Toward a Sustainable Urban Future: What Motivates Willingness to Pay for Plastic Waste Management through Biodegradation in Dhaka, Bangladesh
Sudipta Kundu Swarna | Mehmud Al Muntasir | M Murshida Mahbub | Md. Touhidul Alam | Jesmin
Discipline: environmental sciences
Abstract:
Background: Current approaches to tackle plastic pollution have significant
environmental drawbacks. Biodegradation offers an eco-friendly alternative.
Although there is ample literature on the environmental impacts of plastic
pollution, a gap exists in studies addressing perceptions and behavioural
determinants of willingness to pay (WTP) for biodegradation to mitigate
plastic pollution.
Methods: This study employs the Contingent Valuation Method (CVM) to
estimate the willingness to pay (WTP) for a hypothetical programme focused
on the “Biodegradation of plastic waste," and the binary logistic regression
model to identify significant and dominant factors associated with the WTP.
Results: The WTP estimate, from a sample size of 455, is found to be
Bangladeshi taka (BDT) 100 (approximately $0.83) per month. Furthermore,
people would have been more willing to pay if they had understood
biodegradation, had higher education, resided in smaller households, had
confidence in biodegradation as a pollution reduction tool, and felt that
improved biodegradation was necessary. The marginal effects indicate that
awareness and perceptions of plastic pollution management are the most
influential factors in WTP.
Conclusion: These findings underscore the significant influence of awareness
on individuals' WTP. The estimated WTP derived from the CVM offers
stakeholders valuable insights to foster a reduced plastic footprint.
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