Quantifying the Economic Benefits of Supporting Ecosystem Services: A Case Study of the Sitakunda Botanical Garden and Ecopark, Bangladesh
DOI:
https://doi.org/10.36808/if/2026/v152i5/171134Keywords:
Economic valuation, Forest biodiversity, Nutrient recycling, Protected areas, Soil health.Abstract
This study quantifies the economic value of supporting ecosystem services provided by the Sitakunda Botanical Garden and Ecopark (SBGEP) in Bangladesh. Employing a combination of productivity replacement and direct cost methods, the research assesses the contributions of pollination, nutrient recycling, pest and disease control, forest biodiversity, seed dispersal, and soil nutrition to local livelihoods and ecosystem health. Results indicate that these services collectively contribute BDT 111.70 million (USD 1.18 million) annually to the regional economy. This research underscores the economic significance of protected areas and emphasizes the need for their effective management. The findings provide valuable insights for policymakers and conservation practitioners seeking to integrate ecosystem services into decision making processes.
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