Evaluation of Regulating and Provisioning Services Provided by a Park Designed to Be Resilient to Climate Change in Bangkok, Thailand

Arerut Yarnvudhi, Nisa Leksungnoen, Pantana Tor-Ngern, Aerwadee Premashthira, Sathid Thinkampheang and Sutheera Hermhuk
Additional contact information
Arerut Yarnvudhi: Department of Forest Biology, Faculty of Forestry, Kasetsart University, Bangkok 10900, Thailand
Nisa Leksungnoen: Department of Forest Biology, Faculty of Forestry, Kasetsart University, Bangkok 10900, Thailand
Pantana Tor-Ngern: Department of Environmental Science, Faculty of Science, Chulalongkorn University, Bangkok 10330, Thailand
Aerwadee Premashthira: Department of Agricultural and Resource Economics, Faculty of Economics, Kasetsart University, Bangkok 10900, Thailand
Sathid Thinkampheang: Department of Forest Biology, Faculty of Forestry, Kasetsart University, Bangkok 10900, Thailand
Sutheera Hermhuk: Faculty of Agricultural Production, Maejo University, Chiang Mai 50290, Thailand

Sustainability, 2021, vol. 13, issue 24, 1-14

Abstract: Understanding the ecosystem services provided by urban green spaces, in terms of their environmental, economic, and social benefits, is essential for a better management of area. Chulalongkorn University Centenary Park (CU 100) was established to mitigate the effects of climate change, especially flood prevention. This study focused on quantifying the ecosystem services provided by the trees in the park in terms of regulating and provisioning services. A publicly available tool, the i-Tree Eco international software, was used with data obtained from a local weather station as proxies to determine the accuracy of the analysis. Services, quantified in terms of monetary value, included avoided runoff, carbon storage, carbon sequestration, pollution removal, and timber price. The total monetary benefits, obtained from 697 trees (56 species, 49 genera, and 22 families), were estimated at USD 101,400. Of the total services, provisioning services contributed 75% to the total monetary value. Among all regulating services, the avoided runoff contributed about 60%, which was considered as the goal achieved by the park design. Azadirachta indica A. Juss (USD 518.75/tree −1 /year −1 ) , Shorea roxburghii G. Don (USD 417.17/tree −1 /year −1 ) and Millettia leucantha Kurz (USD 414.87/tree −1 /year −1 ) provided the greatest benefit, as indicated by a high value of provisioning services in terms of a high timber quality. These results can be used when planning the composition of trees to be planted in urban areas to increase both green spaces and maximize ecosystem services to improve the vitality of human well-being.

Keywords: i-Tree Eco international; monetary value; carbon storage and sequestration; pollution removal; avoided runoff (search for similar items in EconPapers)
JEL-codes: O13 Q Q0 Q2 Q3 Q5 Q56 (search for similar items in EconPapers)
Date: 2021
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (1)

Downloads: (external link)
https://www.mdpi.com/2071-1050/13/24/13624/pdf (application/pdf)
https://www.mdpi.com/2071-1050/13/24/13624/ (text/html)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:gam:jsusta:v:13:y:2021:i:24:p:13624-:d:698822

Access Statistics for this article

Sustainability is currently edited by Ms. Alexandra Wu

More articles in Sustainability from MDPI
Bibliographic data for series maintained by MDPI Indexing Manager ().