Willingness to pay for protecting natural environments in Pulau Redang Marine Park, Malaysia

Although marine parks, national parks, wildlife sanctuaries and reserves are established to conserve biodiversity and enhance ecotourism, some of the country’s protected areas are under threat whether at varying degree. The biggest threat arises from human encroachment. To rescue these resources, ap...

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Bibliographic Details
Main Authors: Mamat, Mohd Parid, Yacob, Mohd Rusli, Radam, Alias, Abd. Ghani, Awang Noor, Lim, Hin Fui
Format: Article
Language:English
Published: Academic Journals 2013
Online Access:http://psasir.upm.edu.my/id/eprint/28386/1/28386.pdf
Description
Summary:Although marine parks, national parks, wildlife sanctuaries and reserves are established to conserve biodiversity and enhance ecotourism, some of the country’s protected areas are under threat whether at varying degree. The biggest threat arises from human encroachment. To rescue these resources, appropriate conservation strategy must be put in place. This requires proper valuation of the environment. Taking Pulau Redang Marine Park (PRMP) as a case, information on people’s willingness to pay (WTP) to protect the environment was gathered. Using the dichotomous-choice contingent-valuation method (CVM), it was found that the recreationists are willing to protect the park. The study showed that the average WTP ranged between RM 10.86 and RM 28.69 that could contribute between RM 1.65 million and RM 4.36 million in aggregate for the year 2008.