The importance of economic valuation for conservation in Lower Kinabatangan Segama Wetland, Sabah

Lower Kinabatangan Segama Wetland consists of three Permanent Forest Reserve covered a total area approximately 78,803 Ha. Situated in the eastern coast of Sabah and manage by Sabah Forestry Department, LKSW has been designated as Ramsar Site in 2008. The natural ecosystem in LKSW comprised of mangr...

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Main Authors: Muhamad Ali, Abdul Hamid, Mohammad Afandi, Syamsul Herman, Shuib, Ahmad, Ramachandran, Sridar, Tukiman, Husin
Format: Conference or Workshop Item
Language:English
Published: Institut Kajian Dasar Pertanian dan Makanan, Universiti Putra Malaysia 2015
Online Access:http://psasir.upm.edu.my/id/eprint/40968/
http://psasir.upm.edu.my/id/eprint/40968/1/40968.pdf
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author Muhamad Ali, Abdul Hamid
Mohammad Afandi, Syamsul Herman
Shuib, Ahmad
Ramachandran, Sridar
Tukiman, Husin
author_facet Muhamad Ali, Abdul Hamid
Mohammad Afandi, Syamsul Herman
Shuib, Ahmad
Ramachandran, Sridar
Tukiman, Husin
author_sort Muhamad Ali, Abdul Hamid
building UPM Institutional Repository
collection Online Access
description Lower Kinabatangan Segama Wetland consists of three Permanent Forest Reserve covered a total area approximately 78,803 Ha. Situated in the eastern coast of Sabah and manage by Sabah Forestry Department, LKSW has been designated as Ramsar Site in 2008. The natural ecosystem in LKSW comprised of mangrove and peat swamp vegetation, wet grassland on peat and brackish; it provides habitat to various species of fauna and flora. Villages within and adjacent to LKSW are also depends on the resources available for their livelihood and sustenance. The uniqueness of biodiversity attractions has its potential for ecotourism industry from local and international visitors. The resources in LKSW have its economic important in terms of market value and non-market value creating a significant need for economic assessment. Economic valuation is a powerful tool for quantifying economics importance of wetlands in conservation and development planning. It also aims to quantify the benefits that people obtain from the wetland ecosystem goods and services. This makes them comparable with other economy sector when investments are being appraised and activities are planned. Hence, limited information about wetland values, misallocation of resources substantially can be occurred and immense economic costs will often incurred. This paper will briefly highlight the importance of determination of market and non market value and valuation method approaches for LKSW.
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spelling upm-409682016-07-28T04:02:14Z http://psasir.upm.edu.my/id/eprint/40968/ The importance of economic valuation for conservation in Lower Kinabatangan Segama Wetland, Sabah Muhamad Ali, Abdul Hamid Mohammad Afandi, Syamsul Herman Shuib, Ahmad Ramachandran, Sridar Tukiman, Husin Lower Kinabatangan Segama Wetland consists of three Permanent Forest Reserve covered a total area approximately 78,803 Ha. Situated in the eastern coast of Sabah and manage by Sabah Forestry Department, LKSW has been designated as Ramsar Site in 2008. The natural ecosystem in LKSW comprised of mangrove and peat swamp vegetation, wet grassland on peat and brackish; it provides habitat to various species of fauna and flora. Villages within and adjacent to LKSW are also depends on the resources available for their livelihood and sustenance. The uniqueness of biodiversity attractions has its potential for ecotourism industry from local and international visitors. The resources in LKSW have its economic important in terms of market value and non-market value creating a significant need for economic assessment. Economic valuation is a powerful tool for quantifying economics importance of wetlands in conservation and development planning. It also aims to quantify the benefits that people obtain from the wetland ecosystem goods and services. This makes them comparable with other economy sector when investments are being appraised and activities are planned. Hence, limited information about wetland values, misallocation of resources substantially can be occurred and immense economic costs will often incurred. This paper will briefly highlight the importance of determination of market and non market value and valuation method approaches for LKSW. Institut Kajian Dasar Pertanian dan Makanan, Universiti Putra Malaysia 2015 Conference or Workshop Item PeerReviewed application/pdf en http://psasir.upm.edu.my/id/eprint/40968/1/40968.pdf Muhamad Ali, Abdul Hamid and Mohammad Afandi, Syamsul Herman and Shuib, Ahmad and Ramachandran, Sridar and Tukiman, Husin (2015) The importance of economic valuation for conservation in Lower Kinabatangan Segama Wetland, Sabah. In: International Conference on Natural Resources, Tourism and Services Management 2015, 14-16 Apr. 2015, Hotel Promenade, Kota Kinabalu, Sabah. (pp. 396-398). http://www.ikdpm.upm.edu.my/dokumen/IKDPM_Proceeding_ICNTS2015.pdf
spellingShingle Muhamad Ali, Abdul Hamid
Mohammad Afandi, Syamsul Herman
Shuib, Ahmad
Ramachandran, Sridar
Tukiman, Husin
The importance of economic valuation for conservation in Lower Kinabatangan Segama Wetland, Sabah
title The importance of economic valuation for conservation in Lower Kinabatangan Segama Wetland, Sabah
title_full The importance of economic valuation for conservation in Lower Kinabatangan Segama Wetland, Sabah
title_fullStr The importance of economic valuation for conservation in Lower Kinabatangan Segama Wetland, Sabah
title_full_unstemmed The importance of economic valuation for conservation in Lower Kinabatangan Segama Wetland, Sabah
title_short The importance of economic valuation for conservation in Lower Kinabatangan Segama Wetland, Sabah
title_sort importance of economic valuation for conservation in lower kinabatangan segama wetland, sabah
url http://psasir.upm.edu.my/id/eprint/40968/
http://psasir.upm.edu.my/id/eprint/40968/
http://psasir.upm.edu.my/id/eprint/40968/1/40968.pdf