Economic Valuation of Biodiversity Conservation in the Makiling Forest Reserve, Philippines
Biodiversity comprises the following elements: genetic diversity, species diversity, and ecosystem diversity. Although there is no clear eonsensus on how to measure biodiversity value, a substantial body of literature focuses on the application of valuation techniques to a range of biological resources. This paper made use of the results of the study conducted by the author (Camacho, 2001) where contingent valuation method (CVM) was used to assess the values that people place on or are willing to pay (WTP) for, the conservation of biodiversity in Makiling Forest Reserve (MFR). A sample of visitors, local household resident and non-resident farmers and other users and non-users of the reserve were asked to state their WTP for biodiversity conservation in MFR using discrete choice question formats. The WTP responses are affected by income levels as well as their preferences regarding the degree and extent of use of the area. Visitor respondents had the highest income levels among those surveyed and expressed the highest WTP (P615). The resident farmers who had lower income levels specified the lowest WTP (P188). The total capitalized value derived from MFR biodiversity using CVM ranges from P2.3 billion (US $57.3 million) to P3.5 billion (US $87.1 million). The result indicates a high level of awareness on the importance of forests. The outcome also underlines the importance of biodiversity conservation and related policies in developing countries like the Philippines.
biodiversity conservation biodiversity valuation contingent valuation willingness to pay (WTP) biodiversity values
Lenid. Camacho Youn Yeo-Chang Sofronio C. Camacho
University of the Philippines Los Bafios and Visiting Research Fellow Seoul National University Seoul National University University of the Philippines Los Ba(n)os
国际会议
The Frist Global Forum of Ecological Economics in Forestry(首届全球森林生态经济论坛 GFEEF)
南京
英文
131-146
2009-08-19（万方平台首次上网日期，不代表论文的发表时间）