The INFFER Process

The INFFER Process

Read more about INFFER

Rangelands NRM identifies environmental assets that are priorities for investment through a combination of careful planning, research and community consultation. Decision support tools are used to assist in making sound decisions regarding investment to ensure the wise use of limited funding and resources. The Investment Framework for Environmental Resources (INFFERTM) is one such tool that Rangelands NRM has used during the development of this Regional Plan, and more generally for environmental asset investment decision making and project development. Although INFFERTM has been used in the development of this Plan, it should be recognised that other tools and drivers will also be used to guide investment and project development.

INFFERTM is a tool for developing and prioritising projects to address environmental issues such as reduced water quality, loss of biodiversity, environmental pests and land degradation. It is designed to help environmental managers achieve the most valuable environmental outcomes with the available resources. INFFERTM assists decision makers to assess and rank environmental and natural resource projects comparing such aspects as value for money, degrees of confidence in technical information and the likelihood of achieving stated goals. INFFERTM aims to help determine whether the projects will deliver tangible results within budget; whether the tools and technical capacity needed to attain those results will be available to the project; and whether the people who need to come on board to make it happen will be there when the time comes for action.

INFFERTM:

  • Provides and strong basis for preparing business cases for funding

  • Highlights the funding required to achieve particular environmental outcomes

  • Provides confidence about using public money more cost-effectively through the choice of appropriate delivery mechanisms

  • Provides a robust, transparent basis to enable strategic direction setting, debate and discussion about the future of assets in question

  • Builds on existing knowledge, integrating biophysical, physical, social and economic factors with institutional political risks and costs to assess the cost-effectiveness of actions

  • Helps highlight and prioritise limitations in current knowledge

  • Provides internal logic and consistency, ensuring that actions funded by projects will be sufficient to deliver stated goals

  • Reduces bias in decision making by making the assumptions about the process fully transparent