On the financial and risk analysis of waste treatment projects in greece

A.C. Karmperis, I.P. Tatsiopoulos, A. Sotirchos, K. Aravossis
2012 International Journal of Sustainable Development and Planning  
Risk assessment is one of the most critical procedures for the evaluation of environmental projects. Over the last decades, there are several methods and techniques developed in the risk assessment literature establishing the quantitative risk analysis of waste treatment projects. Herein, the authors focus on the correlation between the fi nancial sustainability evaluation and the quantitative risk analysis of waste treatment projects, which are implemented with Build-Operate-Transfer contracts
more » ... -Transfer contracts in Greece. Particularly, the authors use a formula for the investor's profi t rate computation, which corresponds in positive cash fl ows throughout the project's operational phase and ensures the partnership's fi nancial sustainability. Documentation of the specifi c formula is achieved through the quantitative risk analysis of a waste treatment project, where the uncertainty of the project's fi nancial sustainability is analyzed and useful conclusions are discussed.
doi:10.2495/sdp-v7-n2-252-262 fatcat:agboayfzbrdf5mrs5kki5ftx7u