The “Green Industrial Policy: Concept, Policies, Country Experiences” report is a joint publication by UN Environment and the German Development Institute/Deutsches Institut für Entwicklungspolitik (DIE). It illustrates how green industrial policy can be a driver for a green economy transformation and highlights the social, environmental and economic co-benefits of green industrial policy.
Economic development in the age of industrialization has been achieved at the cost of severe overexploitation of natural resources. Humanity is approaching various ecological tipping points beyond which abrupt and irreversible environmental change at large geographical scale is likely to happen.
Green industrial policy instruments can support the transition to economic structures that balance environmental sustainability and wealth creation and help catalyse the needed change towards a sustainable future. The report provides valuable insights and background knowledge for policy-makers and academia and paints a detailed picture of the state of research into green industrial policy. With case studies from China, Morocco, Brazil and Germany, the report illustrates efforts for structural change around the world. A special focus is given to developing countries, because of their need for growth and their high potential for transformation, as they are not yet locked into unsustainable pathways.
Environmental fiscal reforms are addressed throughout, with chapters focused on policy options to phase out environmentally harmful industries, resource pricing and competitiveness, and fiscal incentives to promote private investment in clean technologies.
The full report is available for download on the Partnership for Action on Green Economy (PAGE) website.