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Application of the Contingent Valuation Method in Water Resources Protection Cover

Application of the Contingent Valuation Method in Water Resources Protection

Open Access
|Aug 2021

Abstract

The option of using the contingent valuation method (CVM) to assess residents’ willingness to pay (WTP) for upgrading the quality of water resources in their communes is discussed in the article. Surveys were conducted using the direct interview method. The analysis included the application of CVM to examine the potential for financing projects that are focused on reducing the eutrophication process of the Baltic Sea, financing the construction of municipal sewage treatment plants in selected communes in Greece and Poland and financing the upgrade of sewage disposal and treatment standards in Śniadowo in north-eastern Poland. For authorities of a given area, the CVM is an instrument supporting the decision-making process regarding investments in water resources’ protection.

DOI: https://doi.org/10.2478/ceej-2021-0015 | Journal eISSN: 2543-6821 | Journal ISSN: 2544-9001
Language: English
Page range: 212 - 218
Published on: Aug 20, 2021
Published by: Faculty of Economic Sciences, University of Warsaw
In partnership with: Paradigm Publishing Services
Publication frequency: 1 issue per year

© 2021 Rafał Miłaszewski, published by Faculty of Economic Sciences, University of Warsaw
This work is licensed under the Creative Commons Attribution-NonCommercial-NoDerivatives 4.0 License.