Development

, Volume 58, Issue 4, pp 511–520 | Cite as

Is Everybody on Board? Voluntary Sustainability Standards and Green Restructuring

Thematic Section
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Abstract

The article introduces voluntary sustainability standards (VSS) as a governance mechanism to promote green industrial restructuring. The paper first sketches the proliferation of VSS. Next, we turn toward the potential impact of VSS and their use worldwide by analyzing the dynamics of adoption of VSS globally. We demonstrate that VSS are mainly used in developed countries (high-income economies which score well on governance indicators).

Keywords

global governance non-state market regulation certification effectiveness 

Notes

Acknowledgement

The authors thank Jadir Soares and Dominique De Brabanter for research assistance.

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Copyright information

© Society for International Development 2016

Authors and Affiliations

  1. 1.Leuven Centre for Global Governance StudiesLouvainBelgium

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