Participatory social return on investment (PSROI)

Abstract

A new approach to cost-benefit analysis that aims to first discover how a community can best adapt to climate change, and then uses stakeholder participation to measure the costs and benefits of the priority interventions. It is a participatory method for discovering the costs and benefits (economic, social and environmental) of an organization, policy or project. It uses focus groups and interviews with a wide range of stakeholders to create visual Impact Maps that tell the story of how change is being created and how the impacts can best be measured – all from the perspective of those directly affected.