Use of Environment Valuation to Elevate Green Infrastructure for Sustainable Tourism in the Peri-urban lakes in India. (KEY IJP************435)

• Vasudha

Abstract

In order to carry out the environmental valuation, Travel cost method (TRAVEL COST METHOD) (TCM) was used to assess the economic and environmental use values of the lake site. With the help of a questionnaire, a survey was done. To estimate the total individual travel cost, the following Hanley and Spash equation was used: + D + F + S + . The results pertaining to GI (green infrastructure) in the lake site is obtained on the bases of survey and the responses by the respondents regarding the overall well-being and accessibility to the green-spaces within the park around the lake. The average cost of the individual or respondents was collected by using TCM on the basis of the data collected by the questionnaire method. The information for travel cost analysis requires parameters like individual transport expenditure, Entry fee, individual onsite expenditure and parking fee.