Economic Valuation of Mangrove Forest at Taman Ayu Village, West Lombok Regency

Abstract

Research regarding economicvaluation of mangrove forest in Taman Ayu Village, West Lombok Regency has been conducted. The purposes of this research were to calculate and analyze economic value of benefit from mangrove foresteco system. Collecting data was conducted through observations and interviews. Results of direct benefit economic value wereobtained fromdirect exploitation by local comunity. Direct value benefit of mangrove forest were Rp. 227.040.000/year. Indirect value benefit obtained frome cosystem service of mangrove forest with a value Rp.1.405.041.200/year. Existence value benefit was obtained by using method of CVM (Contingent Valuation Method)with a value Rp. 1.520.000/year. Option value benefit was obtained from biodiversity value with a valuewere Rp.1.200.000/year. Total Economic Value (TEV) of forest mangrove in Taman Ayu Village were Rp. 1.634.801.200/year.