Technical Papers
Aug 29, 2022

Enhancing Urban Stream Values: The Case of the Cooks and Georges River Catchments

Publication: Journal of Water Resources Planning and Management
Volume 148, Issue 11

Abstract

Waterway restoration in urban areas can be an important environmental policy topic. However, there have been few studies of monetary benefits to help justify expenditures and inform priority setting for remediation works. We investigated values for improving river health in two catchments in Sydney, Australia: the Cooks Catchment, which is smaller and urban-based, and the Georges Catchment, which is larger and located in both urban and periurban areas. Using choice experiments, we found that households are willing to pay Australian Dollars (AUD) 10.34 per year for 5 years in the Cooks Catchment, and AUD 2.64 in the Georges Catchment, to restore 1 km of urban waterway. We found that willingness to pay is moderated by the time until project outcomes are achieved. Comparison with typical costs of urban stream remediation suggested that there is a broad range of projects that will produce positive net benefits in the Cooks Catchment, whereas in the Georges Catchment the economically viable projects are those with lower cost and that can achieve their outcomes relatively quickly.

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Data Availability Statement

All data, models, or code that support the findings of this study are available from the corresponding author upon reasonable request.

Acknowledgments

The authors are grateful for the funding from Greater Sydney Local Land Services, City of Canterbury Council, Fairfield City Council, Sydney Water, and Commonwealth Scientific Industrial Research Organisation. We thank Paul Grant for his assistance in developing the raking weights.

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Go to Journal of Water Resources Planning and Management
Journal of Water Resources Planning and Management
Volume 148Issue 11November 2022

History

Received: May 5, 2021
Accepted: Mar 16, 2022
Published online: Aug 29, 2022
Published in print: Nov 1, 2022
Discussion open until: Jan 29, 2023

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Professor and Associate Dean Research, Faculty of Business, Justice and Behavioural Sciences, Charles Sturt Univ., Bathurst, NSW 2795, Australia (corresponding author). ORCID: https://orcid.org/0000-0002-8761-0682. Email: [email protected]
Kevin J. Boyle
Professor and Founding Director, Blackwood Program in Real Estate, Virginia Tech Program in Real Estate, Virginia Tech, 430 Bishop-Favrao Hall (0715), Blacksburg, VA 24061.
Adjunct Research Fellow, Faculty of Business, Justice and Behavioural Sciences, Charles Sturt Univ., Bathurst, NSW 2795, Australia; Natural Capital Economics, Suite 14/36 Agnes St., Fortitude Valley, QLD 4006, Australia. ORCID: https://orcid.org/0000-0002-2997-439X
Michael Burton
School of Agriculture and Environment, Univ. of Western Australia, 35 Stirling Highway, Room G021, Agriculture North West Wing, Perth Campus, Perth, WA 6009, Australia.
Weibin Xu
Dept. of Agricultural and Applied Economics, Virginia Tech, 430 Bishop-Favrao Hall (0715), Blacksburg, VA 24061.

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