Government Valuers’ Insights on Current Practices in Marine Ecosystem Valuation in Malaysia

This study investigates the valuation of marine ecosystem services in Malaysia, focusing on government valuers' perspectives. Marine ecosystems are complex environmental assets, but their valuation methods are underdeveloped. The research aims to investigate current approaches, challenges, and challenges in valuing these services, particularly in relation to existing legal frameworks. Through qualitative interviews, the study reveals the current valuation techniques, areas needing standardization, and the importance of clear guidelines for valuation practices. The findings serve as a foundation for analysing valuation methods and addressing the need for tailored laws and standards.

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Publication Details

Journal
Asian Journal of Environment-Behaviour Studies
Published
2024-12-31
DOI
https://doi.org/10.21834/aje-bs.v9i29.453
Primary Topic
Coastal and Marine Management
Type
article
Field-Weighted Citation Impact
0.00
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article

Government Valuers’ Insights on Current Practices in Marine Ecosystem Valuation in Malaysia

Junainah Mohamad, Nurhastuty Kesumo Wardhani, Wan Nur Ayuni Wan Ab Rashid
Asian Journal of Environment-Behaviour Studies
Coastal and Marine Management
article

Government Valuers’ Insights on Current Practices in Marine Ecosystem Valuation in Malaysia

Junainah Mohamad, Nurhastuty Kesumo Wardhani, Wan Nur Ayuni Wan Ab Rashid
article en

Abstract

This study investigates the valuation of marine ecosystem services in Malaysia, focusing on government valuers' perspectives. Marine ecosystems are complex environmental assets, but their valuation methods are underdeveloped. The research aims to investigate current approaches, challenges, and challenges in valuing these services, particularly in relation to existing legal frameworks. Through qualitative interviews, the study reveals the current valuation techniques, areas needing standardization, and the importance of clear guidelines for valuation practices. The findings serve as a foundation for analysing valuation methods and addressing the need for tailored laws and standards.

Asian Journal of Environment-Behaviour StudiesVol. 9(29)
Universitas Trisakti (ID), Universiti Teknologi MARA (MY)
Life below water
Openalex Percentile: Top 61%
Coastal and Marine Management
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