Economic valuation of ecosystem services in protected areas: A case study from Nepal

Kc, Bal Kumar; Kandel, PN; Adhikari, Sunit

doi:10.3126/banko.v23i1.9466

Cited by 14 publications

(12 citation statements)

References 18 publications

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“…Similarly, the users' WTP increased with the increase in their income. These findings are consistent with those of Bhandari et al (2018) and KC et al (2010).…”

Section: Discussionsupporting

confidence: 94%

“…These include-measuring the direct costs of ecosystem services in explicit markets (such as the revenue from selling a ton of carbon), the productivity method (such as measuring the contribution that pollination makes to total farm-gate output), hedonic pricing estimates (using for instance, changes in real estate or other market process as a proxy for the value of the ecosystem services), travel cost method (which measures how much people had spent to visit protected parks), and contingent valuation method (CVM) through different kinds of WTP surveys or questionnaires ( Barbier et al 2009). KC et al (2010) have examined the value of ecosystem services in the Baghmara Buffer Zone Community Forest of Nepal adopting the CVM. Similarly, Bhandari et al (2018) have estimated the economic value of ecosystem services provided by the Panchase Protected Forest (PF) of Nepal using the CVM; the analysis revealed that the total annual economic value of the Panchase PF was NRs.…”

Section: Economic Value Of Community Forest To Local Users : a Case Smentioning

confidence: 99%

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Economic value of community forest to local users : A case study from Barandabhar Protected Forest, Chitwan, Nepal

Lamichhane

Sedhain

Maharjan

2019

Banko

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Barandabhar Protected Forest (PF) has provided numerous goods and services to the people living around the forest. Integrated evaluation of this PF along with its ecological and economic value is required for the conservation and sustainable management of its forest resource. The field study was carried out in two community-managed forests around the Barandabhar PF Market Price Method and Contingent Valuation Method were used to estimate the use and non-use values of the forest. Determination of the local users' willingness to pay for sustainable management and conservation of the natural resources was done through Contingent Valuation Survey. It was administered to 142 users. Multiple Regression Model was used to analyze the factors affecting the users' willingness to pay (WTP) value. The WTP value for the conservation and sustainable management of forest was found to be affected by the income and gender of the users and their time to reach the forest. The study revealed that the women were more willing to pay for the environmental services provided by the forest. Based on the household (HH) survey, the average HH-consumption of the forest products (timber, fodder and fuelwood) was estimated to be worth of NRs. 5,246 (US$ 46. 69) per HH per year and the specific use value of the forest was estimated to be NRs. 15,160,940 (US$134,931. 82) per year. The total WTP value for the sustainable management and conservation of the forests was estimated to be NRs. 1,341,153 (US$11,936. 20) per year; the users' average WTP value for the conservation and sustainable management of the Barandabhar PF being NRs. 589 (US$ 5. 24) per HH per year.

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“…Similarly, the users' WTP increased with the increase in their income. These findings are consistent with those of Bhandari et al (2018) and KC et al (2010).…”

Section: Discussionsupporting

confidence: 94%

Section: Economic Value Of Community Forest To Local Users : a Case Smentioning

confidence: 99%

Economic value of community forest to local users : A case study from Barandabhar Protected Forest, Chitwan, Nepal

Lamichhane

Sedhain

Maharjan

2019

Banko

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“…WTP for watershed conservation was more for educated residents similar to findings of Bhandari et al (2018) and KC et al (2013). Similarly, female residents were more eager to work for conservation activities for the conservation of watersheds.…”

Section: Discussionsupporting

confidence: 58%

Assessment of Factors Affecting Willingness To Pay/Accept: A Study From Begnas Watershed, Nepal

et al. 2021

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This study prioritized five major ecosystem services from the watershed which included clean and silt less water, conservation and biodiversity, fresh environment, tourism, and beautiful landscape. Among these ecosystem services, the fresh environment was ranked first based on respondent’s importance. We conducted multiple focus group discussions, key informant surveys, a household survey, and performed statistical analysis to derive results. About 120 respondents were surveyed, out of which 60 were from upstream and 60 were from the downstream community. The majority of the respondents agreed to participate in the PES mechanism for the conservation of watersheds. The present study has estimated average WTP NRs 114.51/ropani/year/HH and WTA of NRs118.18/ropani/year/HH for conservation of watershed. The probit model was adopted to identify the factors affecting people to pay or accept for ecosystem services. Respondent’s socio-economic characteristics such as gender (female), household income, higher education level, and people involved in agriculture and tourism had a positive impact on willingness to pay in downstream community, while the variables occupation (agriculture and tourism) and property size only had a positive relationship with a willingness to accept in upstream community. Our findings showed the feasibility to initiate and implement the PES mechanism in this watershed and the result of this study could also be used to design a long-term wetland management plan in the future to preserve the wetland. Moreover, time and again studies on the monetary values for ecosystem services are also recommended to assess the varying behavior of the people with time and development.

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“…The average willingness to pay of domestic, South Asian country, and foreign visitors in the Chitwan national park and buffer zone was estimated at NRs 3370, NRs 6960, and NRs 7500, respectively [26], while tourism expenditure of visitors estimated at Rs 7,667, NRs 16,120, and NRs 23,173 for Bardia National Park for domestic, South Asian country, and foreign visitors [13]. The value of tourism appears far below in the reservoir compared to two protected areas.…”

Section: Discussionmentioning

confidence: 99%

A Total Economic Valuation of Wetland Ecosystem Services: An Evidence from Jagadishpur Ramsar Site, Nepal

Baral

Basnyat

Khanal

et al. 2016

The Scientific World Journal

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Wetlands are the most productive ecosystem and provide wide arrays of wetland ecosystems (goods and services) to the local communities in particular and global communities in general. However, management of the wetland often does not remain priority and recognized as the unproductive waste land mainly due to poor realization of the economic value of the wetlands. Taking this into account, the study estimated the total economic value of the Jagadishpur Reservoir taking into account direct, indirect, and nonuse value. The study prioritized six major values of the reservoir which include wetland goods consumption, tourism, irrigation, carbon sequestration, biodiversity conservation, and conservation for future use (existence and option value). The study used market and nonmarket based valuation techniques to estimate total economic value of the reservoir. Household survey, focus group discussions, and interaction with the tourism entrepreneurs and district stakeholders were carried out to collect information. The study estimated the total annual economic value of the reservoir as NRs 94.5 million, where option/existence value remains main contributor followed by direct use value such as wetland goods and tourism and indirect use value, for example, carbon sequestration, biodiversity conservation, and irrigation. The study reveals that the local communities gave high importance to the future use value and are willing to make investment for conservation and restoration of reservoir given its conservation significance.

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Economic valuation of ecosystem services in protected areas: A case study from Nepal

Cited by 14 publications

References 18 publications

Economic value of community forest to local users : A case study from Barandabhar Protected Forest, Chitwan, Nepal

Economic value of community forest to local users : A case study from Barandabhar Protected Forest, Chitwan, Nepal

Assessment of Factors Affecting Willingness To Pay/Accept: A Study From Begnas Watershed, Nepal

A Total Economic Valuation of Wetland Ecosystem Services: An Evidence from Jagadishpur Ramsar Site, Nepal

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