A form of economic analysis in which costs and benefits are
converted into monetary values for comparison
The concept of 'cost-benefit analysis' (CBA) has been used
in French regulations since 1977. It is implicitly mentioned
when the risk management policy recommends the use of the
best available techniques at the best economically acceptable
cost. The 2007 adaptations of the French contaminated land
management approach and, in particular, the introduction
of the Management Plan procedure, clearly emphasize CBA.
The objective of CBA is to reach the best level of environment
protection for humans and the environment at a reasonable
cost, while avoiding the unnecessarily disproportionate
use of resources in comparison with the interests to be protected.
Policy and regulatory information
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