WTP DATA FOR SURINAME CORRECTED
Author:
Aidspan staff
Article Type:Article Number: 10
ABSTRACT An Aidspan report on willingness to pay, published in January, contained some incorrect information on the WTP commitment made by Suriname. The incorrect information was repeated in a GFO article about the report. The present article sets the record straight.
In January 2016, Aidspan published a report on willingness-to-pay commitments in 13 countries. AnĀ articleĀ about the report appeared in GFO.
Subsequently, we learned that the WTP commitment shown in the report for Suriname was incorrect. Rather than making a commitment of $1.5 million, Suriname made a commitment of $18.4 million.
Aidspan has corrected the figures in the report and has posted an updated versionĀ hereĀ (seeĀ The āFair Shareā of Shared Responsibility: An Aidspan Report on Willingness to Pay).
The incorrect amount for Suriname also appeared in the GFO article in a table. The corrected table is as follows:
Table: Actual WTP as a proportion of minimum WTP requirement ($ million)
Country |
Minimum WTP requirement |
Actual WTP commitment |
WTP commitment as proportion of minimum WTP requirement |
Iran |
6.1 m |
77.4 m |
1275% |
Thailand |
32.7 m |
309.5 m |
946% |
Suriname |
2.3 m |
18.4 m |
800% |
Botswana |
8.6 m |
68.0 m |
789% |
Costa Rica |
1.5 m |
11.2 m |
762% |
South Africa |
139.5 m |
1,000 m |
748% |
Bulgaria |
3.1 m |
14.5 m |
468% |
Ukraine |
27.7 m |
124.1 m |
448% |
Romania |
3.8 m |
12.2 m |
317% |
Belize |
1.4 m |
3.9 m |
289% |
Mauritius |
1.5 m |
4.4 m |
286% |
Fiji |
1.6 m |
4.3 m |
265% |
Jamaica |
5.7 m |
13.6 m |
237% |
The statement in the article that Suriname committed less than the minimum WTP requirement was incorrect.
Unrelated to the Suriname data, there was another error in the GFO article: The total WTP investment of the 13 countries in the study was $1.66 billion, not $1.88 billion.
Aidspan regrets any inconvenience caused by the incorrect information.