Economic Analysis for Sustainable Management of Marine Protected Areas in Ujung Kulon National Park (UKNP)

A comprehensive economic analysis reveals that Ujung Kulon National Park's Marine Conservation Area (MCA) holds significant economic potential, with a total value of IDR2.6 trillion from its mangrove and coral reef ecosystems. Financial and economic feasibility studies demonstrate strong viability, with Net Present Values exceeding zero, Net Benefit/Cost ratios above 19, and Internal Rates of Return surpassing the Minimum Attractive Rate of Return (MARR) by nearly 40%. These findings underscore the MCA's practicality in enhancing local economic well-being while supporting sustainable management practices. The study employed survey research, overall economic valuation, and financial/economic feasibility analysis to quantify these benefits.

Suparyana, S., Fauzi, A., Kusumastanto, T., Yulianto, G.,. (2023). Economic Analysis for Sustainable Management of Marine Protected Areas in Ujung Kulon National Park (UKNP). Economic and Social of Fisheries and Marine Journal, 011(01), 28–39. https://doi.org/10.21776/ub.ecsofim.2023.011.01.03