scholarly journals Total Economic Value of Natural Capital - A Case Study of Piatra Craiului National Park

2013 ◽  
Vol 41 (2) ◽  
pp. 608 ◽  
Author(s):  
Bogdan POPA ◽  
Claudiu COMAN ◽  
Stelian A. BORZ ◽  
Dan M. NITA ◽  
Codrin CODREANU ◽  
...  

In the last two decades different methodologies for assessing the economic implications of protected areas have been developed within the framework of "Total Economic Value", taking into account not only goods and services that have a price and a market but also those not priced or marketed. The present paper, by using a number of recognized methodologies applied by environmental economists around the world, estimates the economic value of ecosystem services of Piatra Craiului National Park, in one of the first attempts to frame ecosystem services valuation in Romania. The approach and results include a benefit distribution analysis, for both the economic sectors and the groups of beneficiaries. Even if the data are not comprehensive and depend on several assumptions, the paper provides very important practical and policy-relevant information on the economic value of Piatra Craiului National Park, in an attempt to stimulate increasing of the budgetary allocation and economic policy priority for protected areas in Romania.

2018 ◽  
Vol 22 (03) ◽  
pp. 123-131
Author(s):  
Ganzorig G ◽  
Enkh-Amgalan G ◽  
Аmartuvshin O ◽  
Densmaa Sh ◽  
Gantulga Ts

The state protected areas (PAs) lack with financial resource, which weakens the PA management including lack of human resource and their skill development, transparent cooperations, and of equipments and vehicles for ecosystem conservation and rehabilitation activities of the PAs. Thus, research on analysing the economic value of the PAs is vital important for the decision makers and policy planners, because they have lack of understanding of benefits of investing to the PAs. In 2013, United Nations Development Programme published a book that reflects the approach of “Targeted Scenario Analysis”, which is used in our study. The Khangain Nuruu National Park (KNPA) locates in 11 soums of three provinces, namely Arkhangai, Bayankhongor and Uvurkhangai, and we analyzed economic value of the KNPA for six economic sectors (livestock husbandry, crop farming, forestry, tourism, mining and industry), and two non-economic but consumption based sectors (carbon sequestration from larch trees, and drinkable water). The economic value or the contribution to the economy of Mongolia from KNPA was about MNT 165.4 billion in 2014, and it summed up to MNT 1 trillion between 2002 and 2014. Livestock husbandry, mining and tourism sectors benefitted about two third of this value. In case of “Business As Usual-BAU” scenario takes, continuesly, in place the total economic loss would reach to MNT 1.4 trillion between 2015 and 2040, compared to “Investing in Natural Capital-INC” scenario. Hence, implementing INC in the KNPA management would save this loss. We recommend to increase the financial resources for the KNPA management, therefore the economic sectors will not diminish due to lack of ecosystem services of the PA, which would then develop the sectors in the long run sustainably.


2020 ◽  
Vol 22 (4) ◽  
pp. 485-503
Author(s):  
K.M. Nitanan ◽  
A. Shuib ◽  
R. Sridar ◽  
V. Kunjuraman ◽  
S. Zaiton ◽  
...  

Direct and indirect use of values and non-use values from forest ecosystem services perform an invaluable set of functions that cater to the needs of both living and non-living things. The values include market services obtained from timber and non-timber forest products, and non-market services (recreation, watershed protection and conservation value) were identified as components of the Total Economic Value (TEV). However, it is difficult to assign a monetary value to all goods and services provided by the forest. Failure to conserve the national park will result in the degradation of the forest and a reduction in the contribution of the forest ecosystem services to the community. Based on the result of this study, the TEV value of forest ecosystem services was estimated at RM 13 billion, and the estimation provides policy-relevant information for forest management and conservation purposes in Malaysia.


2021 ◽  
Vol 23 (1) ◽  
Author(s):  
Joko Mulyo Ichtiarso

The benefit of ecosystem services are the completeness of the outputs resulting from biological, physical, chemical, and socio-cultural processes in the forest that are useful for human life and environment. The object of research is to know how much the economic value of fauna in ecosystem services which has been utilized by the community buffer village and the dependence on Baluran National Park (BNP). Method of research by quantitative and qualitative analysis. Data collected are typological conditions of BNP community buffer village, human resources who used the services of BNP ecosystem services, identity of community who used ecosystem services, types of ecosystem services used by community, harvest season, location of ecosystem services, community income that uses ecosystem and dependence on BNP ecosystem services. The result of research are economic value of the services of fauna that ecosystem components of BNP that have been used by buffer community village and dependence on BNP have form of forest honey (Rp. 1,073,332,000), kroto (Rp. 784,665,000), and snails (Rp. 648,080). Total economic value of fauna that ecosystem component of BNP is Rp. 2,506,077,000,- per year


Land ◽  
2019 ◽  
Vol 8 (12) ◽  
pp. 194
Author(s):  
Wai Soe Zin ◽  
Aya Suzuki ◽  
Kelvin S.-H. Peh ◽  
Alexandros Gasparatos

Protected areas offer diverse ecosystem services, including cultural services related to recreation, which contribute manifold to human wellbeing and the economy. However, multiple pressures from other human activities often compromise ecosystem service delivery from protected areas. It is thus fundamental for effective management to understand the recreational values and visitor behaviors in such areas. This paper undertakes a rapid assessment of the economic value of cultural ecosystem services related to recreation in a national park in Myanmar using two valuation techniques, the individual travel cost method (TCM) and the Toolkit for Ecosystem Service Site-based Assessment (TESSA v.1.2). We focus on the Popa Mountain National Park, a protected area visited by approximately 800,000 domestic and 25,000 international tourists annually. Individual TCM estimates that each domestic visitor spent USD 20–24 per trip, and the total annual recreational value contributed by these visitors was estimated at USD 16.1–19.6 million (USD 916–1111 ha−1). TESSA estimated the annual recreational expenditure from domestic and international visitors at USD 15.1 million (USD 858 ha−1) and USD 5.04 million (USD 286 ha−1), respectively. Both methods may be employed as practical approaches to assess the recreational values of protected areas (and other land uses with recreational value), and they have rather complementary approaches. We recommend that both techniques be combined into a single survey protocol.


Land ◽  
2021 ◽  
Vol 10 (2) ◽  
pp. 152
Author(s):  
Miju Kim ◽  
Sangkwon Lee ◽  
Chi-Ok Oh

Protected areas are places that provide diverse ecosystem services, including cultural ecosystem services. At the same time, the development and unbalanced use of natural resources in protected areas often create environmental threats and social conflicts. This study estimates the economic value of environmental consequences derived from the construction of an airport in a national park in Korea. We employ a discrete choice experiment to assess economic values and consider a key part of the tradeoffs derived from the airport construction at Heuksan Island of Dadohae Marine National Park in Korea. The results show that social benefits related to improved accessibility and tourism opportunities would be generated but at substantial costs resulting from environmental degradation and the reduction in bird populations. A segmentation analysis also reveals that heterogeneous preferences exist based on variables reflecting individuals’ visit experiences and trust in the government. The findings indicate that considering environmental impacts is important when evaluating the feasibility of a development project in a protected area.


2020 ◽  
Vol 3 (1) ◽  
pp. 80
Author(s):  
Muniyandi Balasubramanian

Forest ecosystem services have played a vital role in human well-being. Particularly, recreational ecosystem services are creating physical and mental well-being for human beings. Therefore, the main objective of the paper is to estimate the economic value of recreational ecosystem services provides by recreational sites such as Nandi Hills and Nagarhole National Park based on the individual travel cost method in Karnataka, India. This study has used a random sampling method for 300 tourist visitors to recreational sites. The present study has also estimated the consumer surplus of the visitors. The results of the study have found that (i) economic value of two creational sites has been estimated at US $323.05 million, (ii) the consumer surplus has been estimated for Nandi Hills at US $7.45 and Nagarhole National Park at US $3.16. The main implication of the study is to design the entry fees for the recreational site and sustainable utilization of recreational ecosystem services for the present and future generations.


One Ecosystem ◽  
2018 ◽  
Vol 3 ◽  
Author(s):  
Cristina Marta-Pedroso ◽  
Lia Laporta ◽  
Ivo Gama ◽  
Tiago Domingos

Demonstrating economic benefits generated by protected areas is often pointed out as pivotal for supporting decision-making. We argue in this paper that the concept of ecosystem services (ES), defined as the benefits humans derive from ecosystems, provides a consistent framework to approach this issue as it links ecosystem functioning and benefits, including benefits with economic value. This study aimed at providing evidence on how to bring the economic value of protected areas to the decision-making process and contributing to extend current EU Member States' experience in mapping and assessing the economic value of ES in the context of the EU Biodiversity Strategy to 2020 (Action 5). In doing so, we used the Natural Park of Serra de S. Mamede (PNSSM), located in the Alentejo NUTS II region, as a case study. We followed a three-step approach to pursue our goals, entailing stakeholders' engagement for selecting relevant ES (through a participatory workshop), biophysical mapping of ES flows (based on a multi-tiered approach depending on data availability) and spatial economic estimation of such flows (using value transfer, willingness-to-pay and market price methods). Our results indicate that the ES with highest economic value are not always the ones with higher perceived value by stakeholders. For most ES, the economic value increased with increasing protection level within the park, except for the crop production service. Although no formal uncertainty or sensitivity analysis has been performed, the following range is based on a critical assessment of non-primary data used. We estimated the aggregate annual value of PNSSM to be 11 to 33M€/year (representing 0.1 to 0.3% of the regional NUTSII Alentejo Gross Domestic Product). Our findings reinforce the need to adopt mixes of monetary and non-monetary valuation processes and not to rely just on one approach or measure of value while bringing ES into protected areas management.


Land ◽  
2020 ◽  
Vol 9 (6) ◽  
pp. 194 ◽  
Author(s):  
Ando Aulia ◽  
Harpinder Sandhu ◽  
Andrew Millington

Ecosystem services in oil palm plantations owned by smallholders in four villages in the Riau Province, Indonesia were identified and valued. Nine provisioning, three regulating and maintenance, one cultural ecosystem service, and a single ecosystem dis-service, were identified from interviews with 62 farming households. Direct and indirect market valuation methods were used to estimate the total economic value (TEV) of these services, which averaged USD 6520 ha−1 year−1 (range = USD 2970–7729 ha−1 year−1). The values of provisioning services were USD 4331 ha−1 year−1 (range = USD 2263–5489 ha−1 year−1), regulating and maintenance services were valued at USD 1880 ha−1 year−1 (range of USD 707–3110 ha−1 year−1), and cultural services were USD 309 ha−1 year−1. We conclude that identifying and valuing ecosystem services offers an opportunity to improve the environmental and economic sustainability of smallholders in oil palm landscapes in Indonesia.


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