Sustainable Industrial Development in Punjab, Pakistan
Greening Pakistan’s industry has become an imperative to minimize its adverse impacts on the environment and society, but also to sustain the sector’s growth. Despite substantial growth in recent decades, the industrial sector is yet to make its fu...
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World Bank, Washington, DC
2019
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| Online Access: | http://documents.worldbank.org/curated/en/290561563186401579/Sustainable-Industrial-Development-in-Punjab-Pakistan http://hdl.handle.net/10986/32119 |
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okr-10986-321192021-05-25T09:46:04Z Sustainable Industrial Development in Punjab, Pakistan World Bank Group GREEN GROWTH SMALL AND MEDIUM ENTERPRISES PRIVATE SECTOR DEVELOPMENT SUSTAINABLE DEVELOPMENT INDUSTRIAL DEVELOPMENT INDUSTRIAL POLLUTION RESOURCE ALLOCATION INDUSTRIAL WASTE INDUSTRIALIZATION ENVIRONMENTAL POLICY GREEN INDUSTRY Greening Pakistan’s industry has become an imperative to minimize its adverse impacts on the environment and society, but also to sustain the sector’s growth. Despite substantial growth in recent decades, the industrial sector is yet to make its full contribution to Pakistan’s development. Limited consideration of the growing resource use, waste, and pollution that have accompanied industrialization has imposed mounting economic, environmental, and social costs. This is particularly true in large urban centers around which industries agglomerate, such as Lahore and Karachi. At the same time, poor environmental management has become a liability for Pakistan’s industries, which notably undermines the competitiveness of export-oriented manufacturing sectors. The challenges posed by industries’ lack of environmental sustainability jeopardize Pakistan’s development and are expected to worsen under a business-as-usual scenario. The Government of Punjab (GoPunjab) should put sustainable industrialization at the center of its growth strategy and should modernize its policy toolkit for this purpose. Punjab’s Growth Strategy 2018 envisioned that growth must be private sector-led, investment-driven, export-oriented, environmentally sound, and employment-intensive. Developing an ambitious and integrated policy to green industries would be a strategic way to jointly achieve these objectives, and in so doing, Punjab could become a lighthouse for the rest of Pakistan. This would require both strengthening environmental policy (stick) and developing elements of a green industrial policy looking at investment, innovation, and trade (carrot). Importantly, policy objectives should go beyond the current focus on pollution control and compliance, to include preventive and circular approaches at the firm and industry levels that could yield environmental and productivity/competitiveness gains. The time has come to integrate these approaches in strategies and regulations, and to institutionalize and mainstream them across relevant government agencies. 2019-07-17T20:32:32Z 2019-07-17T20:32:32Z 2019-06 Report http://documents.worldbank.org/curated/en/290561563186401579/Sustainable-Industrial-Development-in-Punjab-Pakistan http://hdl.handle.net/10986/32119 English CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo World Bank World Bank, Washington, DC Economic & Sector Work :: Other Environmental Study Economic & Sector Work South Asia Pakistan |
| repository_type |
Digital Repository |
| institution_category |
Foreign Institution |
| institution |
Digital Repositories |
| building |
World Bank Open Knowledge Repository |
| collection |
World Bank |
| language |
English |
| topic |
GREEN GROWTH SMALL AND MEDIUM ENTERPRISES PRIVATE SECTOR DEVELOPMENT SUSTAINABLE DEVELOPMENT INDUSTRIAL DEVELOPMENT INDUSTRIAL POLLUTION RESOURCE ALLOCATION INDUSTRIAL WASTE INDUSTRIALIZATION ENVIRONMENTAL POLICY GREEN INDUSTRY |
| spellingShingle |
GREEN GROWTH SMALL AND MEDIUM ENTERPRISES PRIVATE SECTOR DEVELOPMENT SUSTAINABLE DEVELOPMENT INDUSTRIAL DEVELOPMENT INDUSTRIAL POLLUTION RESOURCE ALLOCATION INDUSTRIAL WASTE INDUSTRIALIZATION ENVIRONMENTAL POLICY GREEN INDUSTRY World Bank Group Sustainable Industrial Development in Punjab, Pakistan |
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South Asia Pakistan |
| description |
Greening Pakistan’s industry has become
an imperative to minimize its adverse impacts on the
environment and society, but also to sustain the sector’s
growth. Despite substantial growth in recent decades, the
industrial sector is yet to make its full contribution to
Pakistan’s development. Limited consideration of the growing
resource use, waste, and pollution that have accompanied
industrialization has imposed mounting economic,
environmental, and social costs. This is particularly true
in large urban centers around which industries agglomerate,
such as Lahore and Karachi. At the same time, poor
environmental management has become a liability for
Pakistan’s industries, which notably undermines the
competitiveness of export-oriented manufacturing sectors.
The challenges posed by industries’ lack of environmental
sustainability jeopardize Pakistan’s development and are
expected to worsen under a business-as-usual scenario. The
Government of Punjab (GoPunjab) should put sustainable
industrialization at the center of its growth strategy and
should modernize its policy toolkit for this purpose.
Punjab’s Growth Strategy 2018 envisioned that growth must be
private sector-led, investment-driven, export-oriented,
environmentally sound, and employment-intensive. Developing
an ambitious and integrated policy to green industries would
be a strategic way to jointly achieve these objectives, and
in so doing, Punjab could become a lighthouse for the rest
of Pakistan. This would require both strengthening
environmental policy (stick) and developing elements of a
green industrial policy looking at investment, innovation,
and trade (carrot). Importantly, policy objectives should go
beyond the current focus on pollution control and
compliance, to include preventive and circular approaches at
the firm and industry levels that could yield environmental
and productivity/competitiveness gains. The time has come to
integrate these approaches in strategies and regulations,
and to institutionalize and mainstream them across relevant
government agencies. |
| format |
Report |
| author |
World Bank Group |
| author_facet |
World Bank Group |
| author_sort |
World Bank Group |
| title |
Sustainable Industrial Development in Punjab, Pakistan |
| title_short |
Sustainable Industrial Development in Punjab, Pakistan |
| title_full |
Sustainable Industrial Development in Punjab, Pakistan |
| title_fullStr |
Sustainable Industrial Development in Punjab, Pakistan |
| title_full_unstemmed |
Sustainable Industrial Development in Punjab, Pakistan |
| title_sort |
sustainable industrial development in punjab, pakistan |
| publisher |
World Bank, Washington, DC |
| publishDate |
2019 |
| url |
http://documents.worldbank.org/curated/en/290561563186401579/Sustainable-Industrial-Development-in-Punjab-Pakistan http://hdl.handle.net/10986/32119 |
| _version_ |
1764475826013732864 |