Coastal Economics

With the ongoing stress to beaches and coastal areas from different sources such as the competing demand for natural resources, coastal erosion, sea-level rise and other impacts of climate change, economic methods can help coastal managers make well-informed use decisions. Balmoral Group Australia (BGA) has developed a new tool called COAST™ (Coastal Options Assessment and Simulation Tool) to assist coastal councils with their Coastal Management Programs (CMPs). BGA expertise in Cost-Benefit Analysis, Hedonic modelling, and socioeconomic analysis give tremendous leverage in providing case studies of a real-life situation.