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Using Contingent Valuation Method To Estimate The WTP For Mangrove Restoration Under The Context Of Climate Change: A Case Study Of Thi Nai Lagoon, Quy Nhon City, Vietnam | 27020
ISSN: 2155-9910
Journal of Marine Science: Research & Development
Open Access
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Using contingent valuation method to estimate the WTP for mangrove restoration under the context of climate change: A case study of Thi Nai lagoon, Quy Nhon city, Vietnam
Mangroves in Thi Nai lagoon have typically provided different values for local communities. This study examines the
factors influencing on the willingness to pay (WTP) of respondents for mangrove restoration in Thi Nai lagoon, Quy
Nhon city, Binh Dinh province, Vietnam. A contingent valuation survey was employed in order to estimate the willingness to
pay for mangrove restoration under the context of climate change. Findings showed that local awareness of the importance
of the values given by mangroves was popularized among local communities. Noticeably, regression results indicated that
respondents who consider the future climate scenario is severe are willing to pay more for mangrove restoration. In addition,
households with permanent housing condition or whose livelihoods have greater dependence on the mangroves are willing to
have higher contribution for mangrove restoration. The study suggests that local awareness of the mangroves importance, as
well as the necessity of mangrove protection and restoration, should be publicly enhanced in the context of climate change and
urbanization. Since mangroves can make significant contribution to reduce climate change impacts, the urban expansion plan
of Quy Nhon city should be carefully considered as it can influence the existence of the mangroves in the long term.
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