VALUATION OF MANGROVE ECOSYSTEM SERVICES IN LEUWEUNG SANCANG NATURE RESERVE, GARUT REGENCY, WEST JAVA
Mangrove forests are an important ecosystem for coastal areas because of its various functions dan potentials which can provide many benefits for human in the form of ecosystem services. An economic assesments or economic valuation of those benefits needs to be done as a consideration for decisio...
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| Format: | Final Project |
| Language: | Indonesia |
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| Online Access: | https://digilib.itb.ac.id/gdl/view/57760 |
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| Institution: | Institut Teknologi Bandung |
| Language: | Indonesia |
| Summary: | Mangrove forests are an important ecosystem for coastal areas because of its various
functions dan potentials which can provide many benefits for human in the form of
ecosystem services. An economic assesments or economic valuation of those
benefits needs to be done as a consideration for decision making to estimate the
economic efficiency of various possible uses to make them more optimal and
sustainable. Leuweung Sancang Nature Reserve in Garut is one of the important
conservation in West Java. This study aims to identify and calculate the total
economic value of mangrove ecosystems services in Leuweung Sancang Nature
Reserve, Garut, West Java. Economic valuation analysis of mangrove ecosystems
is carried out using the Total Economic Value (TEV) approach, which consists of
use value and non-use value. The valuation method used were market price method,
replacement method, an approach that refers to the biodiversity value of mangrove
forests in Indonesia, and contingent valuation method by measuring the willingness
to pay for the preservation of mangrove ecosystem. With a total area of 144,1
hectares of mangrove, the total economic value of the benefits that can be provided
is Rp8,867,086,430/year. This amount consist of the direct use value from the
benefit of crabs Rp1,288,224,000, the indirect value from the benefit of saltwater
intrusion prevention Rp743,978,040 and the benefit from breakwater
Rp6,618,772,640, the option value Rp31,341,750, and the existence value
Rp184,770,000. By knowing the total economic value of an ecosystem, it is
expected that the stakeholders will easier to allocate funds for conservation because
they know the amount of benefits obtained from the existence of this ecosystem.
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