Creating public value and social value through the decarb agenda


Public value refers to the value created by government through its actions including through providing services, developing and enforcing laws and regulation and developing and implementing policies and programs. In this brief we refer to social value created by governments recognising the need to address the broader impact of policies and programs.


ID:

3589

Authors:

Prue Brown

Affiliations:

School of Political Science & International Studies

Year:

Month:

June

Resource Type:

Policy brief

Subject:

Communities in transition
Emissions reduction & sequestration
Energy & infrastructure
Policy & regulation
Workforce / Skills / Education

Geographic Coverage:

Queensland

Location:

Brisbane, Queensland

Copyright:

CC BY 4.0


Public value refers to the value created by government through its actions including through providing services, developing and enforcing laws and regulation and developing and implementing policies and programs. 

Social value refers to the positive value created, beyond core business aims, for the economy, local communities, the environment and society. In the past, mining companies have referred to this as a social license to operate and it applied to businesses only. In this brief we refer to social value created by governments recognising the need to address the broader impact of policies and programs.