Financing an efficient adaptation programme to climate change: A contingent valuation method tested in Malaysia
– This paper assesses farmers’ willingness to pay for an efficient adaptation programme to climate change for Malaysian agriculture. We used the contingent valuation method to determine the monetary assessment of farmers’ preferences for an adaptation programme. We distributed a structured questi...
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my.iium.irep.508152017-10-21T01:17:52Z http://irep.iium.edu.my/50815/ Financing an efficient adaptation programme to climate change: A contingent valuation method tested in Malaysia Banna, Hasanul Banna Rafia, Afroz Masud, Muhammad Mehedi H Social Sciences (General) – This paper assesses farmers’ willingness to pay for an efficient adaptation programme to climate change for Malaysian agriculture. We used the contingent valuation method to determine the monetary assessment of farmers’ preferences for an adaptation programme. We distributed a structured questionnaire to farmers in Selangor, Malaysia. Based on the survey, 74% of respondents are willing to pay for the adaptation programme with several factors such as socio-economic and motivational factors exerting greater influences over their willingness to pay. However, a significant number of respondents are not willing to pay for the adaptation programme. The Malaysian government, along with social institutions, banks, NGOs, and media could come up with fruitful awareness programmes to motivate financing the programme. Financial institutions such as banks, insurances, leasing firms, etc. along with government and farmers could also donate a substantial portion for the adaptation programme as part of their corporate social responsibility (CSR) EDP Sciences 2016 Article REM application/pdf en http://irep.iium.edu.my/50815/1/50815_-_Financing_an_efficient_adaptation_programme_to_climate_change.pdf application/pdf en http://irep.iium.edu.my/50815/4/50815_Financing%20an%20efficient%20adaptation%20programme_scopus.pdf Banna, Hasanul Banna and Rafia, Afroz and Masud, Muhammad Mehedi (2016) Financing an efficient adaptation programme to climate change: A contingent valuation method tested in Malaysia. Cahiers Agricultures, 25 (2). pp. 1-8. ISSN 1166-7699 http://www.cahiersagricultures.fr/ 10.1051/cagri/2016014 |
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H Social Sciences (General) Banna, Hasanul Banna Rafia, Afroz Masud, Muhammad Mehedi Financing an efficient adaptation programme to climate change: A contingent valuation method tested in Malaysia |
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– This paper assesses farmers’ willingness to pay for an efficient adaptation programme to
climate change for Malaysian agriculture. We used the contingent valuation method to determine the
monetary assessment of farmers’ preferences for an adaptation programme. We distributed a structured
questionnaire to farmers in Selangor, Malaysia. Based on the survey, 74% of respondents are willing to pay
for the adaptation programme with several factors such as socio-economic and motivational factors exerting
greater influences over their willingness to pay. However, a significant number of respondents are not willing
to pay for the adaptation programme. The Malaysian government, along with social institutions, banks,
NGOs, and media could come up with fruitful awareness programmes to motivate financing the programme.
Financial institutions such as banks, insurances, leasing firms, etc. along with government and farmers could
also donate a substantial portion for the adaptation programme as part of their corporate social responsibility
(CSR) |
format |
Article |
author |
Banna, Hasanul Banna Rafia, Afroz Masud, Muhammad Mehedi |
author_facet |
Banna, Hasanul Banna Rafia, Afroz Masud, Muhammad Mehedi |
author_sort |
Banna, Hasanul Banna |
title |
Financing an efficient adaptation programme to climate change: A contingent valuation method tested in Malaysia |
title_short |
Financing an efficient adaptation programme to climate change: A contingent valuation method tested in Malaysia |
title_full |
Financing an efficient adaptation programme to climate change: A contingent valuation method tested in Malaysia |
title_fullStr |
Financing an efficient adaptation programme to climate change: A contingent valuation method tested in Malaysia |
title_full_unstemmed |
Financing an efficient adaptation programme to climate change: A contingent valuation method tested in Malaysia |
title_sort |
financing an efficient adaptation programme to climate change: a contingent valuation method tested in malaysia |
publisher |
EDP Sciences |
publishDate |
2016 |
url |
http://irep.iium.edu.my/50815/1/50815_-_Financing_an_efficient_adaptation_programme_to_climate_change.pdf http://irep.iium.edu.my/50815/4/50815_Financing%20an%20efficient%20adaptation%20programme_scopus.pdf http://irep.iium.edu.my/50815/ http://www.cahiersagricultures.fr/ |
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13.18916 |