Introduction to Environmental Cost-Benefit Analysis (FutureLearn)

Discover tools to reduce your company’s carbon footprint with Deakin University

Reducing your organisation’s carbon footprint can provide many benefits beyond helping the environment. You can save on operating costs, improve your reputation, and prepare for potential carbon regulations in the future.

However, it can be difficult to know where to start and how to make your carbon reduction decisions align with business goals.

Gain skills for strategic decision-making

You’ll start by exploring practical issues in environmental benefits and costs.

This will help you learn how to evaluate options through an environmental lens to make strategic yet sustainable decisions.

Understand cost-benefit analysis and environmental economics

To help you conduct a thorough environmental cost-benefit analysis, you’ll gain an understanding of environmental economic concepts such as property rights and market failures.

With this knowledge, you’ll stand out in your practical abilities to drive positive climate impact through data-driven decisions.

Learn the importance of ESG reporting

Finally, you’ll learn how to leverage Environmental, Social and Governance (ESG) frameworks to strengthen your organisation’s sustainability.

Guided by industry experts, you’ll develop career-advancing skills to become a sustainability leader in your organisation.

Syllabus

Week 1: Decision-making and the environment

Week 2: Property rights and the environment

What will you achieve?

By the end of the course, you‘ll be able to...

- Recognise basic concepts of economics

- Differentiate between different property rights structures.

- Identify different types of market failures

Who is the course for?

This course is designed for anyone interested in understanding the value of the environment to help you make more informed business decisions and reduce your organisation’s carbon footprint.