Undergraduate Research Project
Permanent URI for this collectionhttps://hdl.handle.net/20.500.14583/29
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Item Economic valuation of seagrasses in Nueva Valencia, Guimaras: A contingent valuation studyBundal, Kristine Shiela Mae B.; Taperla, Roald Ray B. (Division of Social Sciences, College of Arts and Sciences, University of the Philippines Visayas, 2015-06)This study assessed the willingness of the residents of Guimbal, Iloilo, to pay for the conservation of seagrasses in Nueva Valencia, Guimaras. The study was conducted to find solutions to the problem of growing seagrass decline in the area. The lack of necessary policies or programs and conservation financing, that would protect and improve the integrity of the resource are putting a lot of pressure not only on the associate resources, but also on the livelihood of the people who are dependent on the resource. The contingent valuation method (CVM) was used to elicit people’s willingness-to-pay to contribute to a conservation trust fund for the protection and improvement of the state of the estimated 20- hectare area of seagrasses in Barangay Tando. It has been under serious threats of rapid decline ever since the occurrence of the 2006 M/T Solar-1 oil spill, which also affected the area. The study found out that 89.32% of the respondents would be willing to pay to support the conservation of the seagrass ecosystem. The study also found out that the primary motivation behind the willingness-to-pay of the respondents was their concern for the benefit of future generations. In addition, based on the people’s WTP, an estimated amount of PHP 900,917.64 could be raised annually to fund or support the conservation of the seagrasses and its associate resources in Barangay Tando. Given this potential source of revenue, the residents preferred a payment collection scheme through additional taxes on property or utility bills like electricity bill. Furthermore, this study reveals pertinent socioeconomic and conservation financing implications that need to be considered in managing seagrass resources.Item Cost analysis of coral gardening in Bato Bukay MPA, Guimbal, IloiloAcob, Philina Riva L.; Rojas, Jan Katherine C. (Division of Biological Sciences, College of Arts and Sciences, University of the Philippines Visayas, 2016-06)This study analyzes the costs of coral gardening in Bato Bukay MPA in Guimbal. Iloilo. Cognizant of the degradation of their coastal areas and fisheries, the community of Bgy Nalundan, where the marine protected area is located, sought to find solution through marine conservation and coral gardening. Being the habitat and breeding grounds of fishes, coral reefs are one of the most important natural resources that people must protect. Hence, several projects were implemented to propagate the establishment of Marine Protected Areas such as the deployment of artificial reefs and coral gardening activities. Costs of coral gardening in the site were estimated using key informant interviews with individuals who were involved with or who were knowledgeable on the establishment and maintenance of the project, and from secondary sources, thereby enabling the computation of the total costs. A survey of randomly selected participants that included Contingent Valuation Method was conducted in barangays Nalundan, Calampitao and Cabubugan, to determine the socio-economic profile and estimate the local community support through their willingness-to-pay and willingness to support in kind. Proportional sampling formula, adjusted to small population was used to determine the number of these participants across the barangays. The total cost for coral gardening on its first year was estimated as Php 336.684 combining all the fixed, variable and opportunity costs incurred. Out of the total costs, 40% amounted as fixed costs, while 33% were variable costs, and 27% constituted opportunity costs. More people were willing to pay in-kind by volunteering than to pay in monetary terms for the project’s fund for sustainability.
