Developing a Circular Economy in China : Highlights and Recommendations
Author(s)
World BankKeywords
ENVIRONMENTAL MANAGEMENTENVIRONMENTAL DAMAGES
INSTITUTIONAL FRAMEWORKS
ENVIRONMENTAL IMPACTS
FINANCIAL PERFORMANCE
DISTORTED INCENTIVES
GDP
DEVELOPMENT STRATEGIES
ENVIRONMENTAL PERFORMANCE
BUSINESS MANAGERS
BEST PRACTICES
ECONOMIC ACTIVITIES
EMISSION STANDARDS
EQUIPMENT
EXPORTS
IMPLEMENTATION PROCESS
ENVIRONMENTAL PROTECTION
CIVIL SOCIETY ORGANIZATIONS
LEGISLATION
ENVIRONMENTAL INFORMATION
BEST PRACTICE
CONCEPTUAL FRAMEWORK
ENVIRONMENTAL TAXES
LABOR FORCE
COMMERCE
CIVIL SOCIETY
CONSUMERS
BUSINESS OPERATION
INSPECTION
INDUSTRIAL ECOLOGY
ENVIRONMENTAL PROTECTION ACTIVITIES
INTERNATIONAL STANDARDS
ADMINISTRATIVE COST
CURRENT LEGAL SYSTEM
COMMODITIES
BENCHMARK
DECISION MAKING
DEVELOPED COUNTRIES
BEST-PRACTICE
CIRCULAR FLOW
ECONOMIC JUSTIFICATION
HUMAN DEVELOPMENT
ECONOMIC GROWTH
KNOWLEDGE SHARING
GENERAL PUBLIC
ACCOUNTING
EXTERNALITIES
EFFICIENCY IMPROVEMENT
FINANCIAL SUPPORT
COAL PRICES
FOSSIL FUELS
ACCOUNTABILITY
GROWTH PATH
COMPUTERS
CLIMATE CHANGE
HEALTH PROBLEMS
ECONOMIC INSTRUMENTS
INNOVATION
ECONOMIC POLICIES
DEVELOPMENT STRATEGY
COMMODITY
ENVIRONMENTAL IMPROVEMENT
LAWS
FINANCIAL CRISIS
EMISSION TAX
GAS
CERTIFICATION
CONSUMER ELECTRONICS
INDUSTRIAL SECTOR
LICENSES
BENCHMARKS
FINANCIAL TERMS
ENVIRONMENTAL DEGRADATION
EXCHANGE RATE
GOVERNMENT OFFICIALS
INEFFICIENCY
ENVIRONMENTAL
CELL PHONES
ADVERSE IMPACTS
HARMONIZATION
ECONOMIC THEORY
GLOBAL MARKET
BUSINESS ASSOCIATIONS
GOVERNMENT OFFICES
INDUSTRIAL PROCESSES
GOVERNMENT ORGANIZATIONS
COAL
EMISSIONS
COD
FREE MARKET ECONOMY
ECONOMIC DEVELOPMENT
CORPORATE MANAGERS
ENABLING ENVIRONMENT
EXTERNAL COSTS
ECONOMIC STRUCTURE
CONSUMER PARTICIPATION
EXCISE TAXES
ENERGY EFFICIENCY
ENVIRONMENTAL QUALITY
INDUSTRIAL SOURCES
INNOVATIONS
CONSTRUCTION
ECONOMICS
LEADERSHIP
ENERGY CONSUMPTION
INFORMATION DISCLOSURE
EQUILIBRIUM
DRINKING WATER
INCOME
IRON
ECONOMIC GOODS
ACID RAIN
COPYRIGHT
IRRIGATION WATER
COLLAPSE
AIR QUALITY
INDUSTRIAL DEVELOPMENT
CAPACITY BUILDING
EFFLUENT FEES
ENVIRONMENTAL REGULATIONS
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http://hdl.handle.net/10986/18889Abstract
China's rapid economic growth over the past decades has been accompanied by substantial depletion of natural resources, degradation of major ecosystems, and serious environmental pollution with adverse impacts on human health. China's government fully recognizes that such trends cannot continue indefinitely and therefore is committed to building a resource-saving and environmentally- friendly society as a stated national policy. It has adopted the circular economy (CE) approach as a core component of its sustainable development strategy. The ultimate objective of the CE approach is to achieve the decoupling of economic growth from natural resource depletion and environmental degradation. The Chinese government has been promoting CE on a number of fronts - legislation, policy reform, pilot projects, and monitoring and evaluation activities. This briefing note highlights and recommends further actions the government should take to enhance the effectiveness of its efforts to develop a circular economy. Based on the findings and results from the World Bank-supported CE studies, the note focuses on four key areas that deserve greater attention: 1) a balanced mix of policy instruments; 2) participation by both industry and the public in the CE approach; 3) capacity building; and 4) the role of the government and governance.Date
2014-07-17Identifier
oai:openknowledge.worldbank.org:10986/18889http://hdl.handle.net/10986/18889
Copyright/License
http://creativecommons.org/licenses/by/3.0/igo/Collections
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