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An investigation into residents' willingness to pay for vertical greening in China
Abstract There are numerous existing residential buildings in Hangzhou, which has resulted in considerable carbon emissions and the formation of greenhouse gases with significant adverse impacts on citizens’ quality of life.. It is thus imperative to conduct a greening renovation of existing residential buildings. In this paper, we use a double-bounded discrete choice format to determine the public’s willingness to pay (WTP), the economic benefits of vertical greening reducing greenhouse gases in Hangzhou are preliminarily estimated, and the factors that affect residents' payment and participation are identified. A total of 1089 valid samples were obtained via face-to-face interviews. In total, 250 (23.0%) respondents reported refusing to pay, and their data were subject to processing with the spike model, which has been proven to be more advantageous than traditional models in dealing with zero response problems. Families in Hangzhou would pay 702.55 Chinese yuan (CNY) each year. The economic benefit of such a project is valued at 1.141–1.433 billion CNY. The factors affecting the WTP are explored based on demographic characteristics, social psychology, knowledge of the environment and theory of planned behavior (TPB). The results show clear statistical relationships between a respondent’s age, income, family members, views of vertical greening and subjective norms and his or her WTP. Meanwhile, feedback information was collected and analyzed, and the results show that increasing incomes, establishing a compensation mechanism, promoting environmental protection, and disclosing the flow of funds would be conducive to residents' participation in vertical greening renovation.
An investigation into residents' willingness to pay for vertical greening in China
Abstract There are numerous existing residential buildings in Hangzhou, which has resulted in considerable carbon emissions and the formation of greenhouse gases with significant adverse impacts on citizens’ quality of life.. It is thus imperative to conduct a greening renovation of existing residential buildings. In this paper, we use a double-bounded discrete choice format to determine the public’s willingness to pay (WTP), the economic benefits of vertical greening reducing greenhouse gases in Hangzhou are preliminarily estimated, and the factors that affect residents' payment and participation are identified. A total of 1089 valid samples were obtained via face-to-face interviews. In total, 250 (23.0%) respondents reported refusing to pay, and their data were subject to processing with the spike model, which has been proven to be more advantageous than traditional models in dealing with zero response problems. Families in Hangzhou would pay 702.55 Chinese yuan (CNY) each year. The economic benefit of such a project is valued at 1.141–1.433 billion CNY. The factors affecting the WTP are explored based on demographic characteristics, social psychology, knowledge of the environment and theory of planned behavior (TPB). The results show clear statistical relationships between a respondent’s age, income, family members, views of vertical greening and subjective norms and his or her WTP. Meanwhile, feedback information was collected and analyzed, and the results show that increasing incomes, establishing a compensation mechanism, promoting environmental protection, and disclosing the flow of funds would be conducive to residents' participation in vertical greening renovation.
An investigation into residents' willingness to pay for vertical greening in China
Tan, Yang (Autor:in) / Fukuda, Hiroatsu (Autor:in) / Zhang, Li (Autor:in) / Wang, Shuai (Autor:in) / Gao, Weijun (Autor:in) / Liu, Zhonghui (Autor:in)
Urban Ecosystems ; 25
2022
Aufsatz (Zeitschrift)
Elektronische Ressource
Englisch
BKL:
43.31
Naturschutz
/
42.90$jÖkologie: Allgemeines
/
43.31$jNaturschutz
/
42.90
Ökologie: Allgemeines
/
74.12
Stadtgeographie, Siedlungsgeographie
/
74.12$jStadtgeographie$jSiedlungsgeographie
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