Thanks, Milan. I think the economics are such that the return does not necessarily go to the person/org that donated the money. The 24$ return per 1$ invested is seen in sustainable fisheries and the taxes they generate; in generating tourism for that region and all the jobs and auxiliary benefits, taxes, decreased welfare spending, etc. So it’s a great return but does not accrue to the donor, per se. But it’s a great investment for governments and for charities that are looking to maximize well-being.
Other examples from the book have “family planning/sex education” as a 120$ return per 1$ invested. Campaigns against malaria as 36$:1. And these ideas are vetted, calculated by teams of economists trying to decide where the trillions of dollars that will be spent on aid over the next 15 years.
Does that make sense?
If anyone found this useful I could use a couple karma points to start threads in the regular forum. Thanks. :) -Tom
New here. Hoping to get some karma points so that I can ask specific questions for the local community development project I have planned.
I just finished reading “The Nobel Laureates’ Guide To The Smartest Targets For The World” and can not find the specific methods that can be employed to achieve the proposed targets. For example: with regard to coral reef loss, if the research is accurate and there is a 24$ economic return for every 1$ spent, through what organizations or processes can this be achieved? The specific dollar figure must imply that the process is known. Is there a separate resource of footnotes that describe how to achieve those returns? The short book was very interesting as a navigation tool towards the initiatives that may have the greatest economic return and resultant prosperity for humankind.
Thanks for any insights if you get the chance. -Tom