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
Subjects:	H Social Sciences (General)
Online Access:	http://irep.iium.edu.my/50815/ http://irep.iium.edu.my/50815/ http://irep.iium.edu.my/50815/ 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

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recordtype	eprints
spelling	iium-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 PeerReviewed 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 E-ISSN 1777-5949 http://www.cahiersagricultures.fr/ 10.1051/cagri/2016014
repository_type	Digital Repository
institution_category	Local University
institution	International Islamic University Malaysia
building	IIUM Repository
collection	Online Access
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/ http://irep.iium.edu.my/50815/ http://irep.iium.edu.my/50815/ 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
first_indexed	2023-09-18T21:11:54Z
last_indexed	2023-09-18T21:11:54Z
_version_	1777411308081119232

Financing an efficient adaptation programme to climate change: A contingent valuation method tested in Malaysia

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