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
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 |
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Divisions: | Faculty of Economics and Management Faculty of Environmental Studies |
DOI Number: | https://doi.org/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 03:26 |
Last Modified: | 03 Aug 2017 01:59 |
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 |
Statistic Details: | View Download Statistic |
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