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Natural Resource Economics

Sunday, 27 June 2010 14:05 administrator
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Natural Resource Economics

Natural resource economics is a relatively new work area in the Division, arising in response to Members' demand for information to improve policy planning and convince donors of the value of supporting new initiatives. Accordingly, economic analysis is becoming increasingly critical to underpin project design and delivery, develop grant proposals and achieve advocacy. The work of the natural resource economics staff thus includes input to natural resource policy development and the economic analysis of actions through cost benefit analyses and resource use, especially mineral resource assessments. The outputs are used to underpin advocacy, awareness and effective policy development.

Last Updated on Thursday, 27 January 2011 09:32  


Newsflash

In May 2006 a magnitude 7.9 earthquake caused the western coastline of Tonga’s Lifuka Island to subside by 23cm.  After this unique event Lifuka was chosen as part of a regional effort to understand how vulnerable Pacific Island communities can adapt to the impacts of rising sea levels.

The Australian-funded Pacific Adaptation Strategy Assistance Program enabled scientists to work closely with the Lifuka community to determine three main adaptation options: planned migration inland; sand replenishment and; the construction of an engineered revetment or seawall.

This film, which follows on from the first documentary ‘Rising Oceans: Changing Lives’, examines Lifuka’s struggle to make the tough choices needed to adapt to the changing coastline of a future Pacific.

WATCH NOW | DOWNLOAD (86Mb)