Environmental Regulation And Public Disclosure: The Case Of Proper In Indonesia by Shakeb AfsahEnvironmental Regulation And Public Disclosure: The Case Of Proper In Indonesia by Shakeb Afsah

Environmental Regulation And Public Disclosure: The Case Of Proper In Indonesia

byShakeb Afsah, Allen Blackman, Jorge H. Garcia

Hardcover | March 27, 2013

Pricing and Purchase Info

$153.86 online 
$168.00 list price save 8%
Earn 769 plum® points

Prices and offers may vary in store

Quantity:

In stock online

Ships free on orders over $25

Not available in stores

about

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.

Shakeb Afsahis a Performance Monitoring and Public Disclosure Specialist at Performeks, LLC Bethesda, Maryland. While working at the World Bank in the 90s, he was instrumental in helping the government of Indonesia implement its environmental rating and public disclosure program (PROPER). He also runs the climate policy analysis initia...
Loading
Title:Environmental Regulation And Public Disclosure: The Case Of Proper In IndonesiaFormat:HardcoverDimensions:152 pages, 9.21 × 6.14 × 0.98 inPublished:March 27, 2013Publisher:Taylor and FrancisLanguage:English

The following ISBNs are associated with this title:

ISBN - 10:0415657652

ISBN - 13:9780415657655

Reviews

Table of Contents

Preface  1. Introduction  2. Public Disclosure in Developing Countries  3. Institutional History of Indonesia's Environmental Rating and Public Disclosure Program  4. Rating Methodology and Implementation  5. The Effectiveness of PROPER  6. Which Firms Were More Sensitive to PROPER?  7. How does PROPER work?  8. The Impact of Financial Crisis on PROPER  9. Current Status of PROPER (2001-2011)  10. Summary and conclusions

Editorial Reviews

"This book, Environmental Regulation and Public Disclosure, gives a comprehensive background and analysis of the PROPER system and its perceived success so far. In chapters 2 and 3, the authors outline the challenges faced by developing countries¿particularly Indonesia¿in promoting public disclosure initiatives that can push different private and public companies to improve their environmental performance." ¿ Fitrian Ardiansyah, The Australian National University