The objective of this work is to assess through the "avoided health cost method" what would be the economic benefits of undertaking greenhouse (and local) gases mitigation policies in the Buenos Aires Metropolitan Area. To do so, we have developed six steps: Mitigation Scenarios (which policies to undertake), Emissions Inventory according to those, an Ambient Air Pollution Model to calculate the physical impacts, Health Effects Estimation to assess the health consequences of reducing air pollution, and Economic Valuation of those health impacts. The mitigation measures valued have to do with the transportation sector (greater penetration of compressed natural gas, consumption improvements, and some mode substitution) and the energy sector (the introduction of new dams and the rational use of energy by reducing energy consumption in residential, commercial and public buildings). There are three scenarios: a Baseline or Business-as-Usual scenario, a scenario that considers GHG mitigation options for Argentina with impacts in terms of local pollution, and an Integrated scenario which in addition to GHG mitigation includes policies related to local air quality and rational use of energy programs. All scenarios were built up to the year 2012. Particulate matter is the pollutant whose impact is valued.
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