The experiment was implemented within work package 5a in March 2020. It evaluates the individual willingness to pay for voluntary emissions removal through forests as local carbon sinks in Germany. Besides binding CO₂ from the air, forest carbon sinks provide local co-benefits, too. The analysis, therefore, focuses on the role of local ancillary benefits resulting from the provision of a local sink and, in particular, whether the spatial proximity towards the local carbon sink matters for the individual willingness to pay. A second elicitation of data is currently in preparation.

Video presentation „The Demand for Voluntary Carbon Sequestration – Experimental Evidence from a Reforestation Project in Germany“