Reefonomics

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

Coupling environmental and economic modelling to determine the best 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.

Availability

Reefonomics is due for release in early 2020

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

Before you go...

Would you like us to keep you posted on the latest Truii developments and blog posts?
First Name
Email address
Secure and Spam free...

Keep in touch

Get an email when we post new stuff.
First Name
Email address