2018
DOI: 10.1016/j.marpol.2018.05.008
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Shark-diving tourism as a financing mechanism for shark conservation strategies in Malaysia

Abstract: This study estimated the economic value of the shark-diving industry in Semporna, the most popular diving destination of Malaysia, by surveying the expenditures of diving tourists and dive operators through the region. A willingness-to-pay survey was also used to estimate the potential of the industry as a financing mechanism for enforcement and management of a hypothetical Marine Protected Area (MPA) to conserve shark populations. The study showed that in 2012, shark-diving tourism provided direct revenues in… Show more

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Cited by 48 publications
(23 citation statements)
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“…One strategy that can generate resources to fund activities for greater forest connectivity, engage local communities towards conservation through economic incentives and encourage governments to create and manage corridors is ecotourism 71 , 72 . As nature conservation is mostly an unprofitable activity 73 , tourism is one of the few lucrative activities that can generate financing for conservation 74 76 .…”
Section: Discussionmentioning
confidence: 99%
“…One strategy that can generate resources to fund activities for greater forest connectivity, engage local communities towards conservation through economic incentives and encourage governments to create and manage corridors is ecotourism 71 , 72 . As nature conservation is mostly an unprofitable activity 73 , tourism is one of the few lucrative activities that can generate financing for conservation 74 76 .…”
Section: Discussionmentioning
confidence: 99%
“…Findings from several other studieswere comparable with the results of this study within the perspective of revenue per tourist's calculation. Vianna et al (2018) recorded that in 2012 the shark diving receipt in Semporna, Sabah accumulated an approximate of USD9.8 million from the sector. In comparison with this study recreational sector receiptof RM35.087 million, the shark diving estimated receipt was RM30.280 million (sans inflation) after accounting for foreign exchange rate.Additionally, tourism receipt per tourist for Langkawi Island were RM1547.00 for the year 2015 (LADA, 2019).…”
Section: Findings and Discussionmentioning
confidence: 99%
“…Based on the literature we explored, ecologically-sustainable tourism is weakly linked to environmental conservation. In this context, the virtuous economic exploitation of iconic animals, such as sharks, is becoming a key asset of developing economies (see, e.g., [73][74][75]), and this practice may provide a link between management and conservation, within the framework of sustainable tourism [76]. As for aquaculture, the isolation of this sector is due to the fact that the pertinent investigations are more focused on the productive processes, and the ecological and economic sustainability are not key issues.…”
Section: Inclusive Economy Is Markedly Peripheral Within the Coastal mentioning
confidence: 99%