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From Growth to Green Growth - a Framework

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  • Stéphane Hallegatte
  • Geoffrey Heal
  • Marianne Fay
  • David Treguer

Abstract

Green growth is about making growth resource-efficient, cleaner and more resilient without slowing it. This paper aims at clarifying this in an analytical framework and proposing foundations for green growth. This framework identifies channels through which green policies can potentially contribute to economic growth. Finally, the paper discusses the policies that can be implemented to capture co-benefits and environmental benefits. Since green growth policies pursue a variety of goals, they are best served by a combination of instruments: price-based policies are important but are only one component in a policy tool-box that can also include norms and regulation, public production and direct investment, information creation and dissemination, education and moral suasion, or industrial and innovation policies.

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Bibliographic Info

Paper provided by National Bureau of Economic Research, Inc in its series NBER Working Papers with number 17841.

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Date of creation: Feb 2012
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Handle: RePEc:nbr:nberwo:17841

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References

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Citations

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Cited by:
  1. Duscha, Vicki & Schumacher, Katja & Schleich, Joachim & Buisson, Pierre, 2013. "Costs of meeting international climate targets without nuclear power," Working Papers "Sustainability and Innovation" S7/2013, Fraunhofer Institute for Systems and Innovation Research (ISI).
  2. Barbier, Edward B., 2012. "Natural capital, ecological scarcity and rural poverty," Policy Research Working Paper Series 6232, The World Bank.
  3. Hallegatte, Stephane & Fay, Marianne & Vogt-Schilb, Adrien, 2013. "Green industrial policies : when and how," Policy Research Working Paper Series 6677, The World Bank.
  4. Chen, Zexian & He, Jingjing, 2013. "Foreign aid for climate change related capacity building," Working Paper Series UNU-WIDER Research Paper , World Institute for Development Economic Research (UNU-WIDER).
  5. Anna Dimitrova & Katarina Hollan & Daphne Laster & Andreas Reinstaller & Margit Schratzenstaller & Ewald Walterskirchen & Teresa Weiss, 2013. "Literature review on fundamental concepts and definitions, objectives and policy goals as well as instruments relevant for socio-ecological transition," WWWforEurope Working Papers series 40, WWWforEurope.
  6. K. Jenkins, 2013. "Indirect economic losses of drought under future projections of climate change: a case study for Spain," Natural Hazards, International Society for the Prevention and Mitigation of Natural Hazards, vol. 69(3), pages 1967-1986, December.
  7. Khanna, Neha, 2013. "Output, emissions, and technology: Some thoughts," Economics Letters, Elsevier, vol. 118(2), pages 284-286.
  8. Nwaobi, Godwin, 2013. "The Economics of Climate Change and Science of Global Warming Debate:African Perspectives," MPRA Paper 46807, University Library of Munich, Germany.
  9. Spencer, Thomas & Lucas, Chancel & Emmanuel, Guerin, 2012. "Exiting the crisis in the right direction: A sustainable and shared prosperity plan for Europe," MPRA Paper 38802, University Library of Munich, Germany.
  10. Jouvet, Pierre-André & De Perthuis, Christian, 2012. "La croissance verte : de l’intention à la mise en oeuvre," Economics Papers from University Paris Dauphine 123456789/10234, Paris Dauphine University.
  11. Huang, Yongfu & Quibria, M. G., 2013. "Green growth: theory and evidence," Working Paper Series UNU-WIDER Research Paper , World Institute for Development Economic Research (UNU-WIDER).
  12. Resnick, Danielle & Tarp, Finn & Thurlow, James, 2012. "The Political Economy of Green Growth: Illustrations from Southern Africa," Working Paper Series UNU-WIDER Research Paper , World Institute for Development Economic Research (UNU-WIDER).
  13. repec:wbk:wbpubs:15790 is not listed on IDEAS

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