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Environmental Regulation and Public Disclosure - The Case of PROPER in Indonesia (Hardcover, New)
Loot Price: R3,876
Discovery Miles 38 760
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Environmental Regulation and Public Disclosure - The Case of PROPER in Indonesia (Hardcover, New)
Series: Environment for Development
Expected to ship within 12 - 17 working days
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This book is a remarkable case study of an environmental policy
initiative for a national environmental regulatory system in the
information age. In 1995 the Indonesian Ministry of Environment
took the bold step to launch an environmental disclosure initiative
called the Program for Pollution Control, Evaluation and Rating
(PROPER). Under PROPER, environmental performance of companies is
mapped into a five-color grading scale - Gold for excellent, Green
for very good, Blue for good, Red for non-compliance, and Black for
causing environmental damage. These ratings are then publicly
disclosed through a formal press conference and posted on the
internet. Not only did this simple rating scheme create a major
media buzz and enhanced environmental awareness of the general
public, but it also unleashed a wide range of performance
incentives that showed how markets with environmental information
could function in a developing country setting. The authors provide
a multidisciplinary analysis of how the PROPER program harnessed
the power of public disclosure to abate the problem of industrial
pollution. They describe how the program has successfully improved
the average environmental compliance rate from close to thrity per
cent in 1995 to as high as seventy per cent in 2011. This
improvement was driven primarily by information disclosure, which
avoided expensive and unpredictable legal enforcement through the
court system of Indonesia. The combination of institutional history
and detailed economic and analyses sheds light on the role of
policy entrepreneurs who laid the foundation for disclosure and
transparency, despite the constraints of the Suharto regime. The
PROPER program is now internationally recognized and continues to
serve as a model for many developing countries.
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