Estimating farmers' willingness to pay for climate change adaptation: the case of the Malaysian agricultural sector.

Abstract:

:This paper estimates Malaysian farmers' willingness to pay (WTP) for a planned adaptation programme for addressing climate issues in the Malaysian agricultural sector. We used the contingent valuation method (CVM) for a monetary valuation of farmers' preferences for a planned adaptation programme by ascertaining the value attached to address climatic issues in the Malaysian agricultural sector. Structured questionnaires were distributed among the sampled farmers. The study found that 74 % of respondents were willing to pay for a planned adaptation programme and that several socioeconomic and motivation factors have greater influence on their WTP. This paper clearly specifies the steps needed for all institutional bodies to better address issues in climate change. The outcomes of this paper will support policy makers to better design an efficient adaptation framework for adapting to the adverse impacts of climate change.

journal_name

Environ Monit Assess

authors

Masud MM,Junsheng H,Akhtar R,Al-Amin AQ,Kari FB

doi

10.1007/s10661-014-4254-z

subject

Has Abstract

pub_date

2015-02-01 00:00:00

pages

38

issue

2

eissn

0167-6369

issn

1573-2959

journal_volume

187

pub_type

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