Greening Industry: New Roles for Communities, Markets and Governments

ByWorld Bank
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DescriptionGreening Industry shows how recent economic and regulatory policy reforms are reducing industrial pollution in developing countries, without threatening economic growth. After many failed attempts to import regulatory models from the industrial countries, pioneers are developing a new model for pollution control. Based on sound economic principles, it incorporates market-based incentives, a broad commitment to public environmental information, and targeted assistance to managers who are trying to improve environmental performance. The new model stresses participatory regulation, with community representatives taking their place at the negotiating table along with government regulators and factory managers. With much better public information about pollution, market agents also make their presence felt through the decisions of consumers, bankers and stockholders.
File size500 kB
Date23-08-2003 at 15h57