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WTP for Global and Ancillary Benefits of Climate Change Mitigation: Preliminary Results


Reference:

Hoyos, D., Longo, A. and Markandya, A., 2009. WTP for Global and Ancillary Benefits of Climate Change Mitigation: Preliminary Results. In: 17th Annual Conference of the European Association of Environmental and Resource Economists (EAERE), 2009-06-24 - 2009-06-27, Amsterdam.

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Abstract

Recent studies have looked at the willingness to pay (WTP) of the general population for climate change mitigation benefits. This paper contributes to this literature by investigating, in addition to global benefits, the ancillary benefits of climate change mitigation, by considering local and personal benefits arising from climate change policies. The Contingent Valuation Method is used to elicit the WTP for ancillary and global benefits of climate mitigation policies in the Basque Country, Spain. According to our results, WTP estimates are 40% when ancillary benefits are considered.

Details

Item Type Conference or Workshop Items (Paper)
CreatorsHoyos, D., Longo, A. and Markandya, A.
DepartmentsFaculty of Humanities & Social Sciences > Social & Policy Sciences
Faculty of Humanities & Social Sciences > Economics
RefereedNo
StatusPublished
ID Code14796

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