Total Economic Value of Wetlands Products and Services in Uganda

Type Journal Article - The Scientific World Journal
Title Total Economic Value of Wetlands Products and Services in Uganda
Volume 2013
Publication (Day/Month/Year) 2013
Wetlands provide food and non-food products that contribute to income and food security in Uganda. This study determined the economic value of wetland resources and their contribution to food security in the three agroecological zones of Uganda. The values of wetland resources were estimated using primary and secondary data. Market price, Productivity, and Contingent valuation methods were used to estimate the value of wetland resources. The per capita value of fish was approximately US$ 0.49 person-1. Fish spawning was valued at approximately US$ 363,815 year-1, livestock pastures at US$ 4.24 million, domestic water use at US$ 34 million year-1, and the gross annual value added by wetlands to milk production at US$ 1.22 million. Flood control was valued at approximately US$ 1,702,934,880 hectare-1 year-1 and water regulation and recharge at US$ 7,056,360 hectare-1 year-1. Through provision of grass for mulching, wetlands were estimated to contribute to US$ 8.65 million annually. The annual contribution of non-use values was estimated in the range of US$ 7.1 million for water recharge and regulation and to US$ 1.7 billion for flood control. Thus, resource investment for wetlands conservation is economically justified to create incentives for continued benefits.

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