The demand of urban residents for the biodiversity conservation in U Minh Thuong National Park, Vietnam

An article investigating Mekong Delta urban households’ willingness to pay for the program of biodiversity conservation in U Minh Thuong National Park, one of the largest peat swamp forests in Vietnam. The authors use the contingent valuation method to assess households’ preferences. Logistic regression was used to predict the probability of respondents willing to pay for the conservation program. The mean willingness to pay was calculated at approximately VND16,510 ($0.78) per household per month for all respondents and about VND31,520 ($1.49) after excluding the protest zero and scenario rejecting respondents. Aggregately, Mekong Delta urban residents agreed to contribute about $10.97 million annually for the project of biodiversity conservation.