A review of primary and cascading hazards by exploring individuals’ willingness-to-pay for urban sustainability policies
The motivation of the present review is to comprehend the interaction between primary and cascading hazards in urban areas, aiming to create a novel holistic approach that improves urban sustainability based on individuals’ preferences for urban ecosystem services (ES) preservation. The objectives a...
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| Format: | Article |
| Language: | English |
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Elsevier
2024-12-01
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| Series: | City and Environment Interactions |
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| Online Access: | http://www.sciencedirect.com/science/article/pii/S2590252024000382 |
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| author | George Halkos Panagiotis-Stavros Aslanidis Conrad Landis Lydia Papadaki Phoebe Koundouri |
| author_facet | George Halkos Panagiotis-Stavros Aslanidis Conrad Landis Lydia Papadaki Phoebe Koundouri |
| author_sort | George Halkos |
| collection | DOAJ |
| description | The motivation of the present review is to comprehend the interaction between primary and cascading hazards in urban areas, aiming to create a novel holistic approach that improves urban sustainability based on individuals’ preferences for urban ecosystem services (ES) preservation. The objectives are to monitor valuation studies revealing willingness to pay (WTP) for urban challenges, assess non-marketed valuation studies, and examine hazard interactions and their impacts. Using data from Environmental Valuation Reference Inventory and Ecosystem Services Valuation Database, 80 studies on 220 WTP values were analyzed in the period 2000–2023. The findings show a mean WTP (MWTP) of 142€ for heatwave mitigation and 76€ for air pollution. Moreover, in terms of cascading hazards, the highest MWTP was for population density (298€), followed by biodiversity loss (96€), health issues (63€), and lastly by traffic and noise with 42€. Biodiversity loss emerged as the top concern, urging policymakers to enhance urban resilience. The review contributes to the latest literature regarding the MWTP for ES in urban settlements and provides relevant policy implications in order to improve urban resilience, safeguarding both human health and the natural environment. |
| format | Article |
| id | doaj-art-16947411e8f941d993ec43c9a663c79d |
| institution | Kabale University |
| issn | 2590-2520 |
| language | English |
| publishDate | 2024-12-01 |
| publisher | Elsevier |
| record_format | Article |
| series | City and Environment Interactions |
| spelling | doaj-art-16947411e8f941d993ec43c9a663c79d2024-12-12T05:22:56ZengElsevierCity and Environment Interactions2590-25202024-12-0124100178A review of primary and cascading hazards by exploring individuals’ willingness-to-pay for urban sustainability policiesGeorge Halkos0Panagiotis-Stavros Aslanidis1Conrad Landis2Lydia Papadaki3Phoebe Koundouri4Sustainable Development Unit, ATHENA RC, Athens, Greece; School of Economics and ReSEES Research Laboratory, Athens University of Economics and Business, Athens, Greece; Laboratory of Operations Research, Department of Economics, University of Thessaly, Volos, Greece; Corresponding author at: Sustainable Development Unit, ATHENA RC, Athens, Greece.Sustainable Development Unit, ATHENA RC, Athens, Greece; School of Economics and ReSEES Research Laboratory, Athens University of Economics and Business, Athens, Greece; Laboratory of Operations Research, Department of Economics, University of Thessaly, Volos, GreeceSustainable Development Unit, ATHENA RC, Athens, Greece; School of Economics and ReSEES Research Laboratory, Athens University of Economics and Business, Athens, GreeceSustainable Development Unit, ATHENA RC, Athens, Greece; School of Economics and ReSEES Research Laboratory, Athens University of Economics and Business, Athens, GreeceSustainable Development Unit, ATHENA RC, Athens, Greece; School of Economics and ReSEES Research Laboratory, Athens University of Economics and Business, Athens, Greece; Department of Technology, Management and Economics, Technical University of Denmark, Copenhagen, DenmarkThe motivation of the present review is to comprehend the interaction between primary and cascading hazards in urban areas, aiming to create a novel holistic approach that improves urban sustainability based on individuals’ preferences for urban ecosystem services (ES) preservation. The objectives are to monitor valuation studies revealing willingness to pay (WTP) for urban challenges, assess non-marketed valuation studies, and examine hazard interactions and their impacts. Using data from Environmental Valuation Reference Inventory and Ecosystem Services Valuation Database, 80 studies on 220 WTP values were analyzed in the period 2000–2023. The findings show a mean WTP (MWTP) of 142€ for heatwave mitigation and 76€ for air pollution. Moreover, in terms of cascading hazards, the highest MWTP was for population density (298€), followed by biodiversity loss (96€), health issues (63€), and lastly by traffic and noise with 42€. Biodiversity loss emerged as the top concern, urging policymakers to enhance urban resilience. The review contributes to the latest literature regarding the MWTP for ES in urban settlements and provides relevant policy implications in order to improve urban resilience, safeguarding both human health and the natural environment.http://www.sciencedirect.com/science/article/pii/S2590252024000382Climate changeHeatwavesAir pollutionBiodiversity lossPopulation densityWTP |
| spellingShingle | George Halkos Panagiotis-Stavros Aslanidis Conrad Landis Lydia Papadaki Phoebe Koundouri A review of primary and cascading hazards by exploring individuals’ willingness-to-pay for urban sustainability policies City and Environment Interactions Climate change Heatwaves Air pollution Biodiversity loss Population density WTP |
| title | A review of primary and cascading hazards by exploring individuals’ willingness-to-pay for urban sustainability policies |
| title_full | A review of primary and cascading hazards by exploring individuals’ willingness-to-pay for urban sustainability policies |
| title_fullStr | A review of primary and cascading hazards by exploring individuals’ willingness-to-pay for urban sustainability policies |
| title_full_unstemmed | A review of primary and cascading hazards by exploring individuals’ willingness-to-pay for urban sustainability policies |
| title_short | A review of primary and cascading hazards by exploring individuals’ willingness-to-pay for urban sustainability policies |
| title_sort | review of primary and cascading hazards by exploring individuals willingness to pay for urban sustainability policies |
| topic | Climate change Heatwaves Air pollution Biodiversity loss Population density WTP |
| url | http://www.sciencedirect.com/science/article/pii/S2590252024000382 |
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