By Tadayoshi Terao
Improvement of Environmental coverage in Japan and Asian nations [ improvement of Environmental coverage in Japan and Asian nations via Terao, Tadayoshi ( writer ) Hardcover Feb- 2007 ] Hardcover Feb- 15- 2007
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Extra resources for Development of Environmental Policy in Japan and Asian Countries
The loan schemes for pollution prevention provided exclusively to small and medium enterprises were set up in FY1960, through the Small and Medium Enterprise Modernization Promotion Fund. , together with the Pollution Control Service Corporation, inaugurated funding to small and medium enterprises for pollution prevention. 16 Under the ‘construction and transfer’ scheme, complete facilities are transferred at construction cost on the condition of long-term low-interest loans, to relocate factories discharging pollutants away from multiuse areas of residence and industries.
Preferential tax measures are known as ‘the tax expenditure’. As for preferential treatment for environmental pollution prevention, direct subsidy to private enterprises from the central government has never been spent to promote investment for pollution prevention. However, for research and development on pollution prevention technology, substantial assistance was given by the central government to private enterprises. Local governments supplied subsidies mainly for the small and medium enterprises to prevent industrial pollution.
Moreover, in conjunction with the promotion of pollution prevention investment by private enterprise, the development of the pollution prevention (industrial machine) industry and the pollution prevention engineering industry was indispensable. Various industrial policies for development of those industries were implemented, based on the Machine Industry Promotion Temporary Measures Law. The standardization of anti-pollution devices and measuring devices was carried out as well and contributed to the formation of those markets.