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Green growth: From intention to implementation

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  • Pierre-André Jouvet
  • Christian de Perthuis

Abstract

The economic crises seems blinding the governments and major economic actors toward environmental troubles. Nevertheless, the impacts of population growth and economic expansion have now the potential to disrupt important regulatory functions of global ecological systems. Green growth involves transforming the production and consumption processes in order to maintain or restore these regulatory functions of the planet's natural capital. It requires that environmental facto rs be treated as an essential factor of production and not merely an externality. In practice, this transition depends on advances being made in four areas: widening the concept of efficiency; energy transitions; inclusion of the value of natural capital in economic life; and a revision of the scale of risks within the financial system whose innovations for allocating resources at low cost to green growth would be greatly facilitated by effective pricing of environmental pollution.

Suggested Citation

  • Pierre-André Jouvet & Christian de Perthuis, 2013. "Green growth: From intention to implementation," International Economics, CEPII research center, issue 134, pages 29-55.
    • Handle: RePEc:cii:cepiie:2013-q2-134-3
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    Cited by:

    1. Jingxiao Zhang & Hui Li & Steve Hsueh-Ming Wang, 2017. "Analysis and Potential Application of the Maturity of Growth Management in the Developing Construction Industry of a Province of China: A Case Study," Sustainability, MDPI, vol. 9(1), pages 1-36, January.
    2. Ringel, Marc & Schlomann, Barbara & Krail, Michael & Rohde, Clemens, 2016. "Towards a green economy in Germany? The role of energy efficiency policies," Applied Energy, Elsevier, vol. 179(C), pages 1293-1303.
    3. Hongge Zhu & Zhenhuan Chen & Shaopeng Zhang & Wencheng Zhao, 2022. "The Role of Government Innovation Support in the Process of Urban Green Sustainable Development: A Spatial Difference-in-Difference Analysis Based on China’s Innovative City Pilot Policy," IJERPH, MDPI, vol. 19(13), pages 1-19, June.
    4. Armand Kasztelan & Anna Nowak & Joanna Hawlena, 2019. "Green Growth in Agriculture in the European Union: Myth or Reality?," European Research Studies Journal, European Research Studies Journal, vol. 0(4), pages 35-48.
    5. Xiaofei Lv & Xiaoli Lu & Guo Fu & Chunyou Wu, 2018. "A Spatial-Temporal Approach to Evaluate the Dynamic Evolution of Green Growth in China," Sustainability, MDPI, vol. 10(7), pages 1-15, July.

    More about this item

    Keywords

    Green growth; Environmental economics; Political economics;
    All these keywords.

    JEL classification:

    • O44 - Economic Development, Innovation, Technological Change, and Growth - - Economic Growth and Aggregate Productivity - - - Environment and Growth
    • P48 - Political Economy and Comparative Economic Systems - - Other Economic Systems - - - Legal Institutions; Property Rights; Natural Resources; Energy; Environment; Regional Studies
    • Q56 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics - - - Environment and Development; Environment and Trade; Sustainability; Environmental Accounts and Accounting; Environmental Equity; Population Growth

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