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Climate Change and Industrial Policy

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  • Wim Naudé

    (Maastricht School of Management, Endepolsdomein 150, 6229 EP, Maastricht, The Netherlands)

Abstract

Industrial policy (IP) can make an important contribution to both environmental and social sustainability. The purpose of this paper is to explore the new rationale for IP due to climate change and to determine its implications for the how of industrial policy. 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.

Suggested Citation

  • Wim Naudé, 2011. "Climate Change and Industrial Policy," Sustainability, MDPI, vol. 3(7), pages 1-19, July.
    • Handle: RePEc:gam:jsusta:v:3:y:2011:i:7:p:1003-1021:d:13178
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    Cited by:

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    2. Inwon Kang & Hae Seok Jee & Matthew Minsuk Shin, 2018. "Affective Policy Performance Evaluation Model: A Case of an International Trade Policy Implementation," Sustainability, MDPI, vol. 10(1), pages 1-18, January.
    3. Masoud Saatsaz, 2020. "A historical investigation on water resources management in Iran," Environment, Development and Sustainability: A Multidisciplinary Approach to the Theory and Practice of Sustainable Development, Springer, vol. 22(3), pages 1749-1785, March.
    4. Liobikienė, Genovaitė & Butkus, Mindaugas, 2019. "Scale, composition, and technique effects through which the economic growth, foreign direct investment, urbanization, and trade affect greenhouse gas emissions," Renewable Energy, Elsevier, vol. 132(C), pages 1310-1322.
    5. Lin, Boqiang & Omoju, Oluwasola E. & Okonkwo, Jennifer U., 2015. "Impact of industrialisation on CO2 emissions in Nigeria," Renewable and Sustainable Energy Reviews, Elsevier, vol. 52(C), pages 1228-1239.
    6. Guendalina Anzolin & Amir Lebdioui, 2021. "Three Dimensions of Green Industrial Policy in the Context of Climate Change and Sustainable Development," The European Journal of Development Research, Palgrave Macmillan;European Association of Development Research and Training Institutes (EADI), vol. 33(2), pages 371-405, April.
    7. Lebdioui, Amir, 2022. "Nature-inspired innovation policy: Biomimicry as a pathway to leverage biodiversity for economic development," Ecological Economics, Elsevier, vol. 202(C).
    8. Otioma, Chuks & Nsanzumuhire, Silas U. & Grillitsch, Markus & Jirström, Magnus, 2023. "Seeking for the shift towards challenge-oriented innovation policies: Tracing digitalization policies over two decades in Africa," Papers in Innovation Studies 2023/9, Lund University, CIRCLE - Centre for Innovation Research.
    9. Kamel Touati & Ousama Ben-Salha, 2024. "Reconsidering the Long-Term Impacts of Digitalization, Industrialization, and Financial Development on Environmental Sustainability in GCC Countries," Sustainability, MDPI, vol. 16(9), pages 1-16, April.
    10. Boguslawa Bek-Gaik & Anna Surowiec, 2022. "The Quality of Business Model Disclosure in Integrated Reporting: Evidence from Poland," European Research Studies Journal, European Research Studies Journal, vol. 0(1), pages 3-26.

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    More about this item

    Keywords

    climate change; sustainable development; industrialization; industrial policy; low-carbon growth;
    All these keywords.

    JEL classification:

    • Q - Agricultural and Natural Resource Economics; Environmental and Ecological Economics
    • Q0 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - General
    • Q2 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Renewable Resources and Conservation
    • Q3 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Nonrenewable Resources and Conservation
    • Q5 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics
    • 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
    • O13 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - Agriculture; Natural Resources; Environment; Other Primary Products

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