Download or read book The Cost of Adjustment to Green Growth Policies written by Guido Gustavo Porto and published by . This book was released on 2012 with total page 34 pages. Available in PDF, EPUB and Kindle. Book excerpt: Green growth policies confront firms and workers with adjustments that may create welfare costs for different segments of the population and cause reductions in near-term actual versus potential gross domestic product. There is little evidence on the cost of adjustment to climate change measures, and only limited evidence for more general environmental policies, especially in developing countries. Therefore, this paper canvasses the research on adjustment costs to trade policies to draw analogies and highlight differences compared with the potential impacts of green growth policies. Trade policies affect prices and work directly on technology choice. In the presence of adjustment costs, firms may experience impacts on wages, employment, and incentives to adopt alternative technologies. Both types of trade policy impacts may be amplified by technology availability and credit constraints. Many green growth policies are likely to work via the same mechanisms, that is, taxes on emissions or changes in technology requirements. However, trade liberalization is typically seen as offering higher total incomes, albeit with winners and losers. Green growth policies are thought of as welfare-enhancing at the collective level but may not be income-enhancing at the individual level. This implies much more difficulty in measuring the potential gains associated with green growth policies.
Download or read book The Cost of Adjustment to Green Growth Policies written by Guido G. Porto and published by . This book was released on 2017 with total page 34 pages. Available in PDF, EPUB and Kindle. Book excerpt: Green growth policies confront firms and workers with adjustments that may create welfare costs for different segments of the population and cause reductions in near-term actual versus potential gross domestic product. There is little evidence on the cost of adjustment to climate change measures, and only limited evidence for more general environmental policies, especially in developing countries. Therefore, this paper canvasses the research on adjustment costs to trade policies to draw analogies and highlight differences compared with the potential impacts of green growth policies. Trade policies affect prices and work directly on technology choice. In the presence of adjustment costs, firms may experience impacts on wages, employment, and incentives to adopt alternative technologies. Both types of trade policy impacts may be amplified by technology availability and credit constraints. Many green growth policies are likely to work via the same mechanisms, that is, taxes on emissions or changes in technology requirements. However, trade liberalization is typically seen as offering higher total incomes, albeit with winners and losers. Green growth policies are thought of as welfare-enhancing at the collective level but may not be income-enhancing at the individual level. This implies much more difficulty in measuring the potential gains associated with green growth policies.
Download or read book Inclusive Green Growth written by World Bank and published by World Bank Publications. This book was released on 2012-05-01 with total page 192 pages. Available in PDF, EPUB and Kindle. Book excerpt: Inclusive Green Growth: The Pathway to Sustainable Development makes the case that greening growth is necessary, efficient, and affordable. Yet spurring growth without ensuring equity will thwart efforts to reduce poverty and improve access to health, education, and infrastructure services.
Download or read book A Framework for Assessing Green Growth Policies written by Alain De Serres and published by . This book was released on 2010 with total page 71 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book OECD Green Growth Studies Energy written by OECD and published by OECD Publishing. This book was released on 2012-01-16 with total page 105 pages. Available in PDF, EPUB and Kindle. Book excerpt: This report looks at the role of the energy sector in moving towards a green growth model and the policies to facilitate the transition.
Download or read book OECD Green Growth Studies Towards Green Growth written by OECD and published by OECD Publishing. This book was released on 2011-05-25 with total page 146 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book provides concrete recommendations and measurement tools to support countries’ efforts to achieve green economic growth and development.
Download or read book Decarbonizing Development written by Marianne Fay and published by World Bank Publications. This book was released on 2015-06-09 with total page 185 pages. Available in PDF, EPUB and Kindle. Book excerpt: The science is unequivocal: stabilizing climate change implies bringing net carbon emissions to zero. This must be done by 2100 if we are to keep climate change anywhere near the 2oC warming that world leaders have set as the maximum acceptable limit. Decarbonizing Development: Three Steps to a Zero-Carbon Future looks at what it would take to decarbonize the world economy by 2100 in a way that is compatible with countries' broader development goals. Here is what needs to be done: -Act early with an eye on the end-goal. To best achieve a given reduction in emissions in 2030 depends on whether this is the final target or a step towards zero net emissions. -Go beyond prices with a policy package that triggers changes in investment patterns, technologies and behaviors. Carbon pricing is necessary for an efficient transition toward decarbonization. It is an efficient way to raise revenue, which can be used to support poverty reduction or reduce other taxes. Policymakers need to adopt measures that trigger the required changes in investment patterns, behaviors, and technologies - and if carbon pricing is temporarily impossible, use these measures as a substitute. -Mind the political economy and smooth the transition for those who stand to be most affected. Reforms live or die based on the political economy. A climate policy package must be attractive to a majority of voters and avoid impacts that appear unfair or are concentrated on a region, sector or community. Reforms have to smooth the transition for those who stand to be affected, by protecting vulnerable people but also sometimes compensating powerful lobbies.
Download or read book Towards Green Growth written by and published by . This book was released on 2011 with total page 141 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book provides measurement tools, including indicators, to support countries' efforts to achieve economic growth and development, while ensuring that natural assets continue to provide the resources and environmental services on which well-being relies. The strategy proposes a flexible policy framework that can be tailored to different country circumstances and stages of development. This report accompanies the synthesis report Towards Green Growth.
Download or read book FYR Macedonia Green Growth Country Assessment written by Erika Jorgensen and Maria Shkaratan and published by World Bank Publications. This book was released on with total page 276 pages. Available in PDF, EPUB and Kindle. Book excerpt: This green growth country assessment for FYR Macedonia defines and assesses the economic costs and benefits of a shift to greener growth for FYR Macedonia, with a focus on climate action. Multi-sector analytic work tied together by macroeconomic modeling generated a detailed green growth path to 2050. While addressing today's economic challenges, policymakers need to keep the long-term in mind, both the likely impact of a changing climate on water, agriculture, and infrastructure and growing obligations to mitigate greenhouse gas emissions. This consideration is particularly important for decisions on long-lived infrastructure such as power supply, irrigation, or urban streets, water distribution, and sewers. Innovative modeling of water as a constraint on growth as the climate becomes warmer and drier quantified the tough tradeoffs that will be needed to balance competing demands from agriculture, the power sector, and municipalities and industry. A greener energy sector needs to aim at increased supply security, reduced greenhouse gas emissions, and increased supply efficiency: more generation to avoid blackouts and expensive imports; lignite and oil replaced by gas and renewables in the supply mix; and aggressive energy efficiency measures in industry, buildings, and households. Providing better transport services while containing accelerating emissions growth will require better fuel efficiency, more use of rail and public transport, and an integrated approach to urban transport that maximizes local cobenefits. Urban areas, especially the capital city of Skopje hold the potential to lead on greener growth. In recent years, urban sprawl, driven by growth in the number of single family houses that use wood for heating and private cars for commuting, has pushed up the energy intensity of urban life as well as the cost of delivering infrastructure services to a less-dense community. The country also needs to plan for the impact of a changing climate on the reliability and quality of infrastructure services. Planners need to decide whether to build infrastructure to be more resilient today or wait to see what happens and spend more on maintenance and rehabilitation (or replacement) later. For FYR Macedonia, the top priorities for infrastructure adaptation over the next decade include urban drainage systems, health and education facilities and municipal buildings. The main local cobenefit of mitigation will be reduction of air pollution, which is among the highest in Europe. Particulate matter pollution from industry, the power sector, and road paving can be abated through better equipment while the other large and unusual source of air pollution--the widespread use of wood for heat by urban households--can be reduced in the near-term by more modern stoves and in the long-term by better heating options. An economy-wide macroeconomic assessment estimates the impact on growth and employment of packages of green growth actions across sectors and provides advice on priorities for public investment. Climate investments pose costs upfront but provide benefits both now and later. Adaptation interventions (which protect tomorrow’s output from climate damage) are found to be less costly to growth and employment in the short-term than mitigation measures (which reduce greenhouse gas emissions) once sector results are integrated into a general equilibrium model. Under a ‘green’ climate action scenario, moderate adaptation measures in agriculture and water and incremental expenses in the climate-proofing of physical infrastructure would amount to the equivalent of around 0.1 percent of annual GDP, while moderate mitigation measures would require the mobilization of resources constituting about one percent of annual GDP. More ambitious climate action, under a ‘super-green’ scenario, would require water sector investments that reach one percent of GDP by 2015 while mitigation investments require two percent of GDP by 2020. Green climate action would together generate short-term losses to national income of more than two percent if financing is mobilized domestically, while super-green action induces even bigger losses. However, both moderate and ambitious climate action promise a medium- to long-term boost in the level of GDP—reaching 1.5 to 2 percent by 2050.
Download or read book Interim Report of the Green Growth Strategy Implementing our commitment for a sustainable future written by OECD and published by OECD Publishing. This book was released on 2010-07-01 with total page 94 pages. Available in PDF, EPUB and Kindle. Book excerpt: Green growth can be a way to pursue economic growth while preventing environmental degradation. The Interim Report highlights preliminary findings on a number of key issues that policymakers face in creating greener economies.
Download or read book Fiscal Policies for Development and Climate Action written by Miria A. Pigato and published by World Bank Publications. This book was released on 2018-12-31 with total page 240 pages. Available in PDF, EPUB and Kindle. Book excerpt: This report provides actionable advice on how to design and implement fiscal policies for both development and climate action. Building on more than two decades of research in development and environmental economics, it argues that well-designed environmental tax reforms are especially valuable in developing countries, where they can reduce emissions, increase domestic revenues, and generate positive welfare effects such as cleaner water, safer roads, and improvements in human health. Moreover, these reforms need not harm competitiveness. New empirical evidence from Indonesia and Mexico suggests that under certain conditions, raising fuel prices can actually increase firm productivity. Finally, the report discusses the role of fiscal policy in strengthening resilience to climate change. It provides evidence that preventive public investments and measures to build fiscal buffers can help safeguard stability and growth in the face of rising climate risks. In this way, environmental tax reforms and climate risk-management strategies can lay the much-needed fiscal foundation for development and climate action.
Download or read book Environmental and Energy Policy and the Economy written by Matthew J. Kotchen and published by University of Chicago Press. This book was released on 2022-01-24 with total page 275 pages. Available in PDF, EPUB and Kindle. Book excerpt: This volume presents six new papers on environmental and energy economics and policy in the United States. Rebecca Davis, J. Scott Holladay, and Charles Sims analyze recent trends in and forecasts of coal-fired power plant retirements with and without new climate policy. Severin Borenstein and James Bushnell examine the efficiency of pricing for electricity, natural gas, and gasoline. James Archsmith, Erich Muehlegger, and David Rapson provide a prospective analysis of future pathways for electric vehicle adoption. Kenneth Gillingham considers the consequences of such pathways for the design of fuel vehicle economy standards. Frank Wolak investigates the long-term resource adequacy in wholesale electricity markets with significant intermittent renewables. Finally, Barbara Annicchiarico, Stefano Carattini, Carolyn Fischer, and Garth Heutel review the state of research on the interactions between business cycles and environmental policy.
Download or read book From Green Growth to Sound Policies written by Richard Schmalensee and published by . This book was released on 2012 with total page 5 pages. Available in PDF, EPUB and Kindle. Book excerpt: "Green growth" is an attractive slogan with a variety of possible meanings. This essay critically examines several potential meanings of this slogan and provides a brief overview of some of the main implications of the other papers in this special issue. Taken together, these papers argue for the importance of careful analysis of energy/environmental policies, particularly ambitious ones claiming to offer huge benefits with little or no cost.
Download or read book OECD Environmental Performance Reviews OECD Green Growth Policy Review of Indonesia 2019 written by OECD and published by OECD Publishing. This book was released on 2019-07-10 with total page 204 pages. Available in PDF, EPUB and Kindle. Book excerpt: This is the first Green Growth Policy Review of Indonesia. It examines progress towards sustainable development and green growth, with a special emphasis on the nexus of land use, ecosystems and climate change.
Download or read book Handbook on Green Growth written by Roger Fouquet and published by Edward Elgar Publishing. This book was released on 2019 with total page 528 pages. Available in PDF, EPUB and Kindle. Book excerpt: Economies around the world have arrived at a critical juncture: to continue to grow fuelled by fossil fuels and exacerbate climate change, or to move towards more sustainable, greener, growth. Choosing the latter is shown to help address climate change, as well as present new economic opportunities. This Handbook provides a deeper understanding of the concept of green growth, and highlights key lessons from the experience of green transformations across the world following a decade of ambitious stimulus packages and green reforms.
Download or read book OECD Green Growth Studies Linking Renewable Energy to Rural Development written by OECD and published by OECD Publishing. This book was released on 2012-10-11 with total page 352 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book examines the economic impacts of government investments in renewable energy on rural areas and how such investment can bring the greatest benefit to those areas.
Download or read book OECD Environmental Performance Reviews OECD Green Growth Policy Review of Egypt 2024 written by OECD and published by OECD Publishing. This book was released on 2024-07-02 with total page 190 pages. Available in PDF, EPUB and Kindle. Book excerpt: This is the first Green Growth Policy Review of Egypt. It examines progress towards sustainable development and green growth over the past decade. The 40 recommendations aim to help Egypt improve its environmental performance, giving a special focus to building climate-smart, resilient and inclusive cities.
