Editing IPCC:AR6/Glossary (section)

=== <span class="glossary-term">Cost–benefit analysis</span> ===

<div class="glossary-working-groups">'''Working Groups:''' WGII; WGIII</div>

<div class="glossary-definition">'''Definition:''' A type of economic evaluation that compares all monetised all monetised negative and positive impacts associated with a given action. Cost–benefit analysis enables comparison of different interventions, investments or strategies, and reveals how a given investment or policy effort pays off for a particular person, company or country, or at a global scale. Cost–benefit analyses representing society’s point of view are important for climate change decision-making, but there are difficulties in aggregating costs and benefits across different actors and across time scales.</div>
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