This technical paper argues that Monte Carlo risk analysis offers a more comprehensive and informative way to look at project risk ex-ante than the traditional (and often arbitrary), one-influence-at-atime sensitivity analysis approach customarily used in IDB analyses of economic feasibility....

La estrategia de medio ambiente (GN-2208-4) es un instrumento rector cuyo objetivo fundamental es lograr mayor eficacia en el respaldo que el Banco brinda a los países prestatarios de América Latina y el Caribe para que éstos alcancen sus metas de desarrollo sustentable. Establece principios...

Este informe anual sobre el medio ambiente y los recursos naturales examina las acciones del Banco durante 1999. Durante dicho año, las actividades ambientales y de recursos naturales del Banco se concentraron en tres áreas de acción prioritaria: 1) la identificación y puesta en marcha de...

This study is a first attempt to develop a new orientation on environmental management in the Latin America and Caribbean. The development towards a more strategic environmental management entails an evolution from a centralized management structure into a more decentralized system in which...

The Program for the Sustainable Development of Darién Province in Panama is a $70 million operation approved in 1998 and a major component of the program involves the resurfacing of the Pan American highway, which runs roughly north south through the province to a point about 70 kilometers from...

This study is a first attempt to develop a new orientation on environmental management in the Latin America and Caribbean. The development towards a more strategic environmental management entails an evolution from a centralized management structure into a more decentralized system in which...

In this note, the authors detail the mechanics of the nonparametric mean and variance calculations of finding willingness to pay (WTP) estimates. There are (at least) three nonparametric estimators of mean WTP that can be obtained from referendum CV survey data. The logic behind all three...

This working paper develops upon the idea that economic analysis has a definite role to play in informing decision makers about the desirability of going ahead with an investment project designed to improve environmental quality and also that the role of precision in this matter is not trivial....

En el presente documento se analiza la vinculación entre los derechos de propiedad y la deforestación en América Latina. Según ese análisis, hay dos esferas separadas en que las cuestiones relacionadas con la tenencia inciden sobre el interés en el desmonte, a saber, la seguridad de los...

This technical paper argues that Monte Carlo risk analysis offers a more comprehensive and informative way to look at project risk ex-ante than the traditional (and often arbitrary), one-influence-at-atime sensitivity analysis approach customarily used in IDB analyses of economic feasibility....