We find that firms winning Green Company Awards in China from 2008 to 2011 experienced on average insignificant and in some cases significantly negative effects on shareholder value. Various robustness checks suggest that these findings are not driven by the inefficiency of the Chinese stock...

Monitoring of the environmental impacts of consumption is necessary for the evaluation of current performance and to support the understanding of how initiatives for change can be implemented. We discuss design issues and methodology for an Environmentally Sensitive Shopper (ESS) index to...

The achievement of positive Environmental Performance (EP) at national level could strongly depend on differences in regional features, namely productive specialization, regulation stringency and innovation capabilities of both public institutions and the private business sector. We present...

Agenda 21 required countries to develop and regularly update a national set of indicators for sustainable development. Several countries now have such sets also including separate indicators for climate change. Some of these indicators typically report global concentration of green house gasses...

This is an empirical study of the firm and country determinants of foreign direct investment (FDI) and how it is affected by the stringency of environmental regulations in host countries. We employ disaggregated data on sales by Norwegian multinationals' affiliates from 1999 to 2005 that allow...

Community Based Natural Resource Management (CBNRM) programs in Botswana have had limited conservation effect because the provision of development benefits is not contingent on wildlife conservation. Building on existing discussions about which development initiatives these programs should...

Bio-energy demand is known to be influenced by geographical origin and social equity. This paper aims to highlight the influence of the proximity between biomass production and energy consumption on the demand for alternative bio-fuels. In the context of Burkina Faso, we explore potential demand...

Land is an essential yet limited natural resource. Its current unsustainable use highlights the need for sustainability policies. In order to explore potential policy strategies, we use the concepts of stocks and durable institutions as tools for analysing temporal structures in nature and...

This paper contributes to the debate on the inducement of environmental innovations by analyzing the extent to which endogenous inducement mechanisms spur the generation of greener technologies in contexts characterized by weak exogenous inducement pressures. In the presence of a fragile...

We “extend” standard arguments for greening the product side of the national accounts to the income side of the accounts and turn up an anomaly. For an economy with oil use, no entry for oil income, a supposed primary factor, appears in the income side of the national accounts when the...