Environmental performance rating and disclosure: China's GreenWatch program

被引:160
作者
Wang, H
Bia, J
Wheeler, D
Wang, JN
Cao, D
Lu, GF
Wang, Y
机构
[1] World Bank, Dev Res Grp, Washington, DC 20433 USA
[2] Chinese Res Inst Environm Sci, Beijing, Peoples R China
[3] Nanjing Univ, Sch Environm, Nanjing 210008, Peoples R China
关键词
environmental regulation; performance disclosure; public information; China;
D O I
10.1016/j.jenvman.2004.01.007
中图分类号
X [环境科学、安全科学];
学科分类号
08 [工学]; 0830 [环境科学与工程];
摘要
In this paper we describe a new incentive-based pollution control program in China, in which the environmental performance of firms is 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. We focus on the first two municipal disclosure programs, which have been implemented at very different levels of economic and institutional development. In both cases, the increases in compliance with pollution regulations have been similar to increases produced by public disclosure programs in Indonesia, the Philippines, and Vietnam. The results suggest that incentives created by public disclosure may significantly reduce pollution in China, even though environmental NGO's play little role and there is no formal channel for public participation in environmental regulation. (C) 2004 Elsevier Ltd. All rights reserved.
引用
收藏
页码:123 / 133
页数:11
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