This report presents the results of an impact assessment of a cluster of six Bt Technologies projects funded by the Cotton Research and Development Corporation (CRDC) over the years ending June 2010 to 2018. In addition to CRDC funding (a combination of statutory levies paid by industry participants and matching Commonwealth funding), other resources were provided by research organisation contributions.

Methods

The six individual projects were first analysed qualitatively within a logical framework that considered project rationale, objectives, activities/outputs, outcomes, and impacts. Project Principal Investigators made comments on, and further inputs to, these logical frameworks. Some of the impacts identified through this process were then valued in financial terms. Benefits were estimated for a range of time frames up to 30 years from the year of last investment (2017/18). Past and future cash flows, expressed in 2016/17 dollar terms, were discounted to the year 2016/17 using a discount rate of 5% to estimate investment criteria. Investment criteria reported included Present Value of