Monetizing Cultural Ecosystem Services in Gyeonggi-do: Recreation and Welfare Benefits

Forest edges, which serve as transition zones between forests and adjacent land cover types, are essential for providing wildlife habitats and delivering a range of ecosystem services, including cultural benefits such as recreation and welfare for people. This study evaluates the economic value of these cultural ecosystem services (CESs) in Gyeonggi-do, South Korea. Despite increasing development pressures driven by urban expansion, the social and ecological significance of forest edges remains underexplored. By applying travel cost and medical expense substitution methods, this study estimates the economic value of cultural ecosystem services, specifically forest recreation, at approximately KRW 65 billion, and the forest healing function at around KRW 896.5 billion across Gyeonggi-do. These results highlight the need for balanced planning and development regulations to safeguard forest edges and sustain their contributions to public health and well-being. By revealing the hidden social value of these cultural ecosystem services, this study aims to guide policies that promote sustainable land use and improve the quality of life for residents in rapidly urbanizing areas.