Durrant, Daniel; (2020) International Transport Forum (ITF) Round Table on Broadening the Scope of Transport Appraisal to Capture the Full Impact of Investments, Organisation for Economic Co-operation and Development (OECD), Paris 29th September–1st October 2021. Journal of Mega Infrastructure & Sustainable Development , 2 (3) pp. 317-322. 10.1080/24724718.2021.2014643.

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Abstract

Held over three days, 47 participants from 14 ITF member countries attended this virtual Round Table, whose aim was to reflect upon recent trends in transport appraisal. With Cost Benefit Analysis (CBA) and its limitations a key theme there was debate over whether it is a tool that is so compromised by distortions that it is no longer suitable or is a useful ‘workhorse’ that will always form the core of transport appraisal. A debate that will undoubtedly continue to run. Discussions covered a range of other topics, clustered around three key aspects of this debate: the role of equity and equity of access to the benefits of transport for different places and groups in society, the value of ex-post analysis and the role of stakeholders. This report represents one perspective on the event and its relation to key issues in mega infrastructure planning. An overall report will be available on the ITF website (see references). Attendance was a good mix of academics and practitioners, also reflected in the presentations. Although the balance was slightly towards the former, many of the speakers either crossed over into practice or brought considerable practical experience. The event was held under Chatham House rules, so the only points attributed to speakers are those reflecting their presentations.

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