Economics

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 bushfire costs and benefits across a range of values?
  • What are key examples of economic costs and benefits (from whose point of view) associated with major bushfire events in Australia?
  • What are key examples of the preliminary projected economic costs and benefits associated with future bushfires in Australia, based on future scenarios developed by this project?

Related news

The change in the way that bushfires are managed has been strengthened by the extensive and concerted efforts of the Bushfire CRC.
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The Paying the Price online forum, part of the Research to Drive Change series, is now available for replay.
Photo: CFS Promotions Unit
This Fire Note discusses the findings of research that has investigated future scenarios for Australian bushfires and explored the role of economic evaluation in informing bushfire management and policy decisions into the future.
Register for Paying the Price online forum now
Join leading researchers and industry representatives in interactive discussion for the Paying the Price online forum on Tuesday 17 June at 12:30pm, part of our Research To Drive Change series.
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The ability to rationalise decisions economically, and to understand how future bushfires will affect communities, the environment and the economy are necessities in fire and land management.
The panel sessions were a popular addition to the forum program
More than 75 researchers, end users, PhD students, land managers and industry representatives attended the seventh Bushfire CRC Research Advisory Forum on 23-24 October, held at the NSW Rural Fire Service headquarters in Sydney.