On the Use of Market-Based Instruments to Reduce Air Pollution in Asia

The high rates of economic activity and environmental degradation in Asia demand the implementation of creative and cost-effective environmental policy instruments that provide polluters with more flexibility to find least-cost solutions to pollution reduction. Despite their many theoretical advanta...

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Bibliographic Details
Published inSustainability Vol. 11; no. 18; p. 4895
Main Authors Coria, Jessica, Köhlin, Gunnar, Xu, Jintao
Format Journal Article
LanguageEnglish
Published Basel MDPI AG 01.09.2019
Subjects
Air pollution
Asia
Biomass
Coal
developing countries
domestic heating
Economic conditions
Economics
Electricity
Emissions
emissions permits
Energy
energy production
Environmental degradation
Environmental policy
Environmental quality
Forest & brush fires
Households
Indoor air quality
Industrial plant emissions
informational policies
Kerosene
Key Words: marked-based instruments
LPG
Megacities
Mortality
Nationalekonomi
Outdoor air quality
Pollution control
Population
Power plants
subsidies
Sustainability
taxes
Traffic congestion
transport
Urban areas
VOCs
Volatile organic compounds
Southeast Asia
Asia
China
Indonesia
India
South Asia
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Summary:The high rates of economic activity and environmental degradation in Asia demand the implementation of creative and cost-effective environmental policy instruments that provide polluters with more flexibility to find least-cost solutions to pollution reduction. Despite their many theoretical advantages, the use of market-based instruments (MBIs) is a relatively recent phenomenon in Asia, partly due to policymakers being unfamiliar with MBIs and countries lacking the institutional capacity to implement and enforce them. This paper reviews the Asian experience with MBIs intended to reduce air pollution emissions and synthetizes lessons to be drawn and areas for improvement.
ISSN:2071-1050
2071-1050
DOI:10.3390/su11184895