What price for water Triple Bottom Line Economics

What price for water? Triple Bottom Line Economics

Aims All: An introduction to the case study Most: All economic decisions impact in Economic, Social & Environmental ways Some: How to evaluate an economic decision from a Triple Bottom Line perspective

An introduction to the case study Individually read the case study Take notes about key points of information In pairs share your notes Break your notes into 3 areas Economic impacts Social impacts Environmental impacts

Triple Bottom Line Economics

Economic Measures Economic variables ought to be variables that deal with the bottom line and the flow of money. It could look at income or expenditures, taxes, business climate factors, employment, and business diversity factors.

Economic Measures Examples Personal income Cost of unemployment Job growth Corporate revenue contributing to Gross Domestic Product

Environmental Measures Environmental variables should represent measurements of natural resources and reflect potential influences to its viability. It could incorporate air and water quality, energy consumption, natural resources, solid and toxic waste, and land use/land cover.

Environmental Measures Examples Pollution Waste management Environmental damage Extinction rates

Social Measures Social variables refer to social dimensions of a community or region and could include measurements of education, equity and access to social resources, health and well-being, quality of life and social capital.