Environmental Performance Rating and Disclosure China's Green-watch Program

Environmental Performance Rating and Disclosure China's Green-watch Program
Author: Hua Wang
Publisher: World Bank Publications
Total Pages: 32
Release: 2002
Genre:
ISBN: 0210030410

This paper describes a new incentive-based pollution control program in China in which the environmental performance of firms is rated and reported to the public. Firms are rated from best to worst using five colors-green, blue, yellow, red, and black-and the ratings are disseminated to the public through the media. The impact has been substantial, suggesting that public disclosure provides a significant incentive for firms to improve their environmental performance. The paper focuses on the experience of the first two disclosure programs, in Zhenjiang, Jiangsu Province and Hohhot, Inner Mongolia. Successful implementation of these programs at two very different levels of economic and institutional development suggests that public disclosure should be feasible in most of China. The Zhenjiang and Hohhot experiences have also shown that performance disclosure can significantly reduce pollution, even in settings where environmental nongovernmental organizations are not very active and there is no formal channel for public participation in environmental regulation.

Environmental Performance Rating and Disclosure

Environmental Performance Rating and Disclosure
Author: Hua Wang
Publisher:
Total Pages: 28
Release: 2016
Genre:
ISBN:

This paper describes a new incentive-based pollution control program in China in which the environmental performance of firms is rated and reported to the public. Firms are rated from best to worst using five colors - green, blue, yellow, red, and black - and the ratings are disseminated to the public through the media. The impact has been substantial, suggesting that public disclosure provides a significant incentive for firms to improve their environmental performance.The paper focuses on the experience of the first two disclosure programs, in Zhenjiang, Jiangsu Province and Hohhot, Inner Mongolia. Successful implementation of these programs at two very different levels of economic and institutional development suggests that public disclosure should be feasible in most of China. The Zhenjiang and Hohhot experiences have also shown that performance disclosure can significantly reduce pollution, even in settings where environmental nongovernmental organizations are not very active and there is no formal channel for public participation in environmental regulation.This paper - a product of Infrastructure and Environment, Development Research Group - is part of a larger effort in the group to develop more cost-effective approaches to the regulation of externalities.

The Impact of Environmental Performance Rating and Disclosure

The Impact of Environmental Performance Rating and Disclosure
Author: Yanhong Jin
Publisher:
Total Pages: 33
Release: 2017
Genre:
ISBN:

Environmental performance rating and disclosure has emerged as a substitute or complement for traditional pollution regulation, especially in developing countries. Using data from China's Green Watch program, this study extends previous research on performance rating and disclosure by considering firms' perceptions of public and market responses to their ratings. The results suggest that the Green Watch has significantly increased market and stakeholder pressures on managers to improve their firms? environmental performance. More specifically, controlling for the characteristics of locations, firms, and individual managers, the analysis finds that firms with better ratings perceive positive impacts on market competitiveness, overall market value, and relationships with different stakeholders, while the firms with bad ratings are more likely to perceive deterioration. Among these factors, managers perceive a more active role for markets than for stakeholder relations.

Environmental Governance in China

Environmental Governance in China
Author: Neil Carter
Publisher: Routledge
Total Pages: 211
Release: 2013-09-13
Genre: Political Science
ISBN: 1317998340

This is the first examination of how China is currently dealing with environmental problems and challenges, and of its successes, failures and dilemmas. This new book gives special attention to the development of ‘environmental governance’ in contemporary China, especially on the urban industrial and infrastructure sectors, showing how the rapid economic growth that has transformed China in recent years has major implications for the environment, as well as future economic development. Leading international scholars explore a range of key issues, including: economic growth and the environment the environmental policy process the legal framework for environmental protection the role of environmental NGOs energy policy water issues biotechnology and GMOs the international dimension. This book shows how environmental policy, politics and governance are core issues posed by China’s accelerated economic development. At the same time it analyzes, illustrates and argues that major steps are under way in taking up these challenges. In doing so the book provides an in-depth, balanced and comprehensive assessment of contemporary environmental reforms in China. This book was previously published as a special issue of Environmental Governance.

Routledge Handbook of the Chinese Economy

Routledge Handbook of the Chinese Economy
Author: Gregory C. Chow
Publisher: Routledge
Total Pages: 463
Release: 2014-08-13
Genre: Business & Economics
ISBN: 1317663543

China's rapid rise to become the world's second largest economy has resulted in an unprecedented impact on the global system and an urgent need to understand the more about the newest economic superpower. The Routledge Handbook of the Chinese Economy is an advanced-level reference guide which surveys the current economic situation in China and its integration into the global economy. An internationally renowned line-up of scholars contribute chapters on the key components of the contemporary economy and their historical foundations. Topics covered include: the history of the Chinese economy from ancient times onwards; economic growth and development; population, the labor market, income distribution, and poverty; legal, political, and financial institutions; and foreign trade and investments. Offering a cutting-edge overview of the Chinese economy, the Handbook is an invaluable resource for academics, researchers, economists, graduate, and undergraduate students studying this ever-evolving field.

Green Infrastructure Finance

Green Infrastructure Finance
Author: Aldo Baietti
Publisher: World Bank Publications
Total Pages: 265
Release: 2012-04-18
Genre: Business & Economics
ISBN: 0821394894

This report is a structured compendium of leading initiatives and activities put forward to accelerate private investment flows in green growth. It summarizes current investment challenges of green projects as well as proposed solutions, financing schemes and initiatives that have set the stage for scaling up green infrastructure investments.

Environment and Industry in Developing Countries

Environment and Industry in Developing Countries
Author: Ralph Andrew Luken
Publisher: Edward Elgar Publishing
Total Pages: 359
Release: 2007-01-01
Genre: Business & Economics
ISBN: 1847205488

This impressive study compares the adoption of environmentally sound technology in industrial sectors in eight developing countries. In combining a variety of quantitative and qualitative methodologies on rich empirical data the authors open the technological change black box and are able to formulate clear conclusions on the drivers and barriers for technological change. A major contribution to better understanding and governing environmentally-sound technological change. Arthur P.J. Mol, Wageningen University, The Netherlands All theory is gray, but the golden tree of life springs ever green , says Goethe. This book is very green (that is empirical) about a green topic: the adoption of environmentally sound technologies in developing countries, using triangulation for assessing the factors behind such choices. A very nice study on an important topic. René Kemp, UNU-MERIT, Maastricht, The Netherlands Industries located in developing countries have made major improvements in environmental performance since the Rio Earth Summit of 1992. More specifically, their record in reducing energy-use and water-pollutant intensities has been better than developed countries. This significant new book investigates what motivates industries in developing countries to adopt environmentally sound technology (EST) a subject about which very little is actually known. The authors present the findings of a United Nations study of the factors that determined EST adoption by 105 manufacturing plants in four different sectors within eight developing countries. They explore both factors internal to the plants as well as external factors including governments, markets and civil society. Environment and Industry in Developing Countries will be of great interest to development assistance agencies supporting programmes for industrial environmental management in developing countries, and also to graduate school programmes in economic development, technology management, as well as in international business.