Cost-Benefit Analysis in Waste Management

Cost-Benefit Analysis (CBA) in waste management is a method used to evaluate the financial implications of waste management projects. It involves comparing the total costs (like collection, disposal, and recycling) to the benefits (such as reduced pollution, conservation of resources, and improved public health). By systematically assessing these factors, decision-makers can determine whether a waste management strategy, such as recycling programs or composting, is economically viable and beneficial for the community. The goal is to ensure that the investment in waste management results in greater overall benefits than the costs incurred.