compared to many command-and-control regulations, while voluntary initiatives may 2 The idea that a given level of abatement is efficient — as opposed to
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[PDF] World Bank Documents
Command and control and market-based incen- tives can achieve the same ambient quality, but market-based incentives are generally more cost-effective
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efficiency and cost effectiveness, equity considerations, and enforceability Environment standards - tools for command-and-control Command-and-control
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CAC is like a "one-size-fits-all" approach (World Bank 1999) that does not categorically consider varying performance of polluters, thereby ignoring the efficiency
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In economic terms, more efficient alternatives to allocate natural resources or to attend to the environmental quality objectives, always desired at lower costs, are
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compared to many command-and-control regulations, while voluntary initiatives may 2 The idea that a given level of abatement is efficient — as opposed to
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