What is Cost Benefit Analysis?
Cost-Benefit Analysis (CBA) is a methodological approach that evaluates the economic efficiency and sustainability of projects, policies, or actions by comparing their expected costs and benefits over a specified time horizon, taking into account environmental, social, and economic considerations.
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Our Expert
Vishal Fiske
Advisor - Sustainability, Infrastructure and Transformation
For our new workshop, we have this time Mr. Vishal Fiske, Advisor – Sustainability, Infrastructure, and Transformation, who will be taking us through this knowledge-packed journey.
With 18+ years of experience spanning diverse companies such as KPMG, McKinsey & Co., and Shapoorji Pallonji International FZE Dubai, Mr. Vishal Fiske is a subject matter expert in cost-benefit analysis and has been driving sustainable and transformative solutions through his advisory services for diverse client sets. He is also and certified ISO auditor for Carbon Footprint/GHG accounting & reporting.
Workshop Outline
Introduction to Environmental Cost-Benefit Analysis
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Overview of environmental economics
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Introduction to cost-benefit analysis and its steps
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The role of CBA in environmental decision-making
Case Studies and Applications
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Application of CBA in real-world environmental projects
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Case studies from different sectors (energy, water, transportation, etc.)
Ethical Considerations and Critiques
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Ethical issues in environmental decision-making
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Critiques of CBA: Distributional concerns, non-market values, and sustainability
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Alternatives to traditional CBA approaches
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What are we providing you?
Acquire a foundational understanding of concepts in environmental economics
Understand the significance and areas of applications of CBA
Develop an analytical approach to conduct a cost-benefit analysis for a given project using a live case study
Learn about alternate practices in addition to CBA which are relevant in the industry
Are you wondering if this is meant for you?
As per IEA's report - World Energy Investment 2023, the net investments in clean energy have been to the tune of $1750 billion in 2023 alone with investments growing at the CAGR of 9.1% in the past 5 years. Given the stakes are huge, a cost-benefit analysis not only gives a feasibility check against investments but instills confidence in promoting a greener world for the future.
The workshop emphasizes practical approaches, industry commitments, and real-world case studies to equip participants with the knowledge and skills needed for decision-making behind sustainability projects/policies that demand huge investments.
*IEA (2023), World Energy Investment 2023, IEA, Paris https://www.iea.org/reports/world-energy-investment-2023, Licence: CC BY 4.0
Frequently Asked Questions
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Is this course for me?This course is designed with the following objectives: Students/budding candidates entering the workforce Mid/senior-level professional with an intent to upskill A Non-ESG field employee looking for a career switch Independent consultants looking to upgrade their knowledge Practicing CAs entering the sustainability domain Finance, tech & legal professionals exploring sustainability So if you deal with clients (or want to freelance for clients) OR If you want to start/switch to a career in this field, this course is definitely for YOU!
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What you will learn in BRSR Bootcamp?Ability to communicate the essence of BRSR and its significance to relevant stakeholders/clients Clearer understanding of the BRSR disclosures under each Section Application of the NGRBC principles while gathering data for BRSR Application of Best practices (Do's and Don'ts) Ability to advise your stakeholders/clients with forward-looking guidance on BRSR evolution
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Are there discounts available?You can avail a 10% Early Bird Discount ( Use Code - S101 ) by registering before 13th of April. Besides that, If you are a team of 3 or more people you can avail a 15% discount. Please contact us at sustainability101community@gmail.com for further details. If you are an Alumni or have reference of a Sustainability 101 Alumni, please write to us at sustainability101community@gmail.com to learn more about discounts available to you.
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What are the perks of the BRSR Bootcamp?Highly interactive sessions led by industry experts Frequent Tests and Quizzes to gauge your understanding Case studies, real-life examples and assignments for practical experience Access to a repository of tools and resources to understand, practice and apply your skills Build connections with experts, professionals and peers Access to the lecture recording after the Bootcamp ends Become part of a dynamic community that explores solutions and takes action. Certificate and Acknowledgement from Sustainability 101 on successful completion of the Bootcamp
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How will the Bootcamp be conducted?All the sessions and activities will be conducted online. You will use online platforms like Zoom, WhatsApp and Slack to attend lectures, engage with your peers, educators and organizers, and complete your assignments. The participants are hence requested to have a stable internet connection and a device (Tablet, Laptop) for participating in the program. All the necessary course details, links and resources required for the duration of the Bootcamp will be shared with you on your email id and respective WhatsApp ground.
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How will we communicate after registration?Once you have registered, you will receive an email confirming your registration. Soon we will share a virtual 'Welcome Kit' with you. This Welcome Kit will have all the details and necessary links you will need during the Bootcamp. Besides this, you will receive notifications and reminders for the Zoom event on your email id. We will also use Slack Channel and WhatsApp group to communicate, network and share the details of the session, latest updates in the BRSR and ESG domain, and any other relevant information that would help you stay updated with this dynamic field. Please ensure you regularly check the "Promotional Tab" on your Gmail for any correspondence that you might have missed from Sustainability 101. To avoid missing any future emails, please move the email you receive from Sustainability 101 to the "Inbox".