We are proud to have supported the development of the Water Conservation Cost-Benefit Analysis Guidelines, which were released on 17 December 2024, by the NSW Department of Climate Change, Energy, the Environment and Water (DCCEEW).
It’s a great initiative that continues DCCEEW's work ensuring water utilities have the necessary capabilities and processes to evaluate the broad range of economic, social and environmental impacts of water conservation measures.
Water conservation is a key element in balancing water system supply and demand to meet community water security needs across NSW, and beyond.
However, the value of water conservation varies over time and location. It is dependent on hydrological conditions, current and future infrastructure systems, and other economic, social, and environmental factors.
Identifying where and when it provides value to the community, the impactors and beneficiaries of these measures, and potential sources of funding, requires sound evidence and an adaptive analytical framework.
Our team developed the cost-benefit analysis framework, and input assumptions, used in the Guidelines.
Please reach out our Economists Alexandra Humphrey Cifuentes, Alexus van der Weyden and Macy Diett if you would like further information.
