APPRAISING THE SUSTAINABILITY OF INFRASTRUCTURE PROJECTS – DISCUSSION PAPER 3/2016 PUBLISHED
The introduction of multidimensional perspectives of sustainability in the appraisal of infrastructure projects is still an unresolved task. The problems are further compounded by the absence of a systematic, formally and commonly accepted method for the proper ex-ante sustainability appraisal of infrastructure projects. Furthermore, decision-making processes have put more emphasis on economic issues and might be politically biased.
Authored by Prof. José Manuel Vassallo and Ms Paola Bueno of the Technical University of Madrid, this STA Discussion Paper proposes a practical and novel approach to accurately appraise the sustainability of infrastructure projects, as it specifically integrates methodologies using the single-criterion and multiple-criteria approach in order to address all aspects of sustainability.
The Paper is available for download here.