Can Voluntary Environmental Regulation Work in Developing Countries? Lessons from Case Studies

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EfD Authors:

Hamstrung by weak institutions that undermine conventional environmental regulatory tools, policymakers in developing countries are increasingly turning to voluntary approaches. To date, however, there have appeared few evaluations of these policy experiments.

Policy Design

Discounting and relative prices

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Environmentalists are often upset at the effect of discounting costs of future environmental damage, e.g., due to climate change. An often-overlooked message is that we should discount costs but also take into account the increase in the relative price of the ecosystem service endangered.

Climate Change

Water resources management in the Nile basin: the economic value of cooperation

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Since 1999 a multilateral effort termed the Nile Basin Initiative has been underway among the Nile riparians to explore opportunities for maximizing the benefits of the river's waters through cooperative development and management of the basin. However, to date there has been virtually no explicit discussion of the economic value of cooperative water resources development.

Policy Design

Have Countries with Lax Environmental Regulations a Comparative Advantage in Polluting Industries?

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We aim to study whether lax environmental regulations induce comparative advantages, causing the least-regulated countries to specialize in polluting industries.

Policy Design

Explaining Environmental Management in Central and Eastern Europe

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The paper analyzes the adoption of various environmental management systems (EMS) by industrial firms in Central and Eastern Europe approximately eight years after economic transitions began.

Climate Change

The Benefits and Costs of Informal Sector Pollution Control: Traditional Mexican Brick Kilns

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In developing countries, the rapid proliferation of informal firms – low-technology unlicensed micro-enterprises – is having significant environmental impacts. Yet environmental management authorities typically ignore such firms.

Conservation