Independence...Integrity...Value

The Environment - WIllingness to Accept and Willingness to Pay

Briefing Paper

In recent years people have become more aware of climate change and the effects it is predicted to have upon the environment in which we live. As climate change becomes a greater threat to society, scientists face a larger challenge in protecting habitats. It has been stated that it is anthropological damage which is threatening the environment the most. This is not just done directly but also indirectly. However trying to locate where the responsibility lies to try to mitigate this environmental damage is often unclear. This is especially the case when dealing with common land or publically used land. In these situations willingness to pay and willingness to accept is often used to generate funds needed to mitigate environmental damage. However in a world where everything ultimately boils down to money, is it moral to put a price on the environment?

in this briefing paper Anna Waite looks at the implications of 'Willingness to Accept and Willingness to Pay'. To download a free copy please click HERE

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AWICS is a Management Consultancy and Training Business that specialises in providing support to those who provide public services.

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