View metadata

dc.titleWillingness to Pay for Climate Mitigation: Evidence from Latin America
dc.contributor.authorBlackman, Allen
dc.contributor.authorJeuland, Marc
dc.contributor.authorLeguizamo, Emilio
dc.contributor.orgunitClimate Change and Sustainable Development Sector
dc.coverageArgentina
dc.coverageBrazil
dc.coverageChile
dc.coverageColombia
dc.coverageEcuador
dc.coverageMexico
dc.coveragePeru
dc.coverageLatin America
dc.date.available2025-07-16T00:07:00
dc.date.issue2025-07-16T00:07:00
dc.description.abstractThe ability of countries in Latin America to achieve net zero greenhouse gas (GHG) emissions by mid-century, the target set by the Paris Agreement, will depend critically on citizen support. To gauge this support, we administered a contingent valuation survey to representative samples in seven of the regions leading GHG emitting countries and in the United States, which is used as a comparator. The survey elicits respondents willingness to pay (WTP) for achieving net zero by 2050 and uses a split sample design to test whether WTP is affected by the distribution of decarbonization costs across households. Our estimates of mean WTP in the Latin American study countries are on par both with our estimate for the United States, and with estimates from a recent CV study for China, Sweden, and the United States. However, among the Latin American study countries, mean WTPs for Argentina and Brazil are relatively low. We also find that the distribution of the costs of decarbonization across households does not have a clear effect on WTP and that the drivers of WTP for our Latin American study countries are similar to those the literature has identified in other regions.
dc.format.extent57
dc.identifier.doihttp://dx.doi.org/10.18235/0013614
dc.identifier.urlhttps://publications.iadb.org/publications/english/document/Willingness-to-Pay-for-Climate-Mitigation-Evidence-from-Latin-America.pdf
dc.language.isoen
dc.publisherInter-American Development Bank
dc.subjectClimate Change
dc.subjectGreenhouse Gas Emission
dc.subjectWillingness to Pay
dc.subject.jelcodeQ51 - Valuation of Environmental Effects
dc.subject.jelcodeQ54 - Climate • Natural Disasters and Their Management • Global Warming
dc.subject.keywordsContingent Valuation;stated preference;Net Zero;Argentina;Brazil;Chile;Colombia;Ecuador;Mexico;Peru
dc.typeWorking Papers
idb.identifier.pubnumberIDB-WP-01710
idb.operationRG-T4211
Return to Publication