Cost-benefit analysis of restoring Buriganga River, Bangladesh

Cost-benefit analysis of restoring Buriganga River, Bangladesh

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Article ID: iaor20097511
Country: United Kingdom
Volume: 24
Issue: 4
Start Page Number: 593
End Page Number: 607
Publication Date: Dec 2008
Journal: International Journal of Water Resources Development
Authors:
Keywords: cost benefit analysis, developing countries
Abstract:

The focus of this paper is to perform a cost–benefit analysis to determine the economic efficiency of the restoration of a dying river in Bangladesh, namely the Buriganga River. The benefits of the restoration programme are derived by using market data and employing benefit transfer and contingent valuation techniques. The values generated by this approach are integrated into the framework of a cost–benefit analysis, which showed a benefit–cost ratio of 4.35. This demonstrates that the restoration of dying rivers in developing countries is not only an environmental imperative, but is also socially and economically justifiable.

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