Cost-benefit analysis of implementing policy measures for reducing PM and O3 concentrations: the case of Israel

This paper aims to identify the most suitable and economically feasible policy measures to reduce concentrations of particulate matter (PM) and ozone (O₃) in Israel. It describes a comprehensive methodology that takes into account the effects of PM and O₃ and describes the overall costs and benefits expected from their reduction. Cost-benefit analysis of a series of proposed policy measures allows us to identify and recommend those that are most feasible and effective. These policy measures have a significant impact on reducing air pollution on one hand, while constituting the highest net benefit to the economy on the other.