Enlightenment of International Experience in the “Green Economy” Transformation for Developing Countries - Innovative Management in Information and Production - page 161

green economy transformation, through the leading role of policies, the government
can guide enterprises to change their business practices. The enterprises' responses
and actions are particularly important. On the other side, enterprises will have their
own requirements on the development of policy frameworks: The first requirement
is satisfying the needs for the development of capital markets, mostly in risk,
market risk, market return, and the constant change of the market; the second
requirement is increasing the transparency of market information by announcing
market signal information on time, especially resource aspects, energy aspects
and other related areas, such as energy resources' price signal, energy supply
and demand changes; the third requirement is to evolve the government in the
enterprises' new technologies project and push the promotion and development of
new technologies.
The third aspect is to establish an interest mechanism. It is very important
to establish an interest-coordinating mechanism among government departments
and different interest parties. In the policy-making process, the government faces
conflicts and contradictions in interest in different areas and levels. The solutions
for this problem are cooperation and close coordination. Only through cooperation
and close coordination can different interest parties achieve a common interest for a
win-win condition, thus avoiding conflicts. There will be no constraints among the
development of all parties.
The fourth aspect is to pay attention to inequitable distribution problems and the
interests of vulnerable groups. A compensation mechanism should be established.
The government can solve the inequitable distribution problems caused by economic
structural adjustments and periodic reforms. A successful practice of a compensa-
tion mechanism is that the government can directly give cash subsidies to farmers, or
earn income tax relief under the conditions of growth in environment-related taxes.
The fifth aspect is the relationship between international competitiveness and
the implementation of environmental and climate policies. The government should
properly protect the relationship between international competitiveness and envi-
ronmental and climate policy implementation, and comprehensively measure the
importance of international competitiveness in terms of the economic benefits and
the environmental impact. From the experience of many OECD countries, envi-
ronmental and climate-changing policies will not negatively impact international
competitiveness.

4 International Lessons and Measures to Promote

the Green Economy Initiative

The international “green economy initiative,” presented by international multilateral
cooperation and at the international level and actively pursued mainly after the
2008-2009 financial crisis, has as its primary objective to achieve sustainable
economic recovery and as its medium- and long-term strategic objectives to seek
new employment opportunities and create new competitiveness.