Social benefits
The Green Book, Central Government Guidance On Appraisal And Evaluation, Published by HM Treasury in 2018, suggests that: ‘Social Benefits are the total increase in the welfare of society from an economic action – the sum of the benefit to the agent performing the action plus the benefit accruing to society as a result of the action (external benefits).’
It suggests that social cost benefit analysis: '...quantifies in monetary terms all effects on UK social welfare. Costs to society are given a negative value and benefits to society a positive value. Costs to the public sector are counted as a social welfare cost.'
See also: Social cost.
[edit] Related articles on Designing Buildings Wiki
Featured articles and news
Air rights for developing above existing properties.
New national seismic hazard maps for the UK.
Six technologies guiding O&M into the future.
Homes carved from sandstone cliffs in England.
Traditional buildings health check
A review of the HES pilot project.
CIAT reports on cuts to LA conservation
Organisation alerts membership to findings of IHBC research.
CIOB announces CMYA and Rising Star winners
Four outstanding professionals recognised.
Sustainable flooring from super strong grass.
ICE reviews UK infrastructure strategy
Organisation presents reactions from industry leaders.
New infrastructure bank to be based in the North of England.
National infrastructure strategy
Fairer, faster, greener. A summary of the key points.
Strategies to help provide safer working conditions.
Protecting flora, fauna and the other natural features of Scotland.