Summary overview of IRP2 - Comprehensive Economic Evaluation Framework (2017 - 2019)


CRC for Water Sensitive Cities (CRCWSC) is undertaking research into the economics of supporting a water sensitive city under the Integrated Research Project 2 (IRP2). 

CRCWSC research generated in tranche 1 (Project A1.1Project A1.2 and Project A1.3)  has significantly contributed to an improved understanding of the economic value of investing in water sensitive systems and practices, and produced resources to provide decision makers with the knowledge required to make more informed decisions.  Tranche 2, through IRP2, is building on this legacy by developing and applying an economic evaluation framework to identify and quantify economic, environmental and community values of investments in water sensitive practices. 

In this presentation, Dr Sayed Iftekhar, Project Leader for IRP2, provides a summary overview of IRP2 and two completed studies; Local Stormwater Management, and; Buffer Zone Management. 

Through the use of tools currently being developed under IRP2, Dr Iftekhar demonstrates how this research can be applied to support business case development for decision making around investment in water sensitive designs and practices.