Analyzing the Eco-Compensation for Ecosystem Services in Fisheries and Solar Power Symbiosis Areas

Conference: The Asian Conference on Business & Public Policy (ACBPP2021)
Title: Analyzing the Eco-Compensation for Ecosystem Services in Fisheries and Solar Power Symbiosis Areas
Stream: Agricultural and Natural Resource Economics; Environmental and Ecological Economics
Presentation Type: Virtual Presentation
Authors:
Han-Shen Chen, Chung Shan Medical University, Taiwan
Hung-Yu Kuo, Chung Shan Medical University, Taiwan

Abstract:

To achieve the objective of building a "nonnuclear home" by 2025, the government of Taiwan has been actively developing the subsets of renewable energy, i.e., low-carbon and green energy, for carbon reduction. However, the active development of green power by the government may impact and destruct the ecological environment. This study selects the fishery and electricity symbiosis project in Cigu, Tainan, as the empirical objective to provide a better evaluation and analysis on the trade-offs between ecological conservation, marine fisheries, and green power development. The study employs the theory of planned behavior (TPB) and the contingent valuation method (CVM) to analyze the factors influencing the local residents’ behavioral intentions to safeguard ecological achievements in ecologically fragile areas through conservation trust funds. A total of 805 questionnaires were distributed, and 715 were considered to be valid after deducting the invalid ones, with a recovery rate of 88.9%. The study results showed that attitudes (ATT), subjective norms (SN), perceived behavioral control (PBC), environmental concern (EC), and environmental risk (ER) have significantly influence the behavioral intention to pay eco-compensation fees; the local residents’ willingness to pay for the conservation trust funds was NT$621.4/year, and it decreased to NT$545.9/year after the implementation of fishery and electricity symbiosis. The drivers of ATT, SN, PBC, EC, and ER can be used by policy makers to direct local residents’ intentions and behaviors toward conserving ecological achievements in fragile eco-environmental areas through payments for ecosystem services. Thus, this strategy can improve the sustainability of ecological and environmental restoration programs.



Virtual Presentation


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