Willingness to Pay for Conservation in Moyo Satonda National Park, Indonesia: Sumbawa & Dompu Regencies
Journal Title: International Journal of Multidisciplinary Research and Analysis - Year 2023, Vol 6, Issue 09
Abstract
Moyo Satonda National Park (MSNP) is one of the attractions in NTB, Indonesia that needs attention for conservation. A contingent valuation method of survey was conducted to estimate the conservation value of MSNP and to elicit the willingness to pay among respondents. Through the random survey, the estimated mean of willingness to pay for conservation fee per respondent was IDR 7.81. With the number of visitors of 4000 in year 2022, it is estimated that there is an additional IDR 31,240 (2.03 USD) that could be used for the improvement in environmental conservation. This study shows that contingent valuation method (CVM) is a useful tool to guide decision makers in policy purposes of natural resources management of protected area in developing countries.
Authors and Affiliations
Tidiane Guindo
Keywords
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- EP ID EP721258
- DOI 10.47191/ijmra/v6-i9-72
- Views 68
- Downloads 0
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