Jacobs for Brabham case study ü MIEG informally recommended for case studies conducted by Yarra Valley Water, City West Water, & South East Water ü DELWP is actively promoting for in-house economic analysis work.

Adoption of the tools The tools have been applied by: ü WSCI on Waterwise Queens Park Regional Open Space ü NSW Department of Planning Industry and Environment (DPIE) ü Brisbane City Council* ü Townsville City Council* ü Yarra Valley Water ü Water Corporation of WA ü ü WA Department of Water and Environment (DWER) BDO Econ. Search and Tonkin for the SA Department of Infrastructure and Transport ü Urbaqua for City of Mandurah ü Advanced Choice Economics for World Bank China ü Blacktown City Council ü Wave Consulting for Blacktown City Council* ü NCEconomics for Moreland City Council ü Water Sensitive SA for City of Marion ü E 2 Design for Moreland City Council ü Wave Consulting for Blacktown City Council* ü GHD for Hunter Valley * In process. With many more in the pipeline……

Shared with: • AECOM • Byron Bay Council • City of Port Philip • Department for Energy and Mining (SA) • Aither • CSIRO • City of Salisbury • Department of Defence (VIC) • Alluvium • Central Coast Council • City of Sydney • Allwater • Central Queensland University • City of West Torrens • Department of Environment and Science (QLD) • ARUP • Charles Stuart University • City West Water • Department of Industry and Skills (SA) • ASPECT Studios • City of Brimbank • Coliban Water • Aurecon Group • City of Canning • Cooks River Alliance • Department of Premier and Cabinet (NSW) • Australian National University • City of Canterbury Bankstown • Coolth Inc. • BDO Econ. Search • City of Gold Coast • Curtin University • BMT • City of Gosnells • DBCA (WA) • Baron Water • City of Greater Dandenong • DELWP (VIC) • Beca Group • City of Joondalup • DEWNR (SA) • Blacktown City Council • City of Mandurah • DNRME (QLD) • Bligh Tanner • City of Melbourne • DPIE (NSW) • Brisbane City Council • City of Melville • DWER (WA) • Building Queensland • City of Nedlands • Department of Communities (WA) • City of Perth • Department of Transport (NSW) • Design. Flow • Development. WA • Dja Wurrung Enterprises • E 2 Designlab • EMRC • Economic Development Queensland • Edge Environment • Encader Consulting • Fairfield City Council

Shared with: • Sydney Water • Lendlease WA • Queensland Rural and Industry Development Authority • Griffith University • Logan City Council • Queensland Urban Utilities • Townsville City Council • HIP V. HYPE • Marsden Jacob Associates • Queensland Water • Urbaqua • Hornsby council • Melbourne Water • Queensland Water Directorate • Unity Water • Hunter Water • Melton City Council • Rhelm • University of Adelaide • Hydrology and Risk Consulting • Monash University • Rivelin Bridge • University of Melbourne • Infrastructure Australia • Moonee Valley City Council • Rockhampton Regional Council • RMCG • Murdoch University • GHD • Ku-ring-gai Council • Greater Sydney Commission • International Water Centre Inner West City Council • Synergies • University of Queensland • University of SA • NSW Treasury • SA Treasury • University of Technology Sydney • Inside Infrastructure • Natural Capital Economics • SA Water • University of Western Australia • IPART • Natural Decisions • SEQ Water • Wave Consulting • Jacobs • OCULUS • South East Water • Water Corporation • KBR • Office of Environment and Heritage (NSW) • Stantec • Water Planning Services • Stockland • Water Sensitive SA • Opta. MAX • Strategic Planning Institute • Water Technology • Parks and Leisure Australia • Sun Water • Western Water • Sustain SA • WSAA • Sustainable Living Products • Yarra Valley Water • Knox City Council

INFFEWS Investment Framework For Economics of Water-Sensitive Cities For training and support services in INFFEWS, CRCWSC recommends engaging: Advanced Choice Economics GHD Contact: Dr Elizabeth Petersen (Liz), Director & Principal Applied Economist Phone: +61 (0)8 9332 8310 or +61 (0)404 077 194 Email: Liz. Petersen@tpg. com. au Contact: Ryan Brotchie, GHD Associate, Integrated Water Management Phone: +61 (0)3 8687 8827 or +61 (0)439 637 520 Email: ryan. brotchie@ghd. com Natural Decisions E 2 Designlab Contact: Dr Anna Roberts, Director Phone: 61 (0)437 887 485 Email: anna. roberts@naturaldecisions. com. au NCEconomics Contact: Buyani Thomy, Environmental and Resource Economist Phone: +61 (0)401 625 281 Email: buyani. thomy@nceconomics. com Contact: Celeste Morgan Senior Associate Sustainability Strategist Phone: +61 (0)3 9654 7274 or +61 (0)428 499 577 Email: celeste@e 2 designlab. com. au Water Technology Contact: Michael Di Matteo, Environmental Engineer Phone: +61 (0)8 8378 8000 or +61 (0)403 974 113 Email: michael. dimatteo@watertech. com. au

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