Abstract

PINILLA, Maribel; PULIDO, Lizeth Dayana  and  CARDONA, Claudia María. Economic Evaluation of Services of the El Burro Wetland, Bogotá, Colombia. Soc. Econ. [online]. 2024, n.51, e10812872.  Epub Mar 20, 2024. ISSN 1657-6357.  https://doi.org/10.25100/sye.v0i51.12872.

The aim of this research is to apply an economic valuation methodology to determine the willingness to pay for the ecosystem services of the El Burro wetland, with the goal of supporting its management and conservation. To achieve this, we conducted a characterization of the wetland’s environmental profile, followed by the identification of the ecosystem services it provides. We then employed a choice experiment that focused on factors such as the possibility of wildlife sightings, water quality, and the protection of an endemic bird species. This experiment was administered to residents, whose choices provided valuable insights into their preferences and well-being. The main findings revealed that people positively value the enhancement of wetland ecosystem services, demonstrating a willingness to pay $4531 COP in water and sewer bill value for a wetland conservation program.

Keywords : ecosystem services; conservation; population preferences.

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