Space Economy Committee (2024-2027)

Committee Members  

Objectives/scope of the committee

The Space Economy Committee, in cooperation with other interested Committees, will foster a globally coordinated, data-driven understanding of the space economy, including in-space activities, their ground segments, and their intersection with terrestrial markets, by building a more robust and internationally comparable knowledge-base of space and related ground-based investments, activities, impacts, and benefits.

The Committee will:

• Provide a continuing international forum to discuss and exchange views on definitions, measurement issues, impacts, and potential social benefits of the space economy - Promote the exchange of information about both public and private economic policies, programs, and initiatives among member nations.
• Propose and (if approved) promote in coordination with the IAF secretariat workshops and seminars relating to issues of the space economy.
• Identify and invite representatives of organizations outside the space community to present and share lessons learned from other sectors, regarding value chains and societal impact assessments.
• Assess and regularly report on the current international knowledge-base of the space economy.
• Promote guidelines to encourage the development of comparable international space economic information and analyses.
• Advance data-driven insights that link space economic activity to broader global socioeconomic trends, including sustainability, equity, and long-term economic development

Within the scope: all types of economic and related space programs and new initiatives. Outside the scope: highly technical analyses that have only tangential relationship to economic theory, or economic policy. However, those that have long-run foreseeable impacts with clear economic effects may also be considered by the Committee.