South African Journal of Economic and Management Sciences (Aug 2016)

Characterisation of cyclists’ willingness to pay for green initiatives at Africa’s largest cycle tour

  • Melville Saayman,
  • Waldo Krugell,
  • Andrea Saayman

DOI
https://doi.org/10.4102/sajems.v19i3.1305
Journal volume & issue
Vol. 19, no. 3
pp. 432 – 439

Abstract

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The Cape Argus Pick n Pay Cycle Tour is a major event on the road cycling calendar. The majority of cyclists travel significant distances and participation produces a substantial carbon footprint. This paper examines participants’ willingness to pay to offset their carbon footprint. The purpose of this paper is to make a contribution to the literature by linking willingness to pay to attitudes towards or beliefs (green views) about the initiatives in place, to ensure a greener cycle tour. Factor analysis is used to identify different types of cyclists, based on their green views: those with green money, those who prefer green products and the “re-cyclers”. The results of the regression analysis reveal that socio-demographic variables and the right attitude towards the environment are significant predictors of stated willingness to pay for climate change mitigation.