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

Jessica Coria, Gunnar Köhlin and Jintao Xu
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Jintao Xu: National School of Development, Peking University, Beijing 100871, China

Sustainability, 2019, vol. 11, issue 18, 1-23

Abstract: 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.

Keywords: marked-based instruments; Asia; developing countries; taxes; subsidies; emission permits; informational policies; energy production; transport; domestic heating (search for similar items in EconPapers)
JEL-codes: O13 Q Q0 Q2 Q3 Q5 Q56 (search for similar items in EconPapers)
Date: 2019
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (4)

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