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This book provides a comprehensive exploration of the challenges and issues concerning the economic valuation of natural resources.
List of contents
Contents1. Introduction1.1. Background
1.2. Importance of non-market valuation
1.3. Structure of the Book
1.4. Contribution of the Book
2. Valuing wetland Ecosystem services in the context of south Asian countries: A systematic review2.1. Introduction
2.2. Methodology
2.1.1. Conceptual framework-Meta Analysis2.1.2. Data Collection and data structure2.3. Inclusion and exclusion criteria
2.4. Results and Discussion
2.5. Conclusion
3. Economic Valuation of Environment: An Introduction to Valuation Methods3.1. Introduction
3.2. Valuing Environment: A Review of Methods
3.2.1. Direct Market Valuation Methods 3.2.2. Revealed Preference Methods3.2.3. Stated Preference Methods3.2.4. Benefit Transfer/Value Transfer Approach3.3. Conclusion
4. Using choice experiments to investigate the policy relevance of heterogeneity in Farmer agri-environmental contract preferences in Chittagong Hill Tracts4.1. Introduction
4.2. Literature Review
4.2.1. Concept of JC4.2.2. Comparative analysis of JC and CSA4.2.3. Factor association in JC4.2.4. Country experience and existing policy4.3. Theoretical Motivation
4.4. Methodology and Research Plan
4.4.1. Study area4.4.2. Key informant interview (KII)4.4.3. Formal focus group discussion (FGD)4.4.4. Sampling technique, questionnaire design and data collection (in-person survey) procedure4.4.5. Model specification and estimation technique4.5. Results and Discussion
4.5.1. Socioeconomic and demographic profile of the respondents4.5.2. Econometric estimation4.5.3. Estimation of MWTA4.6. Conclusions
5. Willingness to pay for conservation of Sundarbans mangrove ecosystem in the context of climate change: Application of contingent valuation method5.1. Introduction
5.2. Theoretical Motivation
5.2.1. Contingent valuation method (CVM)5.2.2. Valuation question and payment vector5.2.3. Model specification for estimating WTP5.3. Materials and Methods
5.3.1. Study area5.3.2. Sampling technique and sample size5.3.3. Methods of data collection5.3.4. Statistical analysis5.4. Results
5.4.1. SED characteristics of the respondent5.4.2. Ranking of perceived benefits5.4.3. Stress on the current Sundarbans mangrove forest ecosystem5.4.4. Payment responses5.4.5. Determinants of the WTP for the Sundarbans mangrove forest conservation5.4.6. Reasons for being WTP for/against mangrove restoration5.5. Discussion
5.6. Conclusions and Recommendations
5.7. Limitations and future research
6. Tourist preferences for Biodiversity Conservation in Rajaji National Park: A choice experiment approach6.1. Introduction
6.2. Review of literature
6.3. Study Area: The Rajaji National Park (RNP)
6.4. Methodology
6.5. Results
6.6. Discussion
6.7. Conclusions
6.8. Policy implications
7.
Economic Valuation of Himalayan Biodiversity: Case of Selected National Parks and Wetlands7.1. Introduction
7.1.1. Current Status of Himalayan Biodiversity: Outline of Challenges7.1.2. Himalayan Biodiversity: Benefits and Costs of Ecosystem Services7.1.3. Wetland Ecosystem Services and Benefits7.1.4. Sustainable Forest Management in Himalayan Regions7.2. Statement of the problem
7.3. Objectives of the study
7.4. Study Area
7.4.1.
Dachigam National Park7.4.2.
The Great Himalayan National Park7.4.3. Jim Corbett National Park7.4.4.
Dal Lake7.4.5.
Wular Lake7.4.6.
Pong Dam7.5. Outline of Methodology
7.6. Empirical Estimations
7.7. Conclusion
Index
About the author
Mohammad Younus Bhat holds a PhD in economics, with specialisation in environmental valuation and choice modelling. The application of econometric valuation techniques to biodiversity loss (environmental assets) and conservation through the adoption of cutting-edge mitigation strategies to restore sustainable biodiversity of ecosystems are his main research interests, which are closely linked to the Himalayan region. He recently published a book outlining the relationship between energy vulnerability and biodiversity loss, as well as the challenges and opportunities in preserving environmental biodiversity, renewable energy efficiency, ecological chains and human living standards. His current research project uses economic valuation methodologies to address the conservation of alpha, beta and gamma natural biological Himalayan biodiversity. It is carried out in partnership with the Ministry of Human Resource and Development and is financed by the IMPRESS initiative. Dr Bhat had visiting positions at the Amity School of Biotechnology, Amity School of Food Technology and Amity School of Economics before joining University of Petroleum and Energy Studies (UPES). He was also affiliated with Jamia Millia Islamia. Dr Bhat's research is painstakingly focused on measuring the spatial effects of climate change on the current levels of Himalayan biodiversity (with regard to National Parks and Wetlands), the relationship between energy and economic growth and the adoption of electric vehicles in India. Furthermore, he is interested in studying the reciprocal relationships between "eco-tourism" in the Himalayan regions and the financial support provided by central institutions such as Ministry of Education (MoE), Indian Council of Social Science Research (ICSSR), and Department of Science and Technology (DST), as well as local power structures, in order to provide appropriate growth strategies and facilitate the transition of local Himalayan communities towards sustainable economic growth.
Summary
This book provides a comprehensive exploration of the challenges and issues concerning the economic valuation of natural resources.
