Economic value of mangrove ecosystem management in Angke Kapuk Natural Tourism Park

Conversion of mangrove land into other uses often occurs in Indonesia, including in Special Capital Region of Jakarta. One of the mangrove lands that has been successfully preserved as an ecotourism area by the Jakarta Provincial Government is the Angke Kapuk Nature Tourism Park (NTP). Besides maintaining its function as an environmental service provider, the existence of Angke Kapuk Nature Tourism Park is also directly and indirectly useful for tourists and the surrounding community. This research aims to estimate the economic value of mangrove ecosystem in Angke Kapuk Nature Tourism Park. The research method used in this research is case study, while the analytical methods used are market price approach, replacement cost, benefit transfer, and Travel Cost Method (TCM). The total economic value of mangrove ecosystem in Angke Kapuk Nature Tourism Park is IDR 17,953,418,289 per year or IDR 179,857,927 per hectare per year.