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Asian Environment Outlook 2001 : IV. Toward Policy Integration : Managing Economic Fundamentals
Removing Pricing Barriers to Technology AdoptionImport duties, tariffs, other market distortions, and high-purchase prices continue to form barriers to the adoption of clean technologies. Although new, eco-efficient technologies are being developed at an impressive pace, few are being adopted on a wide scale in DMCs. Policy integration requires that the whole set of policy incentives and disincentives be re-examined to isolate these barriers. Nowhere is this more important than with regard to decisions within a sector on whether or not to retrofit new production processes or environmental control technologies. Policy makers should promote a supportive environment for eco-efficient retro-fitting through enhanced depreciation schedules, tax breaks, or environmental certification schemes. Dissemination of case studies showing the "win-win" nature of retrofits and the rapid payback periods that are possible will also help to convince reluctant firms in the same sector as well as uninformed financiers.
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