Event: Training on Planning and Design of Smart Linear Infrastructure for Biodiversity Protection Economics of Transportation Infrastructure: Balancing Needs of Biodiversity Conservation and Costs 27 April 2022 Author / Speaker Kim Bonine View File Economic analysis tools are important instruments that support decision making for infrastructure development including rural roads. The use of these tools such as economic valuation, cost-benefit analysis and multi-criteria analysis help identify potential impacts and their costs, which could be measured through economic, social and environmental costs. Case studies in Myanmar, Uganda, and Amazon provide real life examples—where it is clearly demonstrated that environmental and social costs should be incorporated from the beginning of the planning process to help prioritize road infrastructure investments. More importantly, road projects that generate more costs than benefits for society should be avoided; indeed, investing in avoidance can be less expensive than investing in mitigation. Disclaimer The views expressed on this website are those of the authors and do not necessarily reflect the views and policies of the Asian Development Bank (ADB) or its Board of Governors or the governments they represent. ADB does not guarantee the accuracy of the data included in this publication and accepts no responsibility for any consequence of their use. By making any designation of or reference to a particular territory or geographic area, or by using the term “country” in this document, ADB does not intend to make any judgments as to the legal or other status of any territory or area. Download Topics Agriculture and Natural Resources Capacity Development Environment Evaluation Transport