Proceedings of the 1st International Conference of Economics, Management, Accounting, and Business Digital (ICEMAB 2024)

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Verdant Economy: Financial Benefit Analysis of Mangrove Ecosystem Restoration in Riding Panjang Village, Bangka Regency

Authors
Lisma Dwi Susanti1, *, Bani Ibrahim1, Basit Sucipto1, Nizwan Zukhri1, Ari Agung Nugroho1
1Faculty of Economics and Business, Universitas Bangka Belitung, Bangka, Belitung Province, 33172, Indonesia
*Corresponding author. Email: lismadwisusanti2204@gmail.com
Corresponding Author
Lisma Dwi Susanti
Available Online 23 December 2024.
DOI
10.2991/978-94-6463-614-7_11How to use a DOI?
Keywords
Green Economy; Financial Benefits; Mangrove Rehabilitation
Abstract

Mangrove ecosystem restoration in Riding Panjang Village, Bangka Regency is an example of the implementation of a green economy that aims to achieve sustainable development. This study aims to analyze the financial benefits generated from mangrove rehabilitation efforts. The research methodology combines quantitative and qualitative approaches, with data collection through field surveys, in-depth interviews with local communities, and secondary data analysis. The results of the study indicate that mangrove rehabilitation in Riding Panjang Village has increased community income through the fisheries sector, with significant economic value. In addition, efforts to diversify fisheries products and develop ecotourism have also made a positive contribution to local economic welfare. This ecosystem restoration not only provides environmental benefits through carbon sequestration and coastline protection, but also successfully reaches Break Even Point (BEP) in a short time, demonstrating the success of this project in creating sustainable financial benefits. Thus, mangrove restoration in Riding Panjang Village can be used as an effective model to support an inclusive and sustainable green economy.

Copyright
© 2024 The Author(s)
Open Access
Open Access This chapter is licensed under the terms of the Creative Commons Attribution-NonCommercial 4.0 International License (http://creativecommons.org/licenses/by-nc/4.0/), which permits any noncommercial use, sharing, adaptation, distribution and reproduction in any medium or format, as long as you give appropriate credit to the original author(s) and the source, provide a link to the Creative Commons license and indicate if changes were made.

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Volume Title
Proceedings of the 1st International Conference of Economics, Management, Accounting, and Business Digital (ICEMAB 2024)
Series
Advances in Economics, Business and Management Research
Publication Date
23 December 2024
ISBN
978-94-6463-614-7
ISSN
2352-5428
DOI
10.2991/978-94-6463-614-7_11How to use a DOI?
Copyright
© 2024 The Author(s)
Open Access
Open Access This chapter is licensed under the terms of the Creative Commons Attribution-NonCommercial 4.0 International License (http://creativecommons.org/licenses/by-nc/4.0/), which permits any noncommercial use, sharing, adaptation, distribution and reproduction in any medium or format, as long as you give appropriate credit to the original author(s) and the source, provide a link to the Creative Commons license and indicate if changes were made.

Cite this article

risenwbib
TY  - CONF
AU  - Lisma Dwi Susanti
AU  - Bani Ibrahim
AU  - Basit Sucipto
AU  - Nizwan Zukhri
AU  - Ari Agung Nugroho
PY  - 2024
DA  - 2024/12/23
TI  - Verdant Economy: Financial Benefit Analysis of Mangrove Ecosystem Restoration in Riding Panjang Village, Bangka Regency
BT  - Proceedings of the 1st International Conference of Economics, Management, Accounting, and Business Digital (ICEMAB 2024)
PB  - Atlantis Press
SP  - 75
EP  - 83
SN  - 2352-5428
UR  - https://doi.org/10.2991/978-94-6463-614-7_11
DO  - 10.2991/978-94-6463-614-7_11
ID  - Susanti2024
ER  -