Valuation of ecosystem services provided by Jal Binayak community forest, NepalAuthor(s):
Simran Gurung, Ram Asheshwar Mandal and Ajay Bhakta MathemaAbstract:
A lot of income-generating activities occur when there is an incentive that springs up massive contributions to the entire society. Therefore, due to rapid urbanization and a large population, the income trend may fluctuate, but the income trend has not yet been studied. The ecosystem service and generation of income from community forest is increasing research issues in urban areas. Thus, this study was objectively conducted to identify and rank the forest ecosystem services, assess the trends of income and expenditure as well as map the spatial distribution of ecosystem services provided by Jal Binayak community forest. The primary and secondary data were collected from the study site. Observation was done from 5th November to 13th November, 2020 to collect the data including GPS coordinates of available ecosystem service and discuss with users. Total 5 Key informant’s survey was conducted. Similarly, the record of income and its source and expenditure were collected from the year 2006 to 2019. The ecosystem services provided by the community forest was calculated using Likert scale. The collected data were analyzed using economic analysis tools like Net Present Value, Benefit Cost ratio and profitability index. Moreover, the coordinates were used to prepare the map of ecosystem services. Manjushree Park, Barahi cave Jal Binayak temple, aesthetical beauty, water resources are the major ecosystem services in the community forest. The result showed that eco-tourism was the highest source of income in community forest. Through the analysis showed that the income was increasing annually, as Jal Binayak community forest’s initial investment was only US$ 956.1 in 2006 which reached to US$ 217764.55 in 2019 with a present value of expected benefit being $301677.63. The co-efficient of variance were the highest of other income with 2.24 which was followed by interest with 2.71. The least value of coefficient variance was fee from film shooting with 0.41. The expenditure trend was also increasing from 2005 to 2019 with US$ 105.43 to US$ 17688.76. The highest value of coefficient of variance was found of infrastructure development with 1.35. The cost benefit ratio was 315.36, NPV was 208238.23 and profit index was 218.68. The point map showed that location of Bagmati River, Ganesh temple, Manjushree cave and park. Thus, investment in ecosystem service improvement in community source is practical concept in city.Pages: 25-34 | Views: 14 | Downloads: 3Download Full Article: Click Here
How to cite this article:
Simran Gurung, Ram Asheshwar Mandal, Ajay Bhakta Mathema. Valuation of ecosystem services provided by Jal Binayak community forest, Nepal. Int J Geogr Geol Environ 2021;3(2):25-34.