Valuing climate protection by offsetting carbon emissions: rethinking environmental governance

This study aimed to investigate households’ willingness to pay (WTP) for a carbon reduction programme, the demographic and socioeconomic factors that influence households’ WTP. The contingent valuation method (CVM) was employed as a mechanism to decide a monetary valuation of public preferences for...

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Main Author:	Rafia, Afroz
Format:	Article
Language:	English English English English English
Published:	Elsevier Inc. 2014
Subjects:	H Social Sciences (General)
Online Access:	http://irep.iium.edu.my/39408/ http://irep.iium.edu.my/39408/ http://irep.iium.edu.my/39408/ http://irep.iium.edu.my/39408/1/accepted_article.pdf http://irep.iium.edu.my/39408/4/1-s2.0-S0959652614012049-main.pdf http://irep.iium.edu.my/39408/7/39408_valuing_climate-1.pdf http://irep.iium.edu.my/39408/10/39408_Valuing%20climate%20protection%20by%20offsetting%20carbon%20emissions_Scopus.pdf http://irep.iium.edu.my/39408/16/39408_Valuing%20climate%20protection%20by%20offsetting%20carbon%20emissions_WOS.pdf

id	iium-39408
recordtype	eprints
spelling	iium-394082017-09-26T11:06:10Z http://irep.iium.edu.my/39408/ Valuing climate protection by offsetting carbon emissions: rethinking environmental governance Rafia, Afroz H Social Sciences (General) This study aimed to investigate households’ willingness to pay (WTP) for a carbon reduction programme, the demographic and socioeconomic factors that influence households’ WTP. The contingent valuation method (CVM) was employed as a mechanism to decide a monetary valuation of public preferences for offsetting carbon emissions by ascertaining the value attached to climate protection in Kuala-Lumpur, Malaysia. The valuation of public preference was measured by the households’ WTP for a specific amount of climate protection. This study found that approximately 71% of households were WTP towards the protection of the climate (better environment). The findings validated that socioeconomic variables, such as education, income, acquired awareness and knowledge of climate change issues have significant impacts on WTP and the mean WTP is MYR15.38 (US$1= MYR3.25) monthly. However, WTP varied considerably with household perception of the value of climate protection. This study would be useful in designing an appropriate policy framework fostering new policy-oriented sustainability and further carbon footprint research. Elsevier Inc. 2014-11-07 Article PeerReviewed application/pdf en http://irep.iium.edu.my/39408/1/accepted_article.pdf application/pdf en http://irep.iium.edu.my/39408/4/1-s2.0-S0959652614012049-main.pdf application/pdf en http://irep.iium.edu.my/39408/7/39408_valuing_climate-1.pdf application/pdf en http://irep.iium.edu.my/39408/10/39408_Valuing%20climate%20protection%20by%20offsetting%20carbon%20emissions_Scopus.pdf application/pdf en http://irep.iium.edu.my/39408/16/39408_Valuing%20climate%20protection%20by%20offsetting%20carbon%20emissions_WOS.pdf Rafia, Afroz (2014) Valuing climate protection by offsetting carbon emissions: rethinking environmental governance. Journal of Cleaner Production. ISSN 0959-6526 http://www.journals.elsevier.com/journal-of-cleaner-production/ 10.1016/j.jclepro.2014.11.024
repository_type	Digital Repository
institution_category	Local University
institution	International Islamic University Malaysia
building	IIUM Repository
collection	Online Access
language	English English English English English
topic	H Social Sciences (General)
spellingShingle	H Social Sciences (General) Rafia, Afroz Valuing climate protection by offsetting carbon emissions: rethinking environmental governance
description	This study aimed to investigate households’ willingness to pay (WTP) for a carbon reduction programme, the demographic and socioeconomic factors that influence households’ WTP. The contingent valuation method (CVM) was employed as a mechanism to decide a monetary valuation of public preferences for offsetting carbon emissions by ascertaining the value attached to climate protection in Kuala-Lumpur, Malaysia. The valuation of public preference was measured by the households’ WTP for a specific amount of climate protection. This study found that approximately 71% of households were WTP towards the protection of the climate (better environment). The findings validated that socioeconomic variables, such as education, income, acquired awareness and knowledge of climate change issues have significant impacts on WTP and the mean WTP is MYR15.38 (US$1= MYR3.25) monthly. However, WTP varied considerably with household perception of the value of climate protection. This study would be useful in designing an appropriate policy framework fostering new policy-oriented sustainability and further carbon footprint research.
format	Article
author	Rafia, Afroz
author_facet	Rafia, Afroz
author_sort	Rafia, Afroz
title	Valuing climate protection by offsetting carbon emissions: rethinking environmental governance
title_short	Valuing climate protection by offsetting carbon emissions: rethinking environmental governance
title_full	Valuing climate protection by offsetting carbon emissions: rethinking environmental governance
title_fullStr	Valuing climate protection by offsetting carbon emissions: rethinking environmental governance
title_full_unstemmed	Valuing climate protection by offsetting carbon emissions: rethinking environmental governance
title_sort	valuing climate protection by offsetting carbon emissions: rethinking environmental governance
publisher	Elsevier Inc.
publishDate	2014
url	http://irep.iium.edu.my/39408/ http://irep.iium.edu.my/39408/ http://irep.iium.edu.my/39408/ http://irep.iium.edu.my/39408/1/accepted_article.pdf http://irep.iium.edu.my/39408/4/1-s2.0-S0959652614012049-main.pdf http://irep.iium.edu.my/39408/7/39408_valuing_climate-1.pdf http://irep.iium.edu.my/39408/10/39408_Valuing%20climate%20protection%20by%20offsetting%20carbon%20emissions_Scopus.pdf http://irep.iium.edu.my/39408/16/39408_Valuing%20climate%20protection%20by%20offsetting%20carbon%20emissions_WOS.pdf
first_indexed	2023-09-18T20:56:38Z
last_indexed	2023-09-18T20:56:38Z
_version_	1777410347609620480

Valuing climate protection by offsetting carbon emissions: rethinking environmental governance

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