Socio-economic impact assessment
Climate services can get your city prepare for the future but how do you measure their social and economic benefits and make informed policy recommendations based on available data? We can help
Demonstrating social and economic return of investments in climate services
Cities that intend to integrate climate services in their activities might want to show that the human and financial resources they invest can generate a return on investment on the short, middle and long-term period. That is why we offer a flexible and customised socio-economic impact assessment framework that can be adapted to match any climate service and analyse the benefits of climate services for the public, private organizations and citizens. This allows you to make more informed decisions and justifies your investment to the stakeholders.
T6’s modular methodology can be customised for different scenarios, independently from the specific field of application (health, urban planning, mobility, risk management, etc). Our approach can help you evaluate whether specific climate initiatives:
- improve public service effectiveness;
- lower health-related costs in several scenarios;
- reduce social inequalities;
- foster more sustainable and healthy habits in citizens;
- raise awareness among professionals and the general public of climate change-related issues;
- stimulate collaboration and knowledge-sharing among different stakeholders.
The T6 team has a long-standing experience in assessing the socio-economic impact of innovative processes. We know how to bridge the gap between research and application and can help you adapt timing and processes to the needs of your stakeholders.
We analyse benefits to support the design of future policies
Based on the socio-economic impact assessment, we offer to identify policy recommendations for a variety of stakeholders around climate change and associated topics, such as urban planning, sustainability, environmental policies, transportation. This includes the co-design of policies together with local stakeholders as well as a benchmarking of related policies in other cities and countries.