Coupling environmental and economic modelling to determine the best outcomes for the Great Barrier Reef

Reefonomics

Coupling economic and environmental modelling to guide investment and deliver the best water quality outcomes for the Great Barrier Reef

Reefonomics - Coupling economic and environmental modelling to guide investment and deliver the best water quality outcomes for the Great Barrier Reef

The project

Reefonomics

The client

The challenge

The Queensland and Federal government invest $30-$50Million per year in agricultural improvement projects to improve the water quality for the Great Barrier Reef. Where should we invest and what actions should we target to get the best water quality outcomes?

Our solution

Reefonomics is a web-based planning investment application that couples economic and environmental modelling to allow donor organisations to run alternative investment scenarios and determine the cost and likely water quality benefits of those scenarios.

Reefonomics adopts a recursive, pragmatised, marginal cost abatement curve approach to creating portfolios of investment projects which achieve the greatest water quality benefit for a given budget, or the minimum budget to meet water quality targets.

If you want to know more about Reefonomics or would like a demo, please contact us.

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