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MONETARY VALUATION BY APPLYING PENALTY RATE ON BIRD POPULATION AT KENYIR LAKE RAINFOREST, MALAYSIA

A variety of methods have been used by researchers to monetise the value of birds in the forest ecosystem. In this study, a valuation method based on fines and penalty rate imposed on poachers or individuals who commit offenses that contribute to the destruction of wildlife of birds listed under Mal...

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Main Authors: Jaafar M.N., Malek M.A., Salim J.M.
Other Authors: 57226840865
Format: Article
Published: Universiti Malaysia Terengganu 2023
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spelling my.uniten.dspace-265052023-05-29T17:11:17Z MONETARY VALUATION BY APPLYING PENALTY RATE ON BIRD POPULATION AT KENYIR LAKE RAINFOREST, MALAYSIA Jaafar M.N. Malek M.A. Salim J.M. 57226840865 55636320055 6507940805 A variety of methods have been used by researchers to monetise the value of birds in the forest ecosystem. In this study, a valuation method based on fines and penalty rate imposed on poachers or individuals who commit offenses that contribute to the destruction of wildlife of birds listed under Malaysia Wildlife Conservation Act 2010 has been used to estimate monetary value of bird population study conducted at Kenyir rainforest. For the purpose of this study, secondary data on bird population recorded at Kenyir rainforest was used. The result suggests that monetary value of birds in the study area was estimated to be in the MYR 2.07 million to MYR 6.9 million range. The exercise of converting the direct value of birds in monetary terms is important to assist in the determination of the value of wildlife in the eyes of the Malaysian law and its people to make them more appreciative of the value of wildlife in the forest ecosystem. � 2021 Penerbit UMT. All Rights Reserved. Final 2023-05-29T09:11:17Z 2023-05-29T09:11:17Z 2021 Article 10.46754/JSSM.2021.07.012 2-s2.0-85112859416 https://www.scopus.com/inward/record.uri?eid=2-s2.0-85112859416&doi=10.46754%2fJSSM.2021.07.012&partnerID=40&md5=eff72686a39590d45665786da4415693 https://irepository.uniten.edu.my/handle/123456789/26505 16 5 164 173 All Open Access, Bronze Universiti Malaysia Terengganu Scopus
institution Universiti Tenaga Nasional
building UNITEN Library
collection Institutional Repository
continent Asia
country Malaysia
content_provider Universiti Tenaga Nasional
content_source UNITEN Institutional Repository
url_provider http://dspace.uniten.edu.my/
description A variety of methods have been used by researchers to monetise the value of birds in the forest ecosystem. In this study, a valuation method based on fines and penalty rate imposed on poachers or individuals who commit offenses that contribute to the destruction of wildlife of birds listed under Malaysia Wildlife Conservation Act 2010 has been used to estimate monetary value of bird population study conducted at Kenyir rainforest. For the purpose of this study, secondary data on bird population recorded at Kenyir rainforest was used. The result suggests that monetary value of birds in the study area was estimated to be in the MYR 2.07 million to MYR 6.9 million range. The exercise of converting the direct value of birds in monetary terms is important to assist in the determination of the value of wildlife in the eyes of the Malaysian law and its people to make them more appreciative of the value of wildlife in the forest ecosystem. � 2021 Penerbit UMT. All Rights Reserved.
author2 57226840865
author_facet 57226840865
Jaafar M.N.
Malek M.A.
Salim J.M.
format Article
author Jaafar M.N.
Malek M.A.
Salim J.M.
spellingShingle Jaafar M.N.
Malek M.A.
Salim J.M.
MONETARY VALUATION BY APPLYING PENALTY RATE ON BIRD POPULATION AT KENYIR LAKE RAINFOREST, MALAYSIA
author_sort Jaafar M.N.
title MONETARY VALUATION BY APPLYING PENALTY RATE ON BIRD POPULATION AT KENYIR LAKE RAINFOREST, MALAYSIA
title_short MONETARY VALUATION BY APPLYING PENALTY RATE ON BIRD POPULATION AT KENYIR LAKE RAINFOREST, MALAYSIA
title_full MONETARY VALUATION BY APPLYING PENALTY RATE ON BIRD POPULATION AT KENYIR LAKE RAINFOREST, MALAYSIA
title_fullStr MONETARY VALUATION BY APPLYING PENALTY RATE ON BIRD POPULATION AT KENYIR LAKE RAINFOREST, MALAYSIA
title_full_unstemmed MONETARY VALUATION BY APPLYING PENALTY RATE ON BIRD POPULATION AT KENYIR LAKE RAINFOREST, MALAYSIA
title_sort monetary valuation by applying penalty rate on bird population at kenyir lake rainforest, malaysia
publisher Universiti Malaysia Terengganu
publishDate 2023
_version_ 1806428131911794688
score 13.211869

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