Low Carbon Wastewater Treatment

BACKGROUND and METHOD – CVM (include figure)
The contingent valuation method (CVM) is the most frequently used method in the valuation of environmental
goods and services. The method bypasses the need to refer to market prices by explicitly asking individuals to place
monetary values upon environmental goods. The CVM represents one of the stated preference techniques which is
used by economists to assess a monetary value on nonmarket goods such as water quality. CVM or conjoint analysis
has an advantage over other stated preference techniques because it allows to measure both the use values and
nonuse values of environmental good.
RESULT (include figures and maps)

Cities

Variables

Metro Manila,
Philippines
Jakarta,
Indonesia
Hanoi,
Viet Nam
Chennai,
India
WTP* Use Value
Swimmable
Fishable
WTP Non-Use Value
Swimmable
Fishable
Main drivers of WTP
TEV**

WTP – Willingness to pay per capita (International dollars)
TEV – Total economic value for a city (International dollars)

Text (explanation of the numbers given in the tables and figures)