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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| Format: | Article |
| Language: | English English English English English |
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Elsevier Inc.
2014
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| Online Access: | 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 |
| _version_ | 1848781779546144768 |
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| author | Rafia, Afroz |
| author_facet | Rafia, Afroz |
| author_sort | Rafia, Afroz |
| building | IIUM Repository |
| collection | Online Access |
| 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. |
| first_indexed | 2025-11-14T15:54:59Z |
| format | Article |
| id | iium-39408 |
| institution | International Islamic University Malaysia |
| institution_category | Local University |
| language | English English English English English |
| last_indexed | 2025-11-14T15:54:59Z |
| publishDate | 2014 |
| publisher | Elsevier Inc. |
| recordtype | eprints |
| repository_type | Digital Repository |
| 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 |
| spellingShingle | H Social Sciences (General) Rafia, Afroz Valuing climate protection by offsetting carbon emissions: rethinking environmental governance |
| title | 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_short | Valuing climate protection by offsetting carbon emissions: rethinking environmental governance |
| title_sort | valuing climate protection by offsetting carbon emissions: rethinking environmental governance |
| topic | H Social Sciences (General) |
| 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 |