Estimate the Economic Value of the Ecosystem Services: The Case of Forest Landscape Conservation in Malaysia

Author(s)	Mohd Rusli Yacob, Mohd Parid Mamat, Mukrimah Abdullah, Regina Mariah Jong, Huda Farhana Muhamad Muslim, Faten Naseha Tuan Hussain
Country	Malaysia
Abstract	This study aimed to estimate the economic value of environmental services and to establish the Payment for Ecosystem Services (PES) scheme for the local communities in Janda Baik as financial incentives to be involved in environmental conservation. The contingent evaluation method (CVM) that involved double-bounded dichotomous choice was used in this study
Keywords	Willingness to Pay, Contingent Valuation Method, Ecosystem Services, Ecotourism, Forests
Field	Sociology > Economics
Published In	Volume 4, Issue 6, November-December 2022
Published On	2022-12-15
Cite This	Estimate the Economic Value of the Ecosystem Services: The Case of Forest Landscape Conservation in Malaysia - Mohd Rusli Yacob, Mohd Parid Mamat, Mukrimah Abdullah, Regina Mariah Jong, Huda Farhana Muhamad Muslim, Faten Naseha Tuan Hussain - IJFMR Volume 4, Issue 6, November-December 2022. DOI 10.36948/ijfmr.2022.v04i06.1185
DOI	https://doi.org/10.36948/ijfmr.2022.v04i06.1185
Short DOI	https://doi.org/grh2wp

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