Segregating direct and indirect dimensions in ecosystem services valuation: The case of a coastal wetland ecosystem of south india
Direct-use value; Ecosystem services; Indirect-use value; Travel cost method; Wetland
This paper provides insights into the multiple (direct and indirect) benefits of Kuttanad coastal wetland ecosystem in Kerala. Total annual direct ecosystem services generated from the wetlands are INR 8.45 billion or USD 0.11 billion per annum at 2020 prices. The estimates of the case study indicate that the annual value of indirect ecosystem services is thrice of direct provisioning services (Rs 22.52 billion or USD 0.31 billion per annum at 2020 prices). The valuation study would improve the knowledge and awareness of economic importance of wetland ecosystems among the various stakeholders including the policy makers of the society and their sustainable management to benefit the society. 2021 Ecological Society of India. All rights reserved.
Indian Journal of Ecology, Vol-48, No. 1, pp. 177-183.
Sulakshana Rao C., Department of Economics, Christ Deemed to be University, Delhi NCR, 201 003, India, Department of Agricultural Economics, Tamil Nadu Agricultural University, Tamil Nadu, 606 753, India; Balasubramanian R., Department of Economics, Christ Deemed to be University, Delhi NCR, 201 003, India, Department of Agricultural Economics, Tamil Nadu Agricultural University, Tamil Nadu, 606 753, India