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Green growth and the new industrial revolution

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  • Green growth and the new industrial revolution
  • Alex Bowen; Chris Duffy; Sam Fankhauser
  • Global Green Growth Institute


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Title Green growth and the new industrial revolution
Similar Titles
Material Type Reports
Author(English)

Alex Bowen; Chris Duffy; Sam Fankhauser

Publisher

[Seoul, Korea] : Global Green Growth Institute

Date 2016-01
Series Title; No Policy Brief
Pages 24
Language English
File Type Link
Subject Territorial Development < Environment
Official Aid
Holding Global Green Growth Institute
License

Abstract

The green growth transition will be large, system-wide and structural. In other words, a new industrial revolution. According to a new policy brief published on January 26, by the Grantham Research Institute on Climate Change and the Environment at London School of Economics and Political Science, this will require new green growth policies that foster economic growth and development while ensuring that natural assets continue to provide the resources and environmental services on which our well-being relies (OECD, 2011). More and better evidence is needed to support the design of effective green growth policies and to understand their impact on the economy.
This policy brief summarizes the main policy implications of a two-year research program, sponsored by the Global Green Growth Institute (GGGI), which aimed to contribute to the growing evidence base. The research program focused on a number of important aspects of green growth, primarily as related to climate change, namely climate-resilient development, the economics of internalizing the carbon externality via carbon pricing and the impact of green growth policies on jobs and innovation.