This is important especially given the source. “This guidance represents OMB’s recommended best practices for ecosystem services analyses in agency benefit-cost analyses.… When regulations alter ecosystem services, these changes can and should be assessed within the same analysis as other costs and benefits, using the same steps.” A great precedent for all governments to consider.
YESSS!! It’s a great day-and a great future-for nature and for us!! New US federal guidance on the environment in benefit cost analysis is final! Huge congratulations and thanks to White House OMB and OSTP for making this happen! https://lnkd.in/gC--vXce
Chair, National Standards of Care for Childhood-onset Heart Disease University of Sydney Heart Centre for Children, Sydney Children’s Hospitals Network
9moHoping the framework will survive intact independent of the election this year