Valuing Ecosystem Services: A Case Study of Pakke Tiger Reserve of Arunachal Pradesh, India

Pradeep Chaudhry ()

Journal of Regional Development and Planning, 2016, vol. 5, issue 1, 1-14

Abstract: Arunachal Pradesh state of India has about twelve percent of its geographical area under protected area network against the national average of five percent. Pakke Tiger Reserve (PTR) forms an important portion of this network in the state. Tropical forest ecosystem of this reserve provides a continual flow of vital life supporting ecological, economic, social and cultural services at regional, national and global level. Economic valuation of these services can be used as a tool to estimate true value of natural capital contained therein and help in framing appropriate public policy emphasizing more investments in wildlife sector. An effort has been made in the present paper to make a conservative estimate of major ecosystem services emanating from this reserve. Annual flow benefits worth Rs 8.25 billion and stock worth Rs 144.30 billion make it a unique asset in the North East region of the country. Nature based tourism has immense potential in this reserve, which has not been explored yet fully to ensure livelihood and ecological security to the local communities.

Keywords: Forest; Valuation; Nature Tourism; Carbon Sequestration; Tiger Reserve (search for similar items in EconPapers)
JEL-codes: Q23 Q26 Q51 (search for similar items in EconPapers)
Date: 2016
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