Willingness to Pay Framework: Climate Change Mitigation in Households

This book aims to develop a framework for the assessment of population ‘preferences in climate change mitigation policies by applying a Willingness to Pay (WTP) approach and presents the results from several case studies in Lithuania on renewable energy generation and renovation in different households. These analyses of climate change mitigation policies and measures, based on the assessment of their effectiveness, provide recommendations for developing innovative measures in other countries. Since public preferences are variable, climate change mitigation policies can change these preferences and allow to form new ones.

Features:

• Analyses social benefits of climate change mitigation measures and their integration methods based on assessment of public preferences.
• Presents several practical case studies on energy needs where the Willingness to Pay framework was applied.
• Discusses climate change mitigation barriers in energy sector and the effectiveness of climate change mitigation policies to overcome them.
• Provides a novel approach for climate change mitigation policies development in households.
• Includes useful information for evaluating and planning policies related to renewable energy investment.

This book is a useful reference for those in the academic, research, and business communities, policy makers, graduate students, and professionals involved with climate change mitigation projects.

Dr. Dalia Štreimikienė is a professor at Vilnius University, Kaunas Faculty and Leading Research Associate at Lithuanian Energy Institute. Her main area of research is sustainable development, sustainability assessment, and corporate social responsibility. She is an author of two books, an author of more than 100 papers published in international journals and an invited Editor for several special issues of Sustainability journals. She is the Editor-in-Chief of the International Journal Transformations in Business and Economics.

Prof. Asta Mikalauskienė is a professor at Vilnius University, Kaunas faculty. Her main area of research: sustainable development, sustainability assessment, corporate social responsibility. She is an author of many papers in international journals referred at WoS.