Concepts, methods and applied transition knowledge
The New Economy knowledge base brings together core concepts, methods and perspectives from the regenerative economy. Articles explain footprint, compliance, circular product design, regenerative strategy, food systems and regional policy in practical terms, with clear links to life-cycle assessment (LCA), social cost-benefit analysis (MKBA), CO2 footprint, carbon sequestration, biobased materials and circular business models.
SCBA social cost-benefit analysis
An SCBA weighs social costs and benefits against each other, including effects without a direct market price, such as health, CO₂, time, biodiversity, social cohesion or avoided damage.
A social cost-benefit analysis is a decision-making method that places public and private effects in a single assessment framework.
Applied in practice
New Economy carries out SCBAs for regions, municipalities and companies (the SCBA Regions and SCBA Companies services), including for food initiatives, neighbourhood kitchens and area development. Effects without a market price are valued using a shadow price, supplemented where relevant with QALYs for health gains.
Related terms
All terms, searchable
Search the register or browse by letter. Each article opens with the definition, followed by how it works, why it matters and how New Economy applies it, with related terms and source projects.