Economic Valuation - Science topic

Abstract [Objective]. The floristic composition and populations of associated molluscs of commercial interest of the Chacarita mangrove forest on the Central Pacific of Costa Rica were evaluated to guide proposals for sustainable exploitation activities in the mangrove forest. [Methodology]. Monthly visits to the study area were conducted for one y...

Cultural eutrophication—the pollution of water bodies with nutrients such as nitrogen and phosphorus from human activities—and associated harmful algal blooms are key issues facing decision-makers, yet costs are often identified as a barrier to restoration. When designed in collaboration with impacted communities, economic valuation of lake ecosyst...

Research on the effects of cage aquaculture on native fish populations has revealed its negative and positive impacts. However, a separate analysis of its ecological and economic effects creates incomplete information for the decision-makers. Moreover, the inadequacy of time series data has caused challenges to knowledge-based decision-making in es...

Linking the improvement of water ecosystems to the use of economic concepts and instruments is one of the main innovations introduced by the EU Water Framework Directive (WFD). This should be achieved by Member States through an approach clearly linking measures and interventions to improve water ecosystems to the identified pressures on water bodi...

Environmental wealth is the main basis of the social, cultural and economic development of a country, but if there is an absence of the valuation of these natural resources, it can lead to a disproportionate usufruct that causes the deterioration of the ecosystem and even collateral effects of human health. This research aimed to know the total eco...

As the climate warms, increasing heat-related health risks are expected, and can be exacerbated by the urban heat island (UHI) effect. UHIs can also offer protection against cold weather, but a clear quantification of their impacts on human health across diverse cities and seasons is still being explored. Here we provide a 500 m resolution assessme...

Insect pollinators provide a natural ecosystem service to more than 80% of known flowering plants, many of which are part of our diet. However, their importance in Africa and an agriculture-dependent country like Rwanda has yet to receive attention. This encumbers policy formulation and investments in insect pollinators as a strategic agronomic inp...

Mangrove Forest ecosystems have distinctive characteristics and forms and have functions and benefits as development resources both as economic resources and ecological resources that have long been felt by the Indonesian people, especially for the people who live around that area. This research aims to identify the types of utilization of mangrove...

There is increasing recognition regarding the potential of Higher Education Institutions (HEIs) to be significant Anchor institutions capable of impacting the wellbeing of the local communities where they are situated. Subsequently, more universities are prioritising their social and civic responsibility by embedding a research ethos based on close...

Pulau Tikus dikelilingi terumbu karang sehingga mampu melindungi pulau dari abrasi akibat gelombang yang besar. Sumber daya pesisir dan laut di Pulau Tikus memiliki berbagai fungsi ekologi dan ekonomi. Tujuan penelitian ini adalah untuk menghitung dan menganalisis nilai manfaat total dari potensi sumber daya kelautan dan perikanan di Kawasan Pulau...

Biological corridors support the biodiversity conservation efforts governments carry out in Wildlife Protected Areas (WPAs). They are passages between protected areas that allow the passage of species between them. In Costa Rica, this category includes the modality of interurban biological corridors (CBI), which are areas that allow connectivity be...

Research on the effects of cage aquaculture on native fish populations has revealed its negative and positive impacts. However, a separate analysis of its ecological and economic effects creates incomplete information for the decision-makers. Moreover, the inadequacy of time series data has caused challenges to knowledge-based decision-making in es...

Damage assessments provide evidence for initiating and evaluating management programs that protect natural resources and human livelihoods against invasive species. Wild pigs (Sus scrofa) cause extensive damage in their native and non-native ranges, but the extent of current damage and efficacy of management of the damage (i.e., population control...

Coastal and marine areas hold great wealth for the welfare of coastal and small island communities with dynamic magnitudes. Panggang Island and Semak Daun Island have the potential for promising coastal and marine resource assets and provide benefits for community welfare. The research aims to compile a balance sheet of coastal and marine resource...

Local authorities face a capacity challenge to balance policy considerations when master-planning an area for redevelopment. Effects of redevelopment on residents’ health comprise one competing priority alongside financial viability, sustainability and employment provision. The challenge is not a lack of data, but a lack of accessible tools to help...

The Pacific region is considered a biodiversity hotspot and presents high species endemic levels. The Colombian Pacific basin occupies an area of approximately eight million hectares, located in the country’s west. The literature about the economic valuation of ecosystem services (ES) and the spatial information on natural resources in the Colombia...

Soil carbon sequestration presents a pathway towards climate change mitigation and adaptation while also fostering sustainable socio-economic development. The emergence of soil carbon markets, which monetize carbon capture and land management practices, has given new impetus to this area of study. However, the intersection of environmental, social,...

The Pacific region is considered a biodiversity hotspot and presents high species endemic levels. The Colombian Pacific basin occupies an area of approximately eight million hectares, located in the country’s west. The literature about the economic valuation of ecosystem services (ES) and the spatial information on natural resources in the Colombia...

In the urban-agricultural nexus of Surakarta, Indonesia, effective waste management plays a pivotal role in safeguarding ecological and resource integrity. This research delves into the interplay between the 3R (Reduce, Reuse, Recycle) approach and its implications for both the environment and local agrarian economies. Using a descriptive framework...

The objective of the research work was to estimate the economic valuation for the conservation and/or protection of the Las Orquideas to Naranjillo section of the Huallaga River on behalf of the population in Tingo Maria, [Peru], and the nearby areas. In order to estimate the willingness to pay (WTP; DAP in Spanish), a survey was done [with a] ques...

Plant genetic resources (PGR) are valuable assets that are potential for supporting human life. Economic issues are important because the effort to sustainable PGR requires a large fund and collaboration of many parties. Assessing PGR is not a simple matter because their values are not always in material and socio-cultural values. This review paper...

The Pacific region is considered a biodiversity hotspot and presents high species endemic levels. The Colombian Pacific basin occupies an area of approximately eight million hectares, located in the country’s west. The literature about the economic valuation of ecosystem services (ES) and the spatial information on natural resources in the Colombia...

The paper aims to present the method of valuation of socioeconomic costs of road crashes in Czechia based on the methodology developed and updated by CDV-Transport Research Centre. The updated guidelines reflect the current best practice in the field, as well as standard procedures applied in EU countries. The paper briefly presents the methodologi...

The paper aims to present the method of valuation of socioeconomic costs of road crashes in Czechia based on the methodology developed and updated by CDV-Transport Research Centre. The updated guidelines reflect the current best practice in the field, as well as standard procedures applied in EU countries. The paper briefly presents the methodologi...

Pollination is a multi-million-year-old co-evolutionary process involving flowering plants and pollinators. It is one of the most important mechanisms in preservation and promotion of biodiversity as well as life on Earth. Pollinator diversity is essential for maintaining overall biological diversity in many habitats including agro-ecosystems. Poll...

The mangrove ecosystem in Bintan Regency provides many benefits, both directly and indirectly, for the people around it. Mangrove ecosystem services also vary and play a role in adaptation and mitigation processes in the face of climate change. Oil pollution that occurs every year in Bintan Regency has a negative impact both ecologically and econom...

Forests have an important role in human life. Forests provide direct and indirect benefits. CO2 absorption and O2 production are some of the indirect benefits for human life. As a conservation forest, Masigit Kareumbi Game Reserve (TBMK) area is very important in CO2 absorption and O2 production. The TBMK Conservation Area has a fairly high level o...

We study the impact of endowments and expectations on reference point formation and measure the value of food safety certification in the context of fish trading on real markets in Nigeria. In our field experiment, consumers can trade a known food item for a novel food item that is superior in terms of food safety––or vice versa. Endowments matter...

All human activity causes impacts on the environment, and this generates changes or alterations in the ecosystem services that ecosystems provide us. However, it is difficult to know the price or the cost that these impacts generate in the economy of a place, since very few goods and services that are commercialized in a market. This paper provides...

Gandhamardan Hill is located in the Western part of Odisha near the Bargarh and Balangir districts which cover a large forest area. The forest cover enables several medicinal plants, facilitating income for local habitats; Local people collect and sell in the local market and set up ayurvedic shops in the foothills. The tribals depend on the forest...

The search for sustainability can be understood as a trajectory towards the maintenance of ecosystem services, which includes ways of minimizing the risk of losing them due to some imminent coastal hazard. Thus, this study aimed to evaluate the state of key ecosystem services of provisioning and regulation in the southern coast of the state of Sant...

This poster was presented at the prestigious 21st Swiss Climate Summer Summer by C2SM, ETH Zurich in Ascona Switzerland from 3-8 September, 2023. The poster presents the values of agro-ecosystem services from India using a meta-analysis. It also analyses the various factors affecting the values of ecosystem services. Furthermore, we have analyzed t...

Mascari?as HJC, Otadoy JB. 2023. Economic valuation of seagrass ecosystem in Maribojoc Bay, Bohol, Philippines. Biodiversitas 24: 4427-4435. The seagrass ecosystem is one of the most productive and precious ecosystems. In the Philippines, however, more data on the economic valuation of all seagrass ecosystem services must be collected. The study es...

Background The COVID-19 virus is a recent global phenomenon that emerged in 2019, and its impact has affected the lives of billions of people in various ways. Since the government provides vaccination for free, it is necessary to perform an economic valuation through willingness-to-pay analysis to determine its value in monetary terms. This study a...

For thirty years, advocates of the economic valuation of nature have been claiming that it contributes to making the ecological crisis more tangible. The valuation framing fosters a shared vision of nature as capital amenable to management and protection. Yet, this approach has scarcely been applied in practice and has therefore not yielded tangibl...

Fertilization with variable rate technology (VRT) is a pivotal technique of precision agriculture proposed for eco-friendly farming practices. Yet the magnitude of environmental benefits is often not well known or is highly variable. This study used a multi-indicator model and life cycle-based indicators to compare the performance of rain-fed durum...

There is growing evidence to suggest that there is an increase in species extinction occurring globally. In this article, we briefly review the literature on the economics of species extinction, examining what is meant by extinction before explaining how economics has conceptualised this. The initial economics literature on species extinction focus...

Forests have the most biodiversity and provide vital ecosystem services. They offer numerous forest-related services, some of which can be commercialized. This improves social, cultural, health, and scientific life. Nonmarketable and intangible services are discounted because people think they're endless and free. Humans have changed the natural an...

Coastal wetlands are important habitats for human well-being due to their ecosystem services, which require tools to ensure their conservation. Environmental management proposes to estimate the economic value of environmental resources that make decisions in both the ecological and economic spheres. A learning experience was carried out in the cont...

Kelp are large seaweeds that provide a variety of contributions to humans and the environment. In South Africa, kelp forests are expanding as a consequence of climate change. Considering this expansion, assessing local perceptions and values around kelp's contributions may assist with the implementation of inclusive management strategies. The lack...

This study aims to conduct an economic valuation of mangrove carbon stocks found on Payung Island, Banyuasin Regency, South Sumatra Province. Mangroves are coastal ecosystems that play an important role in storing carbon and providing ecological and socio-economic benefits to local communities. The research method used is a field survey and analysi...

Zero Waste living and toxic chemical neutralization can cut our carbon emissions to 50 percent within the next six years. It is essential we research these policies due to our proposal to the Paris Agreement of cutting our carbon emissions by 50% by 2030. We should achieve this by developing the Green Supply Chain, establishing our Blue Economy, an...

Economic valuations of ecosystem services often transfer previously estimated global unit values to the geographical setting of interest. While this approach produces quick results, its reliability depends on how representative the large-scale average unit values are for the given local context. Here, we estimate the values of three ecosystem servi...

This study proposes a practice and discussion for an interdisciplinary approach to policies for the conservation of suburban and peri-urban ecosystems. We highlight the need for evidence-based assessment of the current quality of the targeted nature from perspectives of natural science and problem formulation, and that causes should be investigated...

This study attempts to propose ecosystem valuation approach for river by using contingent valuation. This study offers a thorough yet straightforward and useful framework for valuing ecosystem products and services. In addition, this study provides a survey based on contingent valuation methodology for estimating the non-use benefits of Malaysia's...

The role of ecosystem services is a central issue in current debates concerning the environment, the climate emergency and the sustainable development strategies. Natural capital, an invaluable source of wellbeing for humankind, is suffering from continuous and unsustainable human exploitation. This leads to a significant transformation of ecosyste...

Laguna San Ignacio (LSI) es uno de los dos principales sitios donde se pueden observar ballenas en Baja California Sur. LSI es un área protegida para la conservación desde 1972, últimamente se ha posicionado como un espacio importante para la actividad de observación de ballena gris, atrayendo a un gran número de visitantes anualmente, principalmen...

The paper characterizes the term 'ecosystem services' i.e. useful resources and benefits that present-day humanity can receive from nature (both tangible and intangible benefits from the abiogenic and biogenic components of various natural ecosystems). The purpose of the work is to assess the beneficial properties of natural systems of certain part...

The objective of our study was to promote advances in the economic valuation method of zootechnical indicators in dairy goat farming by incorporating the analysis of the modeling of biological relationships between the indicators. A Multiple Linear Regression model was developed to predict milk production as a function of zootechnical indexes and t...

Ecosystems have their own dynamics that allow their balance and development, but at the same time generate services that are very important for the development of socio-economic activities. Assigning a value to these services, considering their role in the generation of benefits for the human being, is a way of evidencing their importance, consider...

Of the diverse public space formats, urban parks stand out for the versatility of their social, environmental, and economic services. The estimation of the economic value of these services is a determining factor in identifying management avenues to increase their availability and quality. Generally, the estimate is the result of an exercise of tra...

Google Drive-based reference management has just existed for easy access to referrals in mangrove ecosystem studies. Google Drive is a popular and widely used file storage and sharing platform. We can store, organize, and share various documents and files using Google Drive, including reference documents, scientific journals, and other essential ma...

Deciding when to replace dairy bulls presents a complex challenge for artificial insemination (AI) companies. These decisions encompass multiple factors, including a bull’s age, predicted semen production, and estimated genetic merit. This study’s purpose was to provide a practical, objective tool to assist in these decisions. We utilized a Markov...

Apiaries must be ecologically and economically sustainable to provide pollination as a unique ecosystem service. Pollination as an ecosystem service is economically, socially, and environmentally irreplaceable. Therefore, it is essential to improve the profitability of beekeeping activities, which are mainly carried out in rural areas. With this in...

0009-0001-3644-5250 Agostinho Macane  https://orcid.org/0000-0002-9043-6160 RESUMO: Os recursos ambientais não dispõem de um valor monetário estabelecido pelas relações tradicionais de mercado, sendo assim, há necessidade de se proceder através de métodos de valoração econômica. Este trabalho propõe-se a estimar um valor econômico para a preserva...

Seagrass beds provide tremendous services to society, including the storage of carbon, with important implications for climate change mitigation. Prioritizing conservation of this valuable natural capital is of global significance, and including seagrass beds in global carbon markets through projects that minimize loss, increase area or restore deg...

Communities in high-altitude regions are particularly dependent on ecosystem services for their survival. Understanding the economic value of ecosystem services is crucial for sustainable management of mountain ecosystems and associated policy development. This study estimated the economic value of selected ecosystem services provided by the Qurumb...

A number of studies have been the witness of pros and cons about whether the US-China trade war affected the world’s macroeconomics. This study aims to analyze the effect of macroeconomic variables on the Indonesian Sharia Stock Index (ISSI) during the trade war period between the United States and China. The research’s assumption is delved from th...

Eastern Africa is a relatively dry area, with a considerable pastoralist population, which is among the poorest segments of society. Pastoralism is a form of subsistence lifestyle, and while pastoralists produce a large proportion of the region’s livestock products, they are not covered well by statistical recording. Pastoralists are experts in kee...

The discussion about the implementation of the Convention on Climate Change is strongly determined by scientific and economic factors, particularly in the field of mitigation. Contributions toward this from the social sciences are rare, but they would undoubtedly be necessary for achieving progress in the field of adaptation strategies. The concept...

The objective of this research is to determine the economic value of the Bukit Kaba NTP tourist attraction using Travel Cost Method, and to identify the determinants of the frequency of tourist visits to Bukit Kaba NTP. This research used a quantitative descriptive method with the research sample being Tourists to Bukit Kaba NTP in 2022. This resea...

Energy supply is mandatory for the production of economic value. Nevertheless, tradition dictates that an enigmatic 'invisible hand' governs economic valuation. Physical scientists have long proposed alternative but testable energy cost theories of economic valuation, and have shown the gross correlation between energy consumption and economic outp...

Cengkir Gading Edufarm is a cattle breeding center for livestock education and manure management purposes that focuses on creating green renewable energy. The program is supported by CSR schemes carried out by PT Pertamina Patra Niaga DPPU Adi Sumarmo. The study objective is to assess the effectiveness of biogas digester construction in Cengkir Gad...

Agricultural development in Mondokan Sub-district encounters water scarcity which limits access to clean water for consumption and cultivation. This problem is exacerbated by shifting seasons due to global warming. The limited supply of water affects the cropping patterns of the community. Rice is planted in the rainy season and corn is planted ins...

A 4-day-flood occurred in Jakarta Province, Indonesia at the end of 2019 caused severe moral and material losses and weakened the economy. Various flood risk management methods are available to mitigate this damage. Assessing flood risks is thus an essential task for disaster management activities. An accurate flood risk map is required to be devel...

This Research used a quantitative descriptive method, using primary data in determining the sample, namely purposive random sampling using the slovin formula. This research aims to determine the effect of the independent variant (distance, travel cost,facilities) on the dependen variable (number of visits) to pondok Indah beach tourism. This resear...

Deciding when to replace dairy bulls presents a complex challenge for artificial insemination (AI) companies. These decisions encompass multiple factors, including a bull's age, predicted semen production, and estimated genetic merit. This study's purpose was to provide a practical, objective tool to assist in these decisions. We utilized a Markov...

Although human rights have widely been addressed in scientific communities, animal rights and relevant challenges have mainly been neglected. Despite all unfortunate accidents that happen to animals, their unfavorable status has rarely been discussed in the literature on sustainable development or sustainability accounting. Nevertheless, the econom...

Economic valuation of non-market goods without a price system is one of the most crucial challenges of the present world. The aquatic ecosystems in Bangladesh provide a wide range of benefits and services for the economic and social well-being of society, despite their lack of a clear market value. This presents a challenge for economists seeking t...

The study of the prioration of food products, goods and environmental services of the páramo and forest ecosystems of the province of Chimborazo focuses on the identification and valuation of the environmental services provided by the ecosystems of páramo and forest of the province of Chimborazo, in Ecuador.The study was conducted through an expert...

Mangroves are brackish wetland ecosystems found in tropical areas. They are highly productive ecosystems that contribute to the economic empowerment of local communities. Proper estimation of their monetary value and the extent of their contribution to rural households' income, although challenging, is paramount for sustainable management decisions...

Al Yamini TH, Djuita NR, Chikmawati T, Purwanto Y. 2023. Ethnobotany of wild and semi-wild edible plants of the Madurese Tribe in Sampang and Pamekasan Districts, Indonesia. Biodiversitas 24: 947-957. This study aimed to inventory, identify, and characterize the diversity of wild and semi-wild edible plants (WSEPs) utilization; analyze and determin...

Abstract This research is an observation of the potential of coastal areas, in the form of Lokan Shellfish commodities. The aim is to determine the economic valuation of coastal areas with the socioeconomic approach of the Lokan Shellfish seller in West Aceh Regency, so that it becomes a probability for coastal households and becomes an add value a...