Abstract
Cost benefit analysis, based on economic efficiency, has been frequently used in order to evaluate an economic feasibility of development projects, and environmental impacts assessment has been recently introduced for project evaluation with it. In addition, contribution to regional development, for which many methods are developed, is also an important aspect for project evaluation. However global environmental impacts are not considered in the above methodologies. In order to deal with them in the project evaluation procedure, a new model, using satellite remote sensing data, that represents the relationship between economic feasibility and global environmental impacts is proposed. And then its effectiveness is examined through its applications to some actual projects.
