EconSearch Completed Project

Project: Economic Analysis of Flows for the Future Project (2016)

Client: Natural Resources SA Murray-Darling Basin, Department of Environment, Water and Natural Resources (DEWNR)

Summary: DEWNR engaged EconSearch to provide an economic analysis of restoring low flows in two prescribed water resource areas, namely the Eastern Mt Lofty Ranges and the Marne Saunders. The economic analysis will support a business case for the Flows for the Future Project. Four Flows for the Future Project scenarios were analysed using cost benefit analysis. Changes in environmental condition were included in the analysis by using benefit transfer. The economic impact of the Flows for the Future project scenarios on the regional economy was also undertaken.