Improving information about individual opportunity costs of deforestation agents has the potential to increase the efficiency of REDD when it takes the form of a payment for environmental services scheme. However, objectives pursued in REDD projects may vary across policy makers. Within a theoretical framework, this paper explores the impacts of different policy objectives under two opportunity cost settings: asymmetric and full information. For a policy maker aiming to maximise net income from REDD, having full information may not increase the amount of forest conserved but could lead to a redistribution of rents away from agents. By contrast, for an environmental policy maker focused on maximising the amount of forest conserved under REDD having full information increases the amount of forest conserved while reducing the rents received by agents. For a policy maker pursuing poverty alleviation objectives in REDD-affected communities, having full information makes no difference to overall welfare as rents remain with agents. The amount of deforestation avoided will at least be as high as under asymmetric information.
The need for environmentally sustainable modes of production and a more efficient use of resources i.e. Green Industry, is becoming increasingly evident. This is especially so in the developing world, which has the unique opportunity of avoiding the environmental pitfalls that the developed world has fallen into in the course of its industrial development; it can use past experience to build a Green Industrial infrastructure at the very outset. This paper provides an insight into how an increased focus on Green Industry for sustainable industrial development in developing and transition countries can contribute to the attainment of global Sustainable Development (SD) objectives. The paper seeks to elaborate on the need for and value of approaches that target industry specifically, and to promote a more equitable access to the knowledge, technologies and production processes that are needed in developing and transition countries, in order to achieve SD there and elsewhere.
This report shares the results of holistic assessments of opportunities and constraints for solving some of Viet Nam’s most pressing industrial environmental problems, paying due attention to their socioeconomic context. These served to inform and guide the development of a policy framework for widescale deployment of Green Industry approaches to ultimately achieve Green Growth in Viet Nam. A total of three replicable pilots were undertaken, from which lessons learnt and best practices were brought together to form the basis for overall policy recommendations and quantified targets. Firstly, benchmarking against good international practices in the Electric Arc Furnace (EAF) steel sector was combined with a sectoral voluntary agreement and technology roadmap, to offer a highly innovative yet equally feasible approach for Green Industry development in resource- and energy-intensive sectors.
This book presents the research and analysis carried out during the first phase of the OECD Project on Sustainable Manufacturing and Eco-innovation. Its aim is to provide benchmarking tools on sustainable manufacturing and to spur eco-innovation through better understanding of innovation mechanisms. It reviews the concepts and forms an analytical framework; analyses the nature and processes of eco-innovation; discusses existing sustainable manufacturing indicators; examines methodologies for measuring eco-innovation; and takes stock of national strategies and policy initiatives for eco-innovation. This book is part of the OECD Innovation Strategy and is also one of the first contributions to the OECD Green Growth Strategy.