This paper estimates the economic valuation of pastures in the Kyrgyz Republic. The agriculture sector of the Kyrgyz Republic faces a challenge of pasture overgrazing by shepherds. One reason for this act is insufficient salaries of shepherds. Most shepherds of these pastures are not aware of the economic value of these natural assets. This calls for the need to estimate the economic value of the natural capital in order to recognize the benefits derived from it. This research will apply the System of Environmental-Economic Accounting (SEEA) methodology to create tables in physical and monetary units of the pasture ecosystem services and assets. The results will provide comparative effective estimations of the environmental stock and flows of the natural capital. It will further assist in analyzing the consequences, benefits and the ecological footprint in economic activities. The outcome of the results will be a platform to integrate all ecological information into a macro-economic indicator system.
Baktygul Ysabekova, University of Tsukuba, Japan
Kenichi Matsui, University of Tsukuba, Japan
This paper is part of the IICSEEHawaii2018 Conference Proceedings (View)
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