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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Main Authors: Banna, Hasanul Banna, Rafia, Afroz, Masud, Muhammad Mehedi
Format: Article
Language:English
English
Published: EDP Sciences 2016
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Online Access: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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Institution: Universiti Islam Antarabangsa Malaysia
Language: English
English
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spelling 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
institution Universiti Islam Antarabangsa Malaysia
building IIUM Library
collection Institutional Repository
continent Asia
country Malaysia
content_provider International Islamic University Malaysia
content_source IIUM Repository (IREP)
url_provider http://irep.iium.edu.my/
language English
English
topic H Social Sciences (General)
spellingShingle 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
description – 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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