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ECOSYSTEM SERVICES IN THE FORMER ARAL SEA AREA: APPROACHES TO ECONOMIC VALUATION

📘 Volume 13 📄 Issue 5 📅 june 2025

👤 Authors

Umidjan R. Nazarkulov 1
1. Tashkent State University of Economics, Tashkent, Department of theoretical economics, Uzbekistan

📄 Abstract

The degradation of the Aral Sea has led to significant ecological, economic, and social transformations across Central Asia. In recent years, the need to assess and restore ecosystem services in the former Aral Sea region has become a strategic priority. This paper explores theoretical frameworks and practical approaches to the economic valuation of ecosystem services in this ecologically sensitive area. Emphasis is placed on methods such as contingent valuation, benefit transfer, and ecosystem accounting. By analyzing local environmental conditions, stakeholder needs, and regional policy frameworks, the study provides a structured approach to quantifying the economic value of biodiversity, climate regulation, soil fertility, and other critical ecosystem functions. The findings aim to support sustainable development initiatives, environmental compensation mechanisms, and policy decision-making in the region.

🏷️ Keywords

Environmental Degradation Sustainable Development Contingent Valuation Ecosystem Accounting Central Asia

📚 How to Cite:

Umidjan R. Nazarkulov , ECOSYSTEM SERVICES IN THE FORMER ARAL SEA AREA: APPROACHES TO ECONOMIC VALUATION , Volume 13 , Issue 5, june 2025, EPRA International Journal of Climate and Resource Economic Review (CRER) ,

🔗 PDF URL

https://cdn.epratrustpublishing.com/article/202506-05-022376.pdf

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