REVIEW: ECONOMIC VALUATION TECHNIQUES FOR CONSERVATION OF NATURAL RESOURCES AND WATERSHED MANAGEMENT
Journal Title: World Journal of Pharmaceutical and life sciences - Year 2018, Vol 4, Issue 3
Abstract
One of the objectives of conservation of natural resources is to strive for environmental sustainability for the benefit of the entire community. Achieving this goal means maximizing the total economic value of a conservation area, not just financial acceptance. Natural and environmental resources have usable values that can be calculated using traditional calculation methods, indirect use values, future value and non-consumer benefits. Economic valuation techniques to determine the economic value of an area, is done by calculating the reception, the calculation of non-acceptance, market-based techniques, techniques based on cost, engineering cost of the trip, the contingent valuation method.
Authors and Affiliations
Yenni Asbur
Keywords
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