AQUAMONEY CASE STUDY REPORT - VU University, Institute for ...

Financial contribution for ecological restoration
projects (90%)
200
180
160
140
120
100
80
60
40
20
0
190
90 97 51
32 24
7
22
5 1 0 0 0 0
Series1
0
3
10
20
40
75
200
Fig.15. Financial Contributions in Euros/year for ecological restoration projects (90%)
One third of the respondents were zero bidders for the 50% restoration
scenario, and the number increase by 4% in case of the 90% scenario. The difference
consisted in people who believed that the 90% scenario is not possible or is not
desirable, as it will affect the agricultural activities in the area, by transforming large
polders into wetlands. According with the CV analysis results, local population is
willing to pay for restoration projects, despite the low level of income (mean income =
5640Euro/year/household) ~ 1% of the mean annual income of the sample. The
difference in bids for the 50 % and 90 % restoration projects in the CV is not
significant (the mean of the bids is: for 50 % - 46.97 Euro/year and for 90% restoration
- 52.93 Euro/year). Taking into account that in the area are about 103.460 households
the total economic value associated with the two restoration projects are:
50% 90%
Braila Islands 4.86 5.48
Table 1: Estimated total economic value (TEV) in million Euros per year for 50% and 90%
restoration scenarios in Braila Islands:
20