Economics and Future Scenarios

Introduction

Understanding of bushfire impact on human communities, the environment and the economy is limited and, in some cases, anecdotal at best .

Understanding of this under future alternate scenarios of climate/global change are largely lacking because the scenario and economic modelling have been undertaken independently.

Thus policy and decision-making is not fully informed.

The challenge is to do rigorous work in a new area, involving a synthesis of scenarios and economics, that will contribute enhanced solutions to fire, which is a multi-stakeholder, multi-scale, multi-variable problem.

Expected outcomes

  • Better insight into a range of alternate future fire scenarios
  • Insights into key examples of likely economic consequences
  • Facilitation of significantly improved decision making/policy among a range of stakeholders and within specific ‘industries’ (e.g. insurance, water)
  • Enhanced mutual understanding between fire modelling groups, and between science, economics and policy communities
  • Peer-reviewed, published science on the interaction between fire scenarios and economic consequences

Project Leader

Dr Geoff Cary
Stakeholder Council and Project Leader

Lead End User

Lead End User

Projects in this group

This research uses evidence-based knowledge to find the economic costs and benefits of bushfires. It also provides a basis for better understanding between fire modeling groups, science, economics and policy groups.

Questions

  • What are appropriate economic methods for...

Understanding how future bushfires impact upon human communities, the environment and the economy is a necessity. This understanding will improve government policy and inform decision making within stakeholders and selected industries, such as insurance companies and water providers.

Questions...

Project Leader:
Lead End User: