Verdant Economy: Financial Benefit Analysis of Mangrove Ecosystem Restoration in Riding Panjang Village, Bangka Regency

Lisma Dwi Susanti (), Bani Ibrahim, Basit Sucipto, Nizwan Zukhri and Ari Agung Nugroho
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Lisma Dwi Susanti: Universitas Bangka Belitung, Faculty of Economics and Business
Bani Ibrahim: Universitas Bangka Belitung, Faculty of Economics and Business
Basit Sucipto: Universitas Bangka Belitung, Faculty of Economics and Business
Nizwan Zukhri: Universitas Bangka Belitung, Faculty of Economics and Business
Ari Agung Nugroho: Universitas Bangka Belitung, Faculty of Economics and Business

A chapter in Proceedings of the 1st International Conference of Economics, Management, Accounting, and Business Digital (ICEMAB 2024), 2024, pp 75-83 from Springer

Abstract: Abstract Mangrove ecosystem restoration in Riding Panjang Village, Bangka Regency is an example of the implementation of a green economy that aims to achieve sustainable development. This study aims to analyze the financial benefits generated from mangrove rehabilitation efforts. The research methodology combines quantitative and qualitative approaches, with data collection through field surveys, in-depth interviews with local communities, and secondary data analysis. The results of the study indicate that mangrove rehabilitation in Riding Panjang Village has increased community income through the fisheries sector, with significant economic value. In addition, efforts to diversify fisheries products and develop ecotourism have also made a positive contribution to local economic welfare. This ecosystem restoration not only provides environmental benefits through carbon sequestration and coastline protection, but also successfully reaches Break Even Point (BEP) in a short time, demonstrating the success of this project in creating sustainable financial benefits. Thus, mangrove restoration in Riding Panjang Village can be used as an effective model to support an inclusive and sustainable green economy.

Keywords: Green Economy; Financial Benefits; Mangrove Rehabilitation (search for similar items in EconPapers)
Date: 2024
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DOI: 10.2991/978-94-6463-614-7_11

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