Project description
The project aimed to develop a narrative, supported by quantitative evidence, on the economic, financial and reputational benefits associated with improving the environmental footprint of the Guggenheim Abu Dhabi Museum. The objective was to support fundraising efforts and inform potential fee structures and donor engagement strategies linked to the museum’s environmental performance.
The project assessed the financial and economic benefits of environmental improvements through the review of international best practices, the development of comparative scenarios against business-as-usual pathways, and the quantification of environmental gains such as carbon footprint reductions. These impacts were translated into economic and financial benefits supported by quantitative indicators and international benchmarking.
In addition, the project evaluated the reputational and economic impacts of environmental improvements through visitor surveys and econometric analysis, assessing attitudes towards reduced carbon footprints and willingness to pay (WTP) for entry. The study analysed how environmental performance could influence visitor behaviour and the museum’s economic contribution to Abu Dhabi, generating evidence to support funding opportunities and potential cost recovery mechanisms.
Project details
-
ClientThe Solomon R. Guggenheim Foundation
-
SolutionClimate change and energy
-
Dates10/2024 - 04/2025
-
LocationUnited Arab Emirates
Related projects
Research and Coordination Project on Adaptation Economy in Tanzania
The objective of this research project was to assess the current state of the adaptation economy on a global, regional … Read more
NDC Support Programme impact analysis and methodology development
The consultancy supported the development of a knowledge and learning package to showcase the achievements and impacts of the NDC … Read more
Development of the Valencian Energy and Climate Change Plan
The project aimed to support the development of the Valencian Integrated Energy and Climate Change Plan (PVIECC) 2021–2030, in line … Read more