What does CBA stand for
Cost benefit analysis
What does a CBA provide
Provides an economic assessment of whether a coastal defence is financially justified
What does a CBA compare
A CBA compares the cost of construction and long term maintenance with the wpvalue of the assets protects, such as homes, farmland and transport routes
Where is the role of CBAs especially important
Especially important where funding is limited
What does CBAs prioritise
Helps prioritise which stretches of coastline recurve protection and which may be spdesignated to No Active Intervention
Limitations of a CBA
It can undervalue environmental benefits such as biodiversity or recreational use which are difficult to express in money terms and may result in unequal outcome from more wealthy areas being more protected