The pandemic has highlighted some important price/value mismatches and I’d like to explain how what we, at Autocase, do and how it fits into the post-pandemic world.
All governments, infrastructure planners, designers and decision makers need to adopt a triple bottom line cost benefit analysis approach for building and infrastructure decisions to ensure that users, the environment and all stakeholders are best served by a post-pandemic stimulus package.
As we re-build the economy, we need to make sure that what we build reflects our values and that “public values help shape private value”. We need Triple Bottom Line Costs Benefit Analysis (TBL-CBA) to measure value and set priorities.
It has been noted that despite the pandemic, the natural world doesn’t care and perhaps even doing better since the economy has been shuttered. As we re-build we need to remember that the economy serves us, economic growth is not an end in and of itself.
It is becoming increasingly clear that people want a different “normal” after the pandemic. As governments spend, we hope we take the opportunity to think, debate, review, and plan for a smart recovery to a better quality of life. Autocase’s post-pandemic call to arms – Part 1
The Canada Infrastructure Bank should give us projects for the people and the planet as well as profit.
As we rush towards possibly environmentally damaging projects or other get-someone-rich-quick schemes we need to make sure we are doing so with our eyes wide open. Cost Benefit Analysis reduces all dimensions of a decision – people, planet, profits – to one: net welfare. Are we, as a group, better off? This well-established and standardized approach needs to be used much more to guide us in our project and policy decisions. CBA values society’s best interests, the public interest.
Two big trends will dominate the future for architects, engineers, and planners.
TBL-CBA can shine a light into who benefits and who doesn’t. While its probably too much to ask the Vogons to use it, it is not over the top to ask our governments to.
Where is the best place for a rain garden? If water quality or urban heat island is my primary concern which green infrastructure feature should I use?
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