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

D Hoyos, A Longo, Anil Markandya

Research output: Contribution to conferencePaper

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.
Original languageEnglish
Publication statusPublished - Jun 2009
Event17th Annual Conference of the European Association of Environmental and Resource Economists (EAERE) - Amsterdam
Duration: 24 Jun 200927 Jun 2009

Conference

Conference17th Annual Conference of the European Association of Environmental and Resource Economists (EAERE)
CityAmsterdam
Period24/06/0927/06/09

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    Hoyos, D., Longo, A., & Markandya, A. (2009). WTP for Global and Ancillary Benefits of Climate Change Mitigation: Preliminary Results. Paper presented at 17th Annual Conference of the European Association of Environmental and Resource Economists (EAERE), Amsterdam, .