An Analysis and Case Study of the Role of Environmental Economics at the Asian Development Bank

Dole, David; Abeygunawardena, Piya | September 2002
Abstract
Acid rain falls on 30 percent of arable land in the People's Republic of China (PRC), according to official estimates. The resulting environmental damage is acute in parts of the Yangtze River Valley, such as Anhui Province in central PRC. Severe environmental degradation is common not only in the PRC, but also across the Asian and Pacific region. In 2001, the Asian Development Bank (ADB) approved a loan to finance a project in Anhui Province that would promote cleaner production, improve energy efficiency, and reduce waste. The Project is expected to reduce the frequency of acid rain by half, and reduce emissions of greenhouse gases by 476,800 tons per year. This paper uses the acid rain control project to illustrate the role of ADB in environmental protection in the Asian and Pacific region. The paper also uses the Project to illustrate the role of environmental economics in the economic analysis of projects at ADB, and to suggest ways to better integrate environmental economics into both development planning and the analytical process.
Citation
Dole, David; Abeygunawardena, Piya. 2002. An Analysis and Case Study of the Role of Environmental Economics at the Asian Development Bank. © Asian Development Bank. http://hdl.handle.net/11540/1449. License: CC BY 3.0 IGO.
ISSN
1655-5236
Keywords
Work Environment
Urban Environment
Social Environment
Regulatory Environments
Marine Environment
International Environmental Relations
Institutional Environment Assessment
Global Environment
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Citable URI
http://hdl.handle.net/11540/1449
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