Evaluation of Regulating and Provisioning Services Provided by a Park Designed to Be Resilient to Climate Change in Bangkok, Thailand

Understanding the ecosystem services provided by urban green spaces, in terms of their environmental, economic, and social benefits, is essential for a better management of area. Chulalongkorn University Centenary Park (CU 100) was established to mitigate the effects of climate change, especially flood prevention. This study focused on quantifying the ecosystem services provided by the trees in the park in terms of regulating and provisioning services. A publicly available tool, the i-Tree Eco international software, was used with data obtained from a local weather station as proxies to determine the accuracy of the analysis. Services, quantified in terms of monetary value, included avoided runoff, carbon storage, carbon sequestration, pollution removal, and timber price. The total monetary benefits, obtained from 697 trees (56 species, 49 genera, and 22 families), were estimated at USD 101,400. Of the total services, provisioning services contributed 75% to the total monetary value. Among all regulating services, the avoided runoff contributed about 60%, which was considered as the goal achieved by the park design. Azadirachta indica A. Juss (USD 518.75/tree−1/year−1), Shorea roxburghii G. Don (USD 417.17/tree−1/year−1) and Millettia leucantha Kurz (USD 414.87/tree−1/year−1) provided the greatest benefit, as indicated by a high value of provisioning services in terms of a high timber quality. These results can be used when planning the composition of trees to be planted in urban areas to increase both green spaces and maximize ecosystem services to improve the vitality of human well-being