Projects

Cost-benefit analysis is one of the tools commonly used in policy-making: it provides a clear framework for the comparison of the costs and benefits of action (or no-action). Although in some cases a qualitative analysis is sufficient to produce adequate information for a robust conclusion, quantification does bring an added value to the decision making process. 

The costs of an action are usually expressed in monetary values; on the other side, benefits quite often do not have a market value and thus other information is required to attempt monetary valuation through, for example, a benefit transfer. 

Furthermore, when assessing policy initiatives in the chemicals domain, lack of information and uncertainty need to be dealt with at different levels:

  • Mechanisms of action of chemicals on human health and the environment;
  • Routes and levels of exposure, together with the population exposed;
  • Decrease in the levels of exposure obtained by a policy action.

The overall aim of this project is to define a set of indicators for the assessment and monitoring of the human health and environmental benefits delivered by the European legislative framework for chemicals.

Related Services

Related Sectors

Latest News

Consultation on Perfluorohexane sulfonic acid (PFHxS) and PFHxS-related substances RPA are conducting, alongside Arche Consulting, a study to collect information on PFHxS for the Norwegian Environment Agency.
Meg Postle presents on "The Economic Benefits of the Use of Manganese Slags" at the IMnI (International Manganese Institute) 2018 Conference Our founding director, Meg Postle, was a speaker at the 2018 Annual conference of the International Manganese Institute (IMnI).