London School of Economics and Political Science

Identifying the characteristics of the voluntary carbon offset market

This project seeks to uncover characteristics regarding the demand side of the voluntary carbon offset market. Consumers are faced with roughly 40 providers of carbon offsets, each with a different price for the service. This study uses the contingent valuation method to identify consumer willingness to pay for participation in a carbon offset program. It also estimates the carbon footprint of the respondents in attempt to identify a relationship between quantity and value.