Environmental Regulation and Public Disclosure

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).

Shakeb Afsah is 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 initiative CO2 Scorecard. Allen Blackman is a Senior Fellow with Resources for the Future, Washington DC. He coordinates RFF's participation in the Environment for Development (EfD) initiative and is a research fellow at the EfD Center for Central America. Jorge H. García is a Senior Research Fellow at the Centre for International Climate and Environmental Research (CICERO), Oslo, Norway. Thomas Sterner is Visiting Chief Economist at the Environmental Defense Fund and Professor of Environmental Economics at the University of Gothenburg, Sweden. He was President of the European Association of Environmental and Resource Economists 2008-9 and has published several books, most recently Fuel Taxes and the Poor as well as Policy Instruments for Environmental and Natural Resource Management (both RFF Press, 2011-2).

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