Released in May, 2007, this report evaluated China's; environmental management in the 10th FYP period.
Facing diverse and growing environmental challenges, China 'has both the financial and human capacities to deal with most of its urgent environment problems,' if it can overcome (1) the challenge to effectively allocate human and financial resources; and (2) institutional and regulatory impediments.
This CEA identified 'Gaps in Environmental Policy and Institutional Framework' for dealing with the widening scope and growing scale of environmental issues. The report proposed eight recommendations to narrow this gap by prioritizing 'Early and Expanded Use of Market-Based Instruments to Promote Efficient Use of Natural Resources and Control Pollution.'
Next steps of this report mainly address ADB's project areas and lending programs.