Addressing the financial feasibility struggles of adaptation projects: appreciating the significance of secondary benefits

Research output: Contribution to conferencePaperProfessional

Abstract

Many adaptation projects struggle with financial feasibility in the current financial system and
consequently face a decreased implementation probability. One means of addressing this
challenge is the accurate valuation of secondary benefits, for example (social) marketing
potential, employment and knowledge development. Based on personal experience with real
cases in The Netherlands, the authors of this paper have identified the (social) marketing
potential of ‘sustainable development (SD) icon projects’ (highly visible SD
features/characteristics) as a significant driver of stakeholder value. However, utilization of this
driver of stakeholder value demands accurate valuation and subsequent integration into the
financial feasibility evaluation of adaptation projects.
LanguageEnglish
Publication statusPublished - Jun 2018

Keywords

  • water
  • climate
  • climateadaption
  • drainage systems

Cite this

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title = "Addressing the financial feasibility struggles of adaptation projects: appreciating the significance of secondary benefits",
abstract = "Many adaptation projects struggle with financial feasibility in the current financial system andconsequently face a decreased implementation probability. One means of addressing thischallenge is the accurate valuation of secondary benefits, for example (social) marketingpotential, employment and knowledge development. Based on personal experience with realcases in The Netherlands, the authors of this paper have identified the (social) marketingpotential of ‘sustainable development (SD) icon projects’ (highly visible SDfeatures/characteristics) as a significant driver of stakeholder value. However, utilization of thisdriver of stakeholder value demands accurate valuation and subsequent integration into thefinancial feasibility evaluation of adaptation projects.",
keywords = "water, climate, climateadaption, drainage systems, watermanagement, financiering",
author = "Michael Bosscher and Floris Boogaard",
year = "2018",
month = "6",
language = "English",

}

TY - CONF

T1 - Addressing the financial feasibility struggles of adaptation projects

T2 - appreciating the significance of secondary benefits

AU - Bosscher, Michael

AU - Boogaard, Floris

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N2 - Many adaptation projects struggle with financial feasibility in the current financial system andconsequently face a decreased implementation probability. One means of addressing thischallenge is the accurate valuation of secondary benefits, for example (social) marketingpotential, employment and knowledge development. Based on personal experience with realcases in The Netherlands, the authors of this paper have identified the (social) marketingpotential of ‘sustainable development (SD) icon projects’ (highly visible SDfeatures/characteristics) as a significant driver of stakeholder value. However, utilization of thisdriver of stakeholder value demands accurate valuation and subsequent integration into thefinancial feasibility evaluation of adaptation projects.

AB - Many adaptation projects struggle with financial feasibility in the current financial system andconsequently face a decreased implementation probability. One means of addressing thischallenge is the accurate valuation of secondary benefits, for example (social) marketingpotential, employment and knowledge development. Based on personal experience with realcases in The Netherlands, the authors of this paper have identified the (social) marketingpotential of ‘sustainable development (SD) icon projects’ (highly visible SDfeatures/characteristics) as a significant driver of stakeholder value. However, utilization of thisdriver of stakeholder value demands accurate valuation and subsequent integration into thefinancial feasibility evaluation of adaptation projects.

KW - water

KW - climate

KW - climateadaption

KW - drainage systems

KW - watermanagement

KW - financiering

M3 - Paper

ER -