The Black River Morass: Valuing Ecosystem Services in a Ramsar Protected Area

Maurice Mason ()
Additional contact information
Maurice Mason: UWI Institute for Sustainable Development

No 201350, Working Papers from Latin American and Caribbean Environmental Economics Program

Abstract: This study provides an estimate of the conservation benefits i.e. use and none-use values associated with the restoration of the ecosystem and ecosystem services at the Black River Protected Area (BRPA). This was achieved by eliciting the willingness to pay (WTP) for conservation of the ecosystem and ecosystem services within the BRPA via the contingent valuation methodology (CVM). From this value, the aggregated monetary benefits of conserving the Black River Morass were elicited. In estimating this value, the contingent valuation (CV) with a close-ended WTP elicitation format was employed. The results suggest the need for further exploration of the feasibility of a cess/tax on locals, as a potentially viable source of funding for the implementation of the Black River Protected Area Management Plan (BRPAMP) developed by the National Environment and Planning Agency (NEPA). The parametric and non-parametric analysis returned a WTP estimate ranging between US$8 and $9 per month for the restoration of the protected area. The aggregated WTP estimate amounts to US$177.59 million annually or approximately J$15.9Bn dollars annually..

Pages: 53 pages
Date: 2013, Revised 2013
References: Add references at CitEc
Citations:

Downloads: (external link)
http://laceep.org/publications/working-papers/item ... a-maurice-mason-2013 (application/pdf)
Our link check indicates that this URL is bad, the error code is: 500 read timeout (http://laceep.org/publications/working-papers/item/173-the-black-river-morass-valuing-ecosystem-services-in-a-ramsar-protected-area-maurice-mason-2013 [301 Moved Permanently]--> https://laceep.org/publications/working-papers/item/173-the-black-river-morass-valuing-ecosystem-services-in-a-ramsar-protected-area-maurice-mason-2013)

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:lae:wpaper:201350

Access Statistics for this paper

More papers in Working Papers from Latin American and Caribbean Environmental Economics Program Contact information at EDIRC.
Bibliographic data for series maintained by Liz Delgado ( this e-mail address is bad, please contact ).