Climate Change and Industrial Policy
AbstractThis paper explores the implications of climate change for industrial policy (IP). Five implications are discussed, namely the need for international coordination of IPs; for putting human development, and not emission targets, as the overriding objective of low-carbon IP; of stimulating innovation for energy efficiency, energy diversification, and carbon capture and storage; and for aligning IP with trade policies. Finally the funding needs of low-carbon IPs are discussed, and the importance of private sector funding emphasized.
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Bibliographic InfoPaper provided by World Institute for Development Economic Research (UNU-WIDER) in its series Working Paper Series with number UNU-WIDER Research Paper WP2011/77.
Date of creation: 2011
Date of revision:
climate change; sustainable development; industrialization; industrial policy; low-carbon growth;
Other versions of this item:
- Q54 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics - - - Climate; Natural Disasters
- O25 - Economic Development, Technological Change, and Growth - - Development Planning and Policy - - - Industrial Policy
- O40 - Economic Development, Technological Change, and Growth - - Economic Growth and Aggregate Productivity - - - General
This paper has been announced in the following NEP Reports:
- NEP-ALL-2012-03-28 (All new papers)
- NEP-ENE-2012-03-28 (Energy Economics)
- NEP-ENV-2012-03-28 (Environmental Economics)
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