Journal of International Conference Proceedings
Vol 7, No 5 (2024): 2024 ICPM Bali Proceeding

Analysis of Socioeconomic and Ecological Factors Affecting Willingness to Pay in the Glintung Go Green Environmental Conservation Initiative

Muljaningsih, Sri (Unknown)
Ekawaty, Marlina (Unknown)
Anggraini, Ika Khusnia (Unknown)
Galuh, Ajeng Kartika (Unknown)



Article Info

Publish Date
26 Feb 2025

Abstract

This study examines the impact of socioeconomic and ecological factors on the Willingness to Pay (WTP) for environmental conservation within the Glintung Go Green initiative. The research analyzes key variables, including income , education , employment status , age ), gender , length of residency , flood frequency , and flood impact , to understand their influence on WTP. Using Smart-PLS, the results show that income, education, and employment status positively affect social and ecological factors, which in turn significantly influence WTP (coefficient = 0.533). However, age and length of residency display a negative relationship, suggesting that younger and more recent residents may be more willing to contribute to conservation efforts. This study highlights the importance of socioeconomic improvements to enhance community readiness for supporting environmental initiatives. The findings provide valuable insights for policymakers aiming to promote sustainable practices in urban communities, particularly by leveraging socioeconomic and ecological factors that motivate financial contributions to conservation projects like Glintung Go Green.Keywords: "Glintung Go Green"; "Willingness to Pay"; "Socioeconomic factors"; "Ecological factors"; "Environmental conservation".

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Journal Info

Abbrev

JICP

Publisher

Subject

Humanities Decision Sciences, Operations Research & Management Electrical & Electronics Engineering Industrial & Manufacturing Engineering Languange, Linguistic, Communication & Media

Description

JICP is proceedings series that aims to publish proceedings from conferences, in the fields of economics, business, and management research. All proceedings in this website are open access, which means the published articles are permanently free to read, download, copy, and distribute. The online ...