Review on Economic valuation and conservation of national park of Ethiopia

Ethiopia is endowed with various cultural and natural attractions from the tops of the rugged Simien Mountains to the depths of the Danakil Depression. About 14% of the total land area of country is covered by officially defined protected areas and national parks for wildlife and forest. National parks play an integral role in the conservation and preservation of biodiversity and the provision of other benefits associated with the maintenance of ecological integrity currently the most crucial policy poser in Ethiopia is sustainability and conservation of environmental resources, for their economic valuation is an effective operational tool for designing policies in relation to their sustainable use. When a market for a certain good is suitably competitive, economic behavior can be studied all the way through the market-pricing instruments but in the case of natural resource and environmental goods and services, non-marketing approach like travel cost method and willingness to pay are particular methods of economic valuation of national parks. In Ethiopia 6.8% national GDP gain by tourism and consecutively Ecotourism is on the progresses of development for the nation. The core aim of this review to provides analytical opportunities from the perspectives of conserving national park and the development tourism industry and tourism entrepreneurship. Therefore, both government and non government organization of Ethiopia has recognized development and promotion of ecotourism and provided consultancy services for conserve and potentially developers of ecotourism sites. Increasing the awareness of local communities and around attraction area towards ecotourism or nature tourism is very important.