ECONOMIC VALUATION AND MANAGEMENT OF ECOSYSTEM SERVICES IN PALINTANG HAMLET, WEST JAVA

• Main Author: Adjie Putra Nugraha, Adhitya
• Format: Theses
• Language: Indonesia
• Online Access: https://digilib.itb.ac.id/gdl/view/75112
• Institution: Institut Teknologi Bandung

One of the areas that provides ecosystem services for the people of West Java, especially Bandung City, is Palintang Village located in Cipanjalu Village, Cilengkrang District, Bandung Regency, West Java. Palintang Village has a lot of economic potential from ecosystem services that can be utilized but has not been identified and quantified properly. This study aims to: (1) identify ecosystem services found in Palintang village; (2) conduct economic valuation of the identified ecosystem services; and (3) develop management strategies from the economic valuation that has been done. Preliminary studies were conducted to identify the types of potential ecosystem services and determine further research methods. Identified ecosystem services that have the potential to be managed include hydrological services, services for the provision of agricultural commodities, plantations and livestock, and cultural tourism services. In this study, economic valuation was carried out by determining the value/price through a social approach using the price stated in government regulations and a benefit approach using the contingent valuation method (CVM) and travel cost method (TCM). Based on the research results, the total economic value of ecosystem services in 2023 is Rp267.078.306.341.-, while the ecosystem service management strategy that can be done is by increasing the promotion and competitiveness of ecosystem services, education related to ecosystem service functions and the application of agroforestry farming systems.