Subscribe To Our Newsletter
Abonnez-vous à notre bulletin
WTP DATA FOR SURINAME CORRECTED
GFO Issue 280

WTP DATA FOR SURINAME CORRECTED

Author:

Aidspan staff

Article Type:
ANALYSE

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. An article 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 version here (see The “Fair Share” 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.

Leave a Reply

Your email address will not be published.

AIDSPAN


AIDSPAN