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Webinar: Economic Valuation Trainings and Project Consultations: Lessons Learned

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Wednesday, 25 May 2022, 12:00

Wednesday, May 25, 2022. 12:00 PM. Webinar: Economic Valuation Trainings and Project Consultations: Lessons Learned. Lauren Knapp, CSS Inc.; Kate Quigley, Office for Coastal Management. Sponsored by NOAA Central Library. More information here. Register here.

Abstract: There is an increasing need for state and local partners to conduct economic valuation analyses to capture the benefits of projects, programs and products and submit benefit cost analyses to access funding from federal agencies like the Federal Emergency Management Administration (FEMA). In many cases, partners conducting and commissioning benefit valuation studies and federal funding applicants are non-economists. The NOS Office for Coastal Management offers trainings and consultation to help community partners understand economic terminology, identify appropriate economic analyses based on project objectives and expertise, determine questions to ask an economic consultant, and do simple valuation analyses. In this presentation, we reflect on recent lessons learned, in an effort to continue to better help non-economists commission or conduct studies in the most effective way possible.

Bio(s): Dr. Knapp is an environmental economist trained in various methods from cost-benefit analysis to ecosystem services valuation and stated preference estimation. On contract to National Oceanic and Atmospheric Administration's (NOAA) Office for Coastal Management (OCM) since 2020, she helps on efforts to value marine economies, train local communities on how to use economics to inform their decision-making, capture benefit data for natural coastal infrastructure, comprehensively value U.S. coral reefs, and use economics to inform other related efforts.

Kate Quigley is a natural resource and environmental economist with the Office for Coastal Management in NOS. Areas of expertise are benefit cost analysis, policy analysis, and blue economy accounting.

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