ECONOMIC VALUATION OF ECOSYSTEM SERVICES FOR COMMUNITY-BASED PES: A CASE STUDY OF ULU TAMPIK WATERFALL, MALAYSIA

Authors

  • Mohd Rusli Yacob Faculty of Forestry and Environment, UNIVERSITI PUTRA MALAYSIA
  • Mohd Parid Mamat Innovation and Commercialization Division, FOREST RESEARCH INSTITUTE OF MALAYSIA
  • Mukrimah Abdullah Innovation and Commercialization Division, FOREST RESEARCH INSTITUTE OF MALAYSIA
  • Nitanan Koshy Matthew Faculty of Forestry and Environment, UNIVERSITI PUTRA MALAYSIA
  • Faizah Shahudin School of Economics and Management, XIAMEN UNIVERSITY OF MALAYSIA

DOI:

https://doi.org/10.21837/pm.v24i43.2124

Keywords:

Payment for Ecosystem Services, Economic Valuation, Contingent Valuation, Forest Policy, Malaysia

Abstract

The degradation of forest ecosystems due to expanding development and unsustainable land use continues to threaten the provision of essential ecosystem services. This study evaluates the economic value of ecosystem services at Ulu Tampik Waterfall (UTW), Malaysia, to inform the design of a community-based Payment for Ecosystem Services (PES) scheme. Employing the Contingent Valuation Method (CVM) using a dichotomous choice–double-bounded format, the study estimates the mean willingness to pay (WTP) between RM12.51 and RM30.89, generating a projected annual revenue of RM60,048 to RM148,272. Complementing the valuation, the stakeholders' analysis was also applied to assess community engagement in conservation and livelihood enhancement. Results indicate that community-based PES can effectively support biodiversity conservation, improve household income, and contribute to state revenue. This research underscores the critical role of economic valuation and inclusive management strategies in advancing sustainable forest resource governance towards more enforceable roles, standards, and rules for future reference and service quality for the economic value of ecosystem services.

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References

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Published

2026-08-09

How to Cite

Yacob, M. R., Mamat, M. P., Abdullah, M., Matthew, N. K., & Shahudin, F. (2026). ECONOMIC VALUATION OF ECOSYSTEM SERVICES FOR COMMUNITY-BASED PES: A CASE STUDY OF ULU TAMPIK WATERFALL, MALAYSIA. PLANNING MALAYSIA, 24(43). https://doi.org/10.21837/pm.v24i43.2124

Issue

Vol. 24 (2026): PLANNING MALAYSIA JOURNAL : Volume 24, Issue 4, 2026

Section

Article

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eISSN: 0128-0945 © Year. The Authors. Published for Malaysian Institute of Planners. This is an open-access article under the CC BY-NC-ND license.

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