Country level WTP, NUTS2 level WTP
DOI10.5281/zenodo.14552311Zenodo14552311MaRDI QIDQ6709890FDOQ6709890
Dataset published at Zenodo repository.
Markos Bonazountas, Andrea Bigano
Publication date: 24 December 2024
Copyright license: Creative Commons Attribution 4.0 International
WTP for adaptation captures the benefits that adaptation policies could yield. Economists recommend that, when examining climate change adaptation options, some consideration is given to the benefits of these options, compared to their costs. To facilitate that exercise, we implement a benefit transfer exercise of our WTP estimates described in D6.1 to all EU countries and all NUTS2 regions of the EU, Norway, and the UK, and we compare them with the avoided damages from adaptation computed within the COACCH project at the same spatial resolution. The high value placed on benefits from adaptation both by the benefit transfer exercise for WTP and by COACCH macroeconomic projections, suggests that adaptation measures will be welcome in most instances across Europe.
This page was built for dataset: Country level WTP, NUTS2 level WTP
