International records / OpenAlex research

Willingness-to-pay for Environmental Services Provided By Trees in Core and Fringe Areas of Benin City, Nigeria 1

Economic valuation of environmental services has emerged as a new and more direct argument and incentive for protection of trees and sustenance of environmental quality. This study's aim was to estimate the monetary value for conservation of urban trees and environmental services in Benin City, Nigeria. A Contingent Valuation Method involving a survey of 350 residents was adopted for the study. Flooding and erosion control, scenic beauty, provision of shade and regulation of local temperature received positive rankings and high scores. Thus, an average of US$1.20/month, which yielded an aggreg…