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An Application of the Sustainable Asset Valuation (SAVi) Methodology in Sri Lanka
The report evaluates four scenarios for the restoration of South-West Beira Lake in Colombo: business-as-usual (BAU), wastewater treatment upgrades, dredging of lake deposits, and a combined approach. The analysis finds that while dredging alone provides limited benefits, upgrading wastewater treatment offers the highest benefit-to-cost ratio (39.67). The combined scenario of wastewater treatment and dredging produces the greatest absolute economic gains, increasing property values by over USD 43 million and recreational spending by USD 19.5 million by 2025. The document recommends recognizing the lake as a tangible capital asset to facilitate blended financing solutions involving public authorities and private investors.
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Document type: Report