SYNECO - The economic model

As part of SYNECO, a calibrated economic model has been developed in order to quantify the total financial, social and environmental costs and benefits emanating from the proposed system over a number of years, and compare these impacts to the current situation under different scenarios. The aim is to highlight the significant potential socio-economic and welfare gains that such an innovative slurry treatment system would yield to Maltese farmers and society, particularly in relation to climate change emissions, water usage and circular economy practices.