Private costs (Q921)

Subject, term, tag: Private costs

Language	Label	Description	Also known as
English	Private costs	Subject, term, tag: Private costs

Statements

Instance of

Category

source version

IPCC Glossary v1.5

1 reference

Source

https://apps.ipcc.ch/glossary/

date accessed

27 May 2026

Part of

Working Group III: Climate Change 2022 – Mitigation of Climate Change

0 references

Definition

Costs carried by individuals, companies or other private entities that undertake an action, whereas social costs include additionally the external costs on the environment and on society as a whole. Quantitative estimates of both private and social costs may be incomplete, because of difficulties in measuring all relevant effects. (English)