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This report was commissioned by the Cooperative Research Centre for Spatial Information (CRCSI) on behalf of Geoscience Australia (GA), the Bureau of Meteorology (BOM) and the Commonwealth Scientific and Industrial Research Organisation (CSIRO). The goal of the project was to address the gaps in past economic assessments by examining in greater detail the current and potential economic benefits resulting from new and emerging Earth Observations from Space (EOS) applications. Key objectives were to:
The total direct economic benefits identified from the use and application of EOS data from the case studies were found to be:
The total social and environmental benefits identified from the use and application of EOS data were found to be:
Many of the benefits from the case studies arise in important sectors of the Australian economy, including agriculture, aviation, tourism and recreation, petroleum, mining, water, property, and insurance. The results by subject area are shown in Table E 8. On this basis of initial calculation, it was estimated that the combined impact of the use of EOS services resulted in employment in 2015 being around 9,293 higher than it would otherwise have been without EOS. This figure is expected to increase to 15,997 by 2025.
Also find a summary of the findings below: