Economic valuation of green open space (GOS) as climate change mitigation

Abstract

Green open space (GOS) is an area whose use is open and dominated by vegetation. GOS in the urban landscape is needed to beautify and increase the comfort of the city. Because it is dominated by vegetation, GOS can also function to absorb CO2 gas in urban air. GOS also plays a role in mitigating climate change caused by greenhouse gas emissions. This study aims to determine the economic value of GOS in mitigating climate change in Stabat City, Langkat Regency. The method used is using the Contingent valuation method (CVM). The results showed that the economic value of GOS in mitigating climate change in Stabat City was Rp.809,099,537.04/year.