Total economic value of marine ecosystem service in Malaysia: a review / Wan Nur Ayuni Wan Ab Rashid, Junainah Mohamad and Mohd Azhar Hamzah
The marine ecosystem service in Malaysia offers wealth benefits, including fisheries resources, ecotourism, coastal protection, climate regulation, and nutrient recycling. However, the failure to impute the price of ecosystem services (ES) in marine ecosystem service would result in a misguided poli...
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my.uitm.ir.1002902024-08-12T14:03:08Z https://ir.uitm.edu.my/id/eprint/100290/ Total economic value of marine ecosystem service in Malaysia: a review / Wan Nur Ayuni Wan Ab Rashid, Junainah Mohamad and Mohd Azhar Hamzah bej Wan Ab Rashid, Wan Nur Ayuni Mohamad, Junainah Hamzah, Mohd Azhar Sea. Marine ecology. Ocean ecology The marine ecosystem service in Malaysia offers wealth benefits, including fisheries resources, ecotourism, coastal protection, climate regulation, and nutrient recycling. However, the failure to impute the price of ecosystem services (ES) in marine ecosystem service would result in a misguided policy, and society would be detrimental as a result of the misallocation of resources. The full potential of these services has not been fully quantified in economic terms. This paper reviews the suitable indicators pertinent to a Total Economic Value (TEV) of marine ecosystem service to propose a conceptual framework for the TEV of marine ecosystem service in Malaysia. We conduct a comprehensive review of the marine ecosystem service components (2018–2023) of literature. Studies are categorised based on the TEV and ES components they refer to, as well as the different approaches to the use of ecosystems. This review aims to establish a standard for future research on the TEV of marine ecosystem services, as there is a lack of studies on this topic, and to raise community awareness of the value of protecting natural resources, inform policymakers, and aid in cost-benefit assessments of initiatives. The data will help demonstrate the benefits of protecting marine ecosystem services. UiTM Press 2024-07 Article PeerReviewed text en https://ir.uitm.edu.my/id/eprint/100290/1/100290.pdf Total economic value of marine ecosystem service in Malaysia: a review / Wan Nur Ayuni Wan Ab Rashid, Junainah Mohamad and Mohd Azhar Hamzah. (2024) Built Environment Journal <https://ir.uitm.edu.my/view/publication/Built_Environment_Journal/>, 21 (2): 8. pp. 108-126. ISSN 2637-0395 |
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Sea. Marine ecology. Ocean ecology Wan Ab Rashid, Wan Nur Ayuni Mohamad, Junainah Hamzah, Mohd Azhar Total economic value of marine ecosystem service in Malaysia: a review / Wan Nur Ayuni Wan Ab Rashid, Junainah Mohamad and Mohd Azhar Hamzah |
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The marine ecosystem service in Malaysia offers wealth benefits, including fisheries resources, ecotourism, coastal protection, climate regulation, and nutrient recycling. However, the failure to impute the price of ecosystem services (ES) in marine ecosystem service would result in a misguided policy, and society would be detrimental as a result of the misallocation of resources. The full potential of these services has not been fully quantified in economic terms. This paper reviews the suitable indicators pertinent to a Total Economic Value (TEV) of marine ecosystem service to propose a conceptual framework for the TEV of marine ecosystem service in Malaysia. We conduct a comprehensive review of the marine ecosystem service components (2018–2023) of literature. Studies are categorised based on the TEV and ES components they refer to, as well as the different approaches to the use of ecosystems. This review aims to establish a standard for future research on the TEV of marine ecosystem services, as there is a lack of studies on this topic, and to raise community awareness of the value of protecting natural resources, inform policymakers, and aid in cost-benefit assessments of initiatives. The data will help demonstrate the benefits of protecting marine ecosystem services. |
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Article |
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Wan Ab Rashid, Wan Nur Ayuni Mohamad, Junainah Hamzah, Mohd Azhar |
author_facet |
Wan Ab Rashid, Wan Nur Ayuni Mohamad, Junainah Hamzah, Mohd Azhar |
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Wan Ab Rashid, Wan Nur Ayuni |
title |
Total economic value of marine ecosystem service in Malaysia: a review / Wan Nur Ayuni Wan Ab Rashid, Junainah Mohamad and Mohd Azhar Hamzah |
title_short |
Total economic value of marine ecosystem service in Malaysia: a review / Wan Nur Ayuni Wan Ab Rashid, Junainah Mohamad and Mohd Azhar Hamzah |
title_full |
Total economic value of marine ecosystem service in Malaysia: a review / Wan Nur Ayuni Wan Ab Rashid, Junainah Mohamad and Mohd Azhar Hamzah |
title_fullStr |
Total economic value of marine ecosystem service in Malaysia: a review / Wan Nur Ayuni Wan Ab Rashid, Junainah Mohamad and Mohd Azhar Hamzah |
title_full_unstemmed |
Total economic value of marine ecosystem service in Malaysia: a review / Wan Nur Ayuni Wan Ab Rashid, Junainah Mohamad and Mohd Azhar Hamzah |
title_sort |
total economic value of marine ecosystem service in malaysia: a review / wan nur ayuni wan ab rashid, junainah mohamad and mohd azhar hamzah |
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UiTM Press |
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2024 |
url |
https://ir.uitm.edu.my/id/eprint/100290/1/100290.pdf https://ir.uitm.edu.my/id/eprint/100290/ |
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