Ontario Agriculture

The network for agriculture in Ontario, Canada

The CFFO Commentary: Evaluating the Value of Dollars spent on Environmental Projects

By Nathan Stevens
June 24, 2011
In a world of limited financial resources, choosing the best environmental projects and the targets to be met can be difficult for policy makers. Recently, Dr. Anna Roberts from the Department of Primary Industries in Victoria, Australia, shared an approach to establishing and evaluating environmental improvement goals.
The approach is known as INFFER, which is short for Investment Framework for Environmental Resources. The key point of the process is to establish hard targets that have explicit costs and consequences included in the proposal. Furthermore, it contains a solid set of guidelines on which policy tool to use – from incentives, to outreach, to regulation, to times when no action is required or sensible. The key is to pick which targets have the highest benefits for the costs involved.
There are two examples that Roberts shared with the group of participants. The first was an application of INFFER to a small-scale wetland restoration project. In this instance, INFFER was able to target a small region and establish a plan that will see a cost-effective project come to fruition with the landholders fairly compensated for lost productive land.
The second example was to take an established policy goal and use INFFER to determine how costly the project would be to hit the desired target, as well as present other scenarios that would meet other targets. By way of example, Gippsland Lake is an important environmental area in Australia that is facing serious phosphorus problems. In 2002, the Australian government mandated that there would be a 40 per cent reduction in phosphorous over 20 years. The INFFER model has been applied to this scenario and it came up with the following:
·         A 40 per cent reduction would cost $994 million dollars and require full adoption of best management practices, stringent enforcement of effluent regulations and the retirement of roughly 2,500 hectares of dairy land.
·         However, a more modest goal of a 20 per cent reduction in phosphorous would cost just $80 million over 20 years through best management practices, enforcement of the effluent regulations and no land taken out of production.
INFFER is far from the only method of establishing and prioritizing which environmental goals to pursue. However, it does focus on the key point of using limited environmental budgets in the most effective way possible. This is a lesson that could serve Ontario well in its future decisions for maximizing its ability to make environmental improvements.
Nathan Stevens is the Research and Policy Advisor for the Christian Farmers Federation of Ontario. The CFFO Commentary represents the opinions of the writer and does not necessarily represent CFFO policy. The CFFO Commentary is heard weekly on CFCO Chatham, CKNX Wingham, and UCB Canada radio stations in Chatham, Belleville, Bancroft, Brockville and Kingston. It is also archived on the CFFO website: www.christianfarmers.org. CFFO is supported by 4,200 family farmers across Ontario.

Views: 9


You need to be a member of Ontario Agriculture to add comments!

Join Ontario Agriculture

Agriculture Headlines from Farms.com Canada East News - click on title for full story

AgScape Celebrates One Million Educational Experiences at 2024 Annual General Meeting

AgScape, a leader in agriculture and food education for students and educators across Ontario, proudly hosted its Annual General Meeting (AGM) on May 1, 2024 and celebrated the incredible milestone achievement of providing over one million educational experiences to Ontario students.

CCA Welcomes Critical Changes to Livestock Tax Deferral Provisions and Early List of Regions for 2024

The Canadian Cattle Association (CCA) is pleased to see the federal government’s announcement today announcing changes to the Livestock Tax Deferral (LTD) following the indication in Budget 2024. Changes include adding a buffer zone to LTD designated regions to ensure impacted producers will be eligible and a commitment to early designation and more frequent updates to the regions throughout the season.  

CCA encouraged by introduction of Maritime Livestock Price Insurance Pilot

The Canadian Cattle Association (CCA) is pleased to see the Livestock Price Insurance (LPI) Pilot officially launched in several Maritime provinces.

Ontario Opens Nominations for 2024 Excellence in Agriculture Awards

The Ontario government is opening nominations for the 2024 Excellence in Agriculture Awards, which recognize the outstanding efforts driving the agriculture and food industry forward. These awards celebrate farmers, processors, industry organizations, people and businesses who demonstrate excellence in their field and are paving the way towards a more sustainable and profitable industry.

DFO and Toronto Raptors host Day to Shine youth event at Woolner Park

As we continue to support our communities, Dairy Farmers of Ontario (DFO) and the Toronto Raptors, hosted the Day to Shine, an all-day event for the youth in the community at Woolner Park in west Toronto. The day included a milk and cereal

© 2024   Created by Darren Marsland.   Powered by

Badges  |  Report an Issue  |  Terms of Service