RMIT University
Browse

Impact of Accountability Mechanisms on the Public Sector Environmental Sustainability Performance: A Case Study of Sri Lanka

journal contribution
posted on 2024-11-02, 11:30 authored by Keshara De Silva De Silva Godage, Prem W Senarath YapaPrem W Senarath Yapa, Gillian VestyGillian Vesty
Asia is the fastest growing economic region that has attracted significant economic and infrastructure development. With increasing development, this region has become one of the main environmental polluters with significant environmental degradation, reduced water and air quality, and imperilled biodiversity. Traditional international donor and funding agencies such as the World Bank and Asian Development Bank have strict environmental safeguard policies drawn from Sustainable Development Goals, to ensure borrowing countries and projects comply with environmental sustainability. However, with increasing shift to non-traditional donors such as China, environmental safeguards are not a key priority in developmental projects. Public sector plays a significant role in ensuring environmental sustainability and accountability, and is increasingly being pressured to revisit their concept of sustainability. Robust public sector accountability frameworks are paramount to achieve environmentally sustainable development, however environmental sustainability research in developing country context is limited, public sector research is even scarcer. This paper aims to fill this gap by clarifying the concept of environmental accountability of public sector entities in pursuing internationally funded development projects in Sri Lanka as a fast developing country in the south Asian region. This further analyses the roles and responsibilities of public sector agencies in relation to the environmental sustainability practices and the impact of international developmental funding agencies including donor agencies on public sector accountability. The analysis indicates that despite the existing environmental sustainability guidelines and principles set by international agencies, environmental degradation continued to be a significant challenge in the country.

History

Journal

Australasian Accounting, Business and Finance Journal

Volume

14

Issue

3

Start page

170

End page

192

Total pages

23

Publisher

University of Wollongong * School of Accounting, Economics and Finance

Place published

Australia

Language

English

Copyright

Copyright © 2016 Australasian Accounting Business and Finance Journal and Authors

Former Identifier

2006097608

Esploro creation date

2020-10-17

Usage metrics

    Scholarly Works

    Exports

    RefWorks
    BibTeX
    Ref. manager
    Endnote
    DataCite
    NLM
    DC