Governance

Gate of Heavenly Peace in the smog
April 25, 2012
China’s air quality is bad – everyone knows that. We should not, however, ignore the fact that China is moving ahead in air quality management very quickly, and we should not confuse achievement with what it still has to do. China is doing a lot of the right things although there is a long way to go. After all, it took the US some forty years to set standards and develop its sophisticated regulatory system. China’s 12th Five Year Plan (2011-2015) has specific air pollutant reduction targets to fulfill. Bowing to public pressure, in March 2012 the Chinese government tightened air quality standards and published a phasing-in timetable nationwide.
Deng Xiaoping eyes China's ecological destrution
April 13, 2012
China's environment is sick, suffering not just a single, isolated disease but widespread epidemics. This is indisputable. And no matter how thoroughly we analyse individual causes, it is clear that without fixing its ill-fated development model, China will be forever chasing its pollution problem and will never get ahead of it. The country is once again in urgent need of an emancipated mind-set, redefining the concept of development to address today's conditions and to bring order out of chaos.
POSCO India protest
April 02, 2012
India’s increasingly assertive National Green Tribunal, launched last October, has made its most high-profile ruling to date by suspending the environmental license given to the South Korean company Posco for building a steel plant in the state of Orissa and ordering a fresh review by the Ministry of Environment and Forests (MoEF). The plant has faced stiff opposition from local people campaigning to save farmland and woodland. A government panel had been pushing for the license to be scrapped, but it was conditionally approved in January 2011.
APAC green growth
February 24, 2012
The Asia Pacific region (APAC) has the potential to be a world leader in low carbon growth, but only if it adopts a new development strategy, says a joint study released by the Asian Development Bank (ADB) and UN agencies. The report, Green Growth, Resources and Resilience - Environmental Sustainability in Asia and the Pacific, is aimed at supporting policy-makers as they prepare for the 2012 UN Conference on Sustainable Development (Rio +20), in June.
One take on a World Environment Organisation logo
January 11, 2012
The United Nations will be convening in Rio de Janeiro, Brazil, next June to commemorate the 20th anniversary of the Earth Summit, held in the same city. The Rio+20 conference will assess progress since 1992 and aim to secure renewed political commitment to sustainable development. One of the priorities is recognizing that current governance systems to protect the environment have failed to meet expectations — indeed, the health of our environment has taken a turn for the worse over the past decades.
Japan has used funds from its tsunami recovery budget to subsidise its controversial annual whaling program, according to environmental activists. Greenpeace says JPY2.3 billion (USD30 million) is being used to fund extra security measures for the whaling fleet, which is is reportedly headed for Antarctic waters this week.
October 10, 2011
One of China's biggest wind turbine markers, US-listed A-Power Energy Generation Systems is still facing problems with its accountants. It turns out that BDO Daejoo LLC, which previously had agreed to act as its independent auditor, has resigned. In a swift move to overcome criticism its has signed up Simon & Edward, LLP to audit the company's financial statements for the year ended December 31, 2010.
The Chinese government is to establish two new companies from the design and construction businesses of the power grid groups in a long deliberated move to restructure the power industry.
Yingli Green Energy Holding has had a board shake up. Chi Ping Martin Lau, an independent director and member of the audit and compensation committee for Yingli Solar has resigned from the board. The official statement said the resignation was to allow him to better focus on his duties as President of Tencent Holdings.
China high-speed train wreck
September 09, 2011
In the absence of a good governance system China’s “Power the Nation” dream is pushing the country into rapid environmental deterioration. Throughout this year, the alarm bells have been ringing: