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MeetingThe Economics of Farm Animal Genetic Resources Conservation and Sustainable Use: Why is it important and what have we learned? 2004
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ArticleEconomic valuation of ecotourism resources as a conservation tool for the Makiling Botanic Gardens
XV World Forestry Congress, 2-6 May 2022
2022Also available in:
No results found.The Makiling Botanic Gardens (MBG) is one of the ecotourism points of interest in the Mount Makiling Forest Reserve ASEAN Heritage Park (MMFR AHP) and the nearest mountain ecosystem to Metropolitan Manila, Philippines. The MBG serves as a living collection and sanctuary of endemic and endangered plant species in the Philippines and promotes public awareness and appreciation of biodiversity through conservation education. The MMFR’s recognition as AHP in 2013 has received support and assistance from different agencies to further develop its ecotourism potential. However, developments are anticipated to be at the expense of low-priced ecotourism services. The study aimed to estimate the willingness to pay of MBG visitors for its enhanced conservation using the contingent valuation method. The contingent valuation survey was administered through face-to face interviews. Results show that out of 253 respondents, 79% expressed willingness to pay (WTP) for the enhanced conservation of MBG. The elicited mean WTP is PhP 73.79 ($1.46) on top of the current entrance fee of PhP 50.00 ($1)/visit. The significant factors affecting visitors’ WTP were bid amount, income, and education. Given the elicited mean WTP added to the current entrance fee and the average number of visitors of MBG (41,281) annually, the potential revenue of MBG if the WTP will be captured is about PhP 6.3 million ($124,758). Results of the study can serve as a reference in adjusting the entrance fee of the MBG to support the full implementation of MMFR's management plan in the context of an ASEAN Heritage Park. Keywords: Protected area, Ecosystem services, Sustainable financing, Resource use fees ID: 3622992 -
Brochure, flyer, fact-sheetScoping study on economic linkages and options for ecosystem valuation of deep-sea living marine resources and habitats in ABNJ 2017
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No results found.The brief provides a summary of the current state of knowledge and further information needs for valuing deep-sea sponge ground ecosystem services. The scoping study was carried out to ascertain what information and data are available on the economic value of ABNJ ecosystem services, and to assess whether (and how) a quantitative/monetary valuation might be possible. Its objective was to document and critically review current knowledge on deep-sea ecosystem-economic linkages, so as to identify n eeds, niches and options for undertaking a study to assess the economic value of ABNJ deep-sea ecosystem services. While the study considered sponges and sponge grounds alongside other deep-sea species and habitats, it did not focus solely on them.
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