What are we missing? Economic value of an urban forest in Ghana

2013 ◽  
Vol 5 ◽  
pp. 137-142 ◽  
Author(s):  
William Kwadwo Dumenu
Keyword(s):  
Urban Forest ◽  
Economic Value

Urban Trees and Water Use in Arid Climates: Insights from an Integrated Bioeconomic-Health Model

2018 ◽  
Vol 04 (04) ◽  
pp. 1850022 ◽  
Author(s):  
Benjamin A. Jones ◽  
John Fleck
Keyword(s):  
Ecosystem Services ◽  
Water Use ◽  
Forest Canopy ◽  
Urban Forest ◽  
Economic Value ◽  
Urban Trees ◽  
Tree Cover ◽  
Arid Environments ◽  
Value Of Water ◽  
Health Model

Managing outdoor water use while maintaining urban tree cover is a key challenge for water managers in arid climates. Urban trees generate flows of ecosystem services in arid areas, but also require significant amounts of irrigation. In this paper, a bioeconomic-health model of trees and water use is developed to investigate management of an urban forest canopy when irrigation is costly, water has economic value, and trees provide ecosystem services. The optimal tree irrigation decision is illustrated for Albuquerque, New Mexico, an arid Southwest US city. Using a range of monetary values for water, we find that the tree irrigation decision is sensitive to the value selected. Urban deforestation is optimal when the value of water is sufficiently high, or alternatively starts low, but grows to cross a specific threshold. If, however, the value of water is sufficiently low or if the value of tree cover rises over time, then deforestation is not optimal. The threshold value of water where the switch is made between zero and partial deforestation is well within previously identified ranges on actual water values. This model can be applied generally to study the tradeoffs between urban trees and water use in arid environments.

scholarly journals Tourism Economic Value of Bukit Pangonan Urban Forest, Lampung, Indonesia

2021 ◽  
Vol 16 (5) ◽  
pp. 543-549
Author(s):  
Susni Herwanti ◽  
Indra Gumay Febryano ◽  
Slamet Budi Yuwono ◽  
Khusnul Khotimah ◽  
Irwan Sukri Banuwa ◽  
...  
Keyword(s):  
Tree Species ◽  
Urban Forest ◽  
Economic Value ◽  
Urban Forests ◽  
Environmental Conservation ◽  
Policy Support ◽  
Conservation Education ◽  
Environmental Damage ◽  
The Government ◽  
Selection Of

The quite high community activities in urban areas have caused the Bukit Pangonan Urban Forest to become an alternative tourism spot easily accessible by urban communities. There is, however, the need for natural tourism development in regional planning and conservation towards increasing the economic value of these urban forests. Therefore, this study was conducted to analyze the economic value of nature tourism in Bukit Pangonan Urban Forest and its role in environmental conservation. This involved the selection of 100 respondents as samples through incidental sampling techniques. Data was collected using interviews and analyzed quantitatively with the travel cost method and descriptively. The results showed the economic value of the Bukit Pangonan Urban Forest is Rp 4,557,944,880 per year, with visitors having a surplus of Rp 119,433 per visitor per visit and spending Rp 96,630/person/visit with the highest on transportation. The role of urban forests in environmental conservation is quite significant in preventing environmental damage, and it is possible to enhance this through the addition and diversification of tree species, protection of biodiversity, selection of appropriate tree species, development of environmentally friendly tourism facilities, providing conservation education to visitors, and policy support from the government. Moreover, it is also possible for the government to use Bukit Pangonan Urban Forest as a model to develop urban forest tourism in other areas.

FOREST VALUATION USING TRAVEL COST METHOD (TCM): CASES OF PAHANG NATIONAL PARK AND SRENGSENG JAKARTA URBAN FOREST

2019 ◽  
Vol 17 (9) ◽  
Author(s):  
Akhmad Solikin ◽  
Rohana Abdul Rahman ◽  
Edy Saefrudin ◽  
Norafifah Suboh ◽  
Nur Hafizah Zahari ◽  
...  
Keyword(s):  
National Park ◽  
Negative Binomial ◽  
Urban Forest ◽  
Economic Value ◽  
Consumer Surplus ◽  
Travel Cost ◽  
Structured Interview ◽  
Travel Cost Method ◽  
Binomial Model ◽  
Local Public Good

This study aims to estimate the economic value of a recreational park by using the travel cost method (TCM). Case studies have been done for Pahang National Park, Malaysia, and Srengseng urban forest, Jakarta, Indonesia. The data was obtained from a structured interview with visitors. The data was analysed by using Poisson and negative binomial model. Based on the survey result, it is known that the Srengseng urban forest is local public good used by local public residents whereas the Pahang National Park is visited by visitors from all over the world. The frequency determinants of visits to the urban forest are cost, age, occupation, gender, and visitor’s satisfaction; meanwhile, visit the national park is affected by travel cost, age, education, income and number of visits. The TCM method utilized in this research resulted in the Srengseng Urban Forest total economic benefit of RM0.44 million per year and the Pahang National Park total consumer surplus of RM15.3 million.

scholarly journals Nilai Manfaat Ekonomi Hutan Kota Universitas Hasanuddin Makassar

2018 ◽  
Vol 10 (2) ◽  
pp. 239
Author(s):  
Muthmainnah Zainuddin ◽  
Muhammad Tahnur
Keyword(s):  
Water Absorption ◽  
Economic Benefit ◽  
Urban Forest ◽  
Economic Value ◽  
Research Result ◽  
Market Price ◽  
Maintenance Cost ◽  
Air Conditioner ◽  
Value Of Water ◽  
Economic Value Of Water

This research aims to (1) identify the current indirect economic benefit resources of Hasanuddin University’s urban forest (2) find out the indirect economic benefit value of Hasanuddin University’s urban forest. This research has been implemented for 6 months during March to August 2018.  The economic benefit value consists of wood value, coolness value and water absorption value.  Method used to obtain the wood value is calculated based on market price approach, the coolness value of the urban forest is based on the market value of substitute goods while the water absorption value is calculated based on the trees’ ability in absorbing water. The research result shows that the urban forest of Hasanuddin University has a very large and high benefit value.  Some indirect economic benefit values contained in the  urban forest are of the wood value, coolness benefit value and water absorption benefit value. The wood value of Hasanuddin University’s urban forest is Rp. 46.586.400/year The coolness economic value is calculated from the total cost of procuring Air Conditioner (AC) and the maintenance cost. The coolness value of Hasanuddin University’s urban forest is Rp. 3.6828.000.000.  The economic value of water absorption of Hasanuddin University’s urban forest is calculated based on the trees’ ability to hold water. The economic value of water absorption of Hasanuddin University’s urban forest is Rp. 384.189,12/days so that the water absorption  of Hasanuddin University’s urban forest is  Rp. 140.229.028,8/year.  

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