China: “Green” Accounting and Incentive Programmes. Economic instruments such as pollution charges, pricing policy favorable terms of investment for environmental technology, market creation, as well as ecological compensation fees, are being introduced and, in the coming decade, China aims to incorporate natural resource and environment values into the accounting system for its national economy and to establish a pricing system that reflects environmental cost.
Environmental Service Subsidies in Thailand. Thailand has subsidized capital investment of the treatment of hazardous waste and toxic chemicals, implemented a servicecharge on community wastewater treatment and introduced a price differentiation between leaded and unleaded fuels.
Taxes in Philippines, India, and Korea. Economic incentives and disincentives are being employed to promote environmental conservation and efficient resource use. Incentives include preferential tax credits and accelerated depreciation allowances on pollution abatement and control equipment. For example, tax deductions stimulated the installation of industrial anti-pollution equipment in the Philippines and the Republic of Korea, while in India an investment allowance of 35%, compared with the general rate of 25%, is provided toward the cost of new machinery and plant for pollution control or environment protection.