Economic Valuation of Forest as Habitat for Elephants: Case Study at Belum-Temenggor Forest Complex

Authors

  • Azniza Ahmad Zaini Faculty of Business and Management, Universiti Teknologi MARA Pahang, Kampus Raub, 27600 Raub, Pahang Darul Makmur, Malaysia
  • Mohd Iqbal Mohd Noor Faculty of Business and Management, Universiti Teknologi MARA Pahang, Kampus Raub, 27600 Raub, Pahang Darul Makmur, Malaysia
  • Badli Esham Ahmad Academy of Language Studies, Universiti Teknologi MARA. Pahang Kampus Jengka, 26400 Bandar Tun Abdul Razak Jengka, Pahang Darul Makmur, Malaysia
  • Amira Mas Ayu Mustafa School of Accounting and Finance, Faculty of Business and Law, Taylor’s University, 47500 Subang Jaya, Selangor, Malaysia
  • William V. Eylen ESC Group Ltd., Floor 1, Gouverneur Roppesingel 81-83, 3500 Hasselt, Belgium

DOI:

https://doi.org/10.24191/bioenv.v1i2.29

Keywords:

Belum-Temenggor Forest Complex, Economic valuation, Human elephant conflict

Abstract

The conversion of forests to other land uses, such as agriculture or housing, has led to an increase in the interaction between people and elephants that can highly result in human-elephant conflict. This conflict led to various socio-economic losses, such as losses of crop yields and the temporary decline in the tranquillity of villages and fear during the period of the conflict. Conceptually, the value of these losses could be used as a basis for the minimal value of the forest as a habitat for elephants. These studies value the HEC losses using economic valuation methods (replacement cost, change in productivity and contingent valuation methods). A case study of the invasion of the elephant herd from Belum-Temenggor Forest Complex is provided as an illustration. The case study result shows that if the forest is being established as a protected area to conserve elephants, the aggregate value of potential avoided losses from HEC is RM2,977 per villager, and the estimated value for 150 households is RM0.45 million per year.

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Published

2023-06-27

How to Cite

Ahmad Zaini, A., Mohd Noor, M. I., Ahmad , B. E. ., Mustafa, A. M. A., & V. Eylen, W. (2023). Economic Valuation of Forest as Habitat for Elephants: Case Study at Belum-Temenggor Forest Complex. Bioresources and Environment, 1(2), 34–48. https://doi.org/10.24191/bioenv.v1i2.29

Issue

Vol. 1 No. 2 (2023): Bioresources and Environment

Section

Environmental Management

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Copyright (c) 2023 Azniza Ahmad Zaini, Mohd Iqbal Mohd Noor, Badli Esham Ahmad , Amira Mas Ayu Mustafa, William V. Eylen

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