Environmental challenges can take a significant toll on human health and well-being. When considering new policies to tackle these challenges, it is essential to evaluate both the benefits and costs - monetising these when possible. For the past several decades, the OECD has supported policymakers in their design of regulations through structured analysis and cutting-edge data.
Cost-benefit analysis can act to weigh the benefits of policies that improve human health and the environment against the costs to society of such policies. The OECD helps policymakers stay at the forefront of developments to this approach by offering guidance on tools and methodologies.
The OECD also supports policymakers by providing guidance on methodologies and economic values associated with impacts on human health and the environment, such as improved health outcomes resulting from regulating chemicals or the value of reducing fatalities from pollution.
In addition, the OECD conducts research into the latest technologies and data that can support policy assessments and cost-benefit analysis. We also evaluate how OECD Member Countries can improve their analytical practices and approaches to deliver more scientific and consistent assessments of policy.
