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Estimate the conservation value of biodiversity in national heritage site: a case of Forest Research Institute Malaysia


Citation

Abdullah, Mukrimah and Mamat, Mohd Parid and Yaacob, Mohd Rusli and Radam, Alias and Lim, Hin Fui (2015) Estimate the conservation value of biodiversity in national heritage site: a case of Forest Research Institute Malaysia. Procedia Environmental Sciences, 30. pp. 180-185. ISSN 1878-0296

Abstract / Synopsis

Forest Research Institute Malaysia (FRIM) offers a variety of forest ecosystem services such as biodiversity conservation, recreation, ecotourism and nature-environmental education. These services are limited in supply and may lead to the reduction if resources are not managed and conserved well. Conservation of biodiversity is one of the efforts to ensure sustainability of biodiversity. The study was conducted in 2014 to value willingness to pay (WTP) for conserving biodiversity at FRIM among residents of Selangor. This study found the mean WTP ranges from RM53.24 to RM67.22, which could contribute annual revenue ranged from RM66.3 million to RM83.8 million.


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Additional Metadata

Item Type: Article
Divisions: Faculty of Economics and Management
Faculty of Environmental Studies
DOI Number: 10.1016/j.proenv.2015.10.032
Publisher: Elsevier
Keywords: Biodiversity conservation; Economic valuation; Contingent valuation (CVM); Willingness to pay (WTP); National heritage site
Depositing User: Mas Norain Hashim
Date Deposited: 03 May 2016 11:26
Last Modified: 03 Aug 2017 09:59
Altmetrics: http://www.altmetric.com/details.php?domain=psasir.upm.edu.my&doi=10.1016/j.proenv.2015.10.032
URI: http://psasir.upm.edu.my/id/eprint/43042
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