Green growth

city_web_sThe move to a low-carbon economy will create economic opportunities across a broad range of sectors. The Institute carries out research into how ‘green’ policies can be designed to maximise and harness these opportunities and to understand the impact that environmental policies may have on the labour market.

 

 

 

Publications and commentaries:

offshore wind turbines

GIB going, going, gone! The future of the Green Investment Bank and sustainable investment in the UK

a commentary by Sini Matikainen  18 August, 2017

The sale of the government-backed Green Investment Bank (GIB) for £2.3bn to a consortium led by Macquarie Group Limited has been completed this week. The sale has been met with criticism, … read more »


At your service: how exporting more low-carbon services could enhance the UK’s future prosperity

a commentary by Maria Carvalho  16 August, 2017

The future of the UK’s trade with the EU and beyond is currently uncertain. What is certain is that the UK will need to secure trade deals to guarantee its … read more »


The climate impact of quantitative easing

The climate impact of quantitative easing

a policy paper by Sini Matikainen, Emanuele Campiglio, Dimitri Zenghelis  30 May, 2017

Note that an 8-page policy brief for decision-makers that draws on the full 36-page paper is available.  Headline issue Both climate change and the low-carbon transition are likely to have … read more »


How to reverse the dangerous decline in low-carbon innovation

a commentary by Antoine Dechezleprêtre  24 October, 2016

Greater public funding for low-carbon R&D and higher and stable carbon pricing mechanisms are essential to achieve Paris climate goals says Antoine Dechezleprêtre, Associate Professorial Research Fellow at the Institute. read more »


Why the end of DECC could be good news on climate change

a commentary by Samuel Fankhauser  18 July, 2016

What does the creation of a new Department for Business, Energy and Industrial Strategy (BEIS) mean for climate change policy? The move has variously been described as the abolition of … read more »


Environmental Policy and Directed Technological Change: Evidence from the European Carbon Market

Environmental Policy and Directed Technological Change: Evidence from the European Carbon Market

a research article by Raphael Calel, Antoine Dechezleprêtre  4 March, 2016

This paper investigates the impact of the European Union Emissions Trading System (EU ETS) on technological change, exploiting installations level inclusion criteria to estimate the System’s causal impact on firms’ … read more »


‘Green growth’ and the new Industrial Revolution

‘Green growth’ and the new Industrial Revolution

a policy report by Alex Bowen, Chris Duffy, Samuel Fankhauser  26 January, 2016

This policy brief summarises the main policy implications of a two-year research programme, sponsored by the Global Green Growth Institute (GGGI), which aimed to contribute to the growing evidence base on green growth. read more »


Looking for green jobs: the impact of green growth on employment

a policy report by Alex Bowen, Karlygash Kuralbayeva  26 March, 2015

Assessing the consequences of environmental policies for employment presents a considerable challenge, and at present it is not possible for policy-makers to assess conflicting claims about the quality and quantity of green jobs that have already been created, or may be created in the future. read more »


The human capital transition and the role of policy

The human capital transition and the role of policy

a working paper by Ralph Hippe, Roger Fouquet  17 March, 2015

Paper seeks to investigate how industrialised economies managed to achieve the transition from low to high levels of human capital, and goes on to identify lessons for green growth. read more »


Green growth: an assessment

Green growth: an assessment

a research article by Alex Bowen, Cameron Hepburn  18 November, 2014

‘Green growth’ is almost tautologically required for global welfare to rise in the long run. Economic growth is desirable, not least because over 1 billion people still live in conditions … read more »


Does foreign environmental policy influence domestic innovation? Evidence from the wind industry

Does foreign environmental policy influence domestic innovation? Evidence from the wind industry

a research article by Antoine Dechezleprêtre  24 July, 2014

This paper analyses the relative influence of domestic and foreign demand-pull policies in wind power across OECD countries on the rate of innovation in this technology. We use annual … read more »


The structural shift to green services: A two-sector growth model with public capital and open-access resources

The structural shift to green services: A two-sector growth model with public capital and open-access resources

a research article by Emanuele Campiglio  24 June, 2014

An expansion of economic activities with low impact on ecological resources is a crucial component of the transition to a low-carbon society. “Green” structural change is analysed here through a model with a “progressive” manufacturing sector and a “stagnant” service sector. read more »


The Scope for “Green Growth” and a New Technological Revolution

The Scope for “Green Growth” and a New Technological Revolution

a policy report by Alex Bowen  1 May, 2014

Bowen, Alex, 2014. Chapter in: The Global Development of Policy Regimes to Combat Climate Change, World Scientific Publishing. Link to publisher


Staying with the leaders: Europe’s path to a successful low-carbon economy

Staying with the leaders: Europe’s path to a successful low-carbon economy

a policy paper by Antoine Dechezleprêtre, Misato Sato  6 February, 2014

Neuhoff, K., Acworth, W., Dechezleprêtre, A., Dröge, S., Sartor, O., Sato, M., Schleicher, S., and Schopp, A. 2014. Climate Strategies. Berlin, Germany and London, UK.


Les 27 doivent s’entendre pour accélérer la croissance verte

Les 27 doivent s’entendre pour accélérer la croissance verte

a commentary by Nicholas Stern  24 January, 2014

Par Laurence Tubiana (Professeur à Sciences Po), Teresa Ribera (conseillère sur le changement climatique à l’Institut du développement durable et des relations internationales (Iddri)) et Nicholas Stern (Président de la … read more »


Adaptation to climate change and economic growth in developing countries

Adaptation to climate change and economic growth in developing countries

a research article by Antony Millner, Simon Dietz  1 January, 2014

Published in: Environment and Development Economics. Vol 20, Issue 03, June 2015, pp 380 – 406. DOI: 10.1017/S1355770X14000692, Published online: 25 November 2014. Abstract Developing countries are vulnerable to the … read more »


The structural shift to green services: a two-sector growth model with public capital and open-access resources

The structural shift to green services: a two-sector growth model with public capital and open-access resources

a working paper by Emanuele Campiglio  1 December, 2013

– Forthcoming in Structural Change and Economic Dynamics (Dec 2014). The expansion of the share of economic activity taking place in sectors with low or no … read more »


Energy use policies and carbon pricing in the UK

Energy use policies and carbon pricing in the UK

a policy report by Samuela Bassi, Alex Bowen, Samuel Fankhauser  4 November, 2013

Energy use policies and carbon pricing in the UK read more »


Climate change policies and the UK business sector: overview, impacts and suggestions for reform

a policy paper by Samuela Bassi, Antoine Dechezleprêtre, Samuel Fankhauser  1 November, 2013

The UK has a complex system of energy taxes which affect the business sector. Overlaps between taxes mean that carbon prices are uneven across sectors and fuels, and … read more »


Who will win the green race? In search of environmental competitiveness and innovation

Who will win the green race? In search of environmental competitiveness and innovation

Fankhauser, Samuel, Bowen, Alex, Calel, Raphael, Dechezlepretre, Antoine, Grover, David, Rydge, James and Sato, Misato (2013) Who will win the green race? In search of environmental competitiveness and innovation. Global … read more »


Knowledge spillovers from clean and dirty technologies: a patent citation analysis

Knowledge spillovers from clean and dirty technologies: a patent citation analysis

a working paper by Antoine Dechezleprêtre, Ralf Martin, Myra Mohnen  1 October, 2013

How much should governments subsidize the development of new clean technologies? We use patent citation data to investigate the relative intensity of knowledge spillovers in clean … read more »


Driving Growth Through Green Innovation

Driving Growth Through Green Innovation

a policy report by Dimitri Zenghelis  20 June, 2013

Chapter 12 in The Green Book. Summer 2013 – Link to publisher


Fast-tracking “green” patent applications: an empirical analysis

Fast-tracking “green” patent applications: an empirical analysis

a working paper by Antoine Dechezleprêtre  1 March, 2013

This paper presents the first empirical analysis of programmes to fast-track ‘green’ patent applications in place in seven Intellectual Property offices around the world. We find … read more »


‘Green growth’: what does it mean?

‘Green growth’: what does it mean?

a research article by Alex Bowen  20 December, 2012

What is green growth? read more »


Carbon taxes, path dependency and directed technical change: evidence from the auto industry

Carbon taxes, path dependency and directed technical change: evidence from the auto industry

a working paper by Antoine Dechezleprêtre, Ralf Martin  1 December, 2012

Can directed technical change be used to combat climate change? We construct new firm-level panel data on auto industry innovation distinguishing between “dirty” (internal combustion engine) … read more »


Who will win the green race? In search of environmental competitiveness and innovation

Who will win the green race? In search of environmental competitiveness and innovation

As the world considers greener forms of economic growth, countries and sectors are beginning to position themselves for the emerging green economy. This paper combines patent … read more »


Green growth: economic theory and political discourse

Green growth: economic theory and political discourse

a working paper by Michael Jacobs  1 October, 2012

Green growth: economic theory and political discourse read more »


Umweltschutz für den Euro

Umweltschutz für den Euro

a commentary by Nicholas Stern  2 June, 2012

Die Europäische Union muss klimaverträgliches Wachstum fördern und private Investitionen entfesseln. Das hilft auch der Wirtschaft aus der Krise. Zeit Online


‘Green’ growth, ‘green’ jobs and labor markets

‘Green’ growth, ‘green’ jobs and labor markets

a commentary by Alex Bowen  16 April, 2012

Much of the attraction of ‘green’ growth to politicians and policy-makers is the apparent promise of job creation.  Many developing countries face the prospect of rapidly growing labor forces, so … read more »


A strategy for restoring confidence and economic growth through green investment and innovation

A strategy for restoring confidence and economic growth through green investment and innovation

a policy paper by Dimitri Zenghelis  1 April, 2012

With fiscal policy generally constrained by the need to restore confidence in the sustainability of public debt and the effectiveness of monetary policy to stimulate growth is reaching its limits, … read more »


‘Green’ growth, ‘green’ jobs and labour markets

‘Green’ growth, ‘green’ jobs and labour markets

a working paper by Alex Bowen  1 April, 2012

‘Green’ growth, ‘green’ jobs and labour markets read more »


Environmental policy and directed technological change: evidence from the European carbon market

Environmental policy and directed technological change: evidence from the European carbon market

a working paper by Raphael Calel, Antoine Dechezleprêtre  1 March, 2012

This paper was updated in February 2013 This paper investigates the impact of the EU Emissions Trading Scheme (EU ETS)on technological change. We exploit installations-level inclusion … read more »


What drives the international transfer of climate change mitigation technologies? Empirical evidence from patent data

What drives the international transfer of climate change mitigation technologies? Empirical evidence from patent data

a research article by Antoine Dechezleprêtre, Matthieu Glachant  20 February, 2012

Technology transfer plays a key role in global efforts to reduce greenhouse gas emissions. In this paper, we characterize the factors that promote or hinder the international diffusion of climate-friendly technologies using detailed patent data from 96 countries for the period 1995–2007. read more »


Embarking on the low carbon journey: National Mitigation Actions as green growth vehicles in developing nations

Embarking on the low carbon journey: National Mitigation Actions as green growth vehicles in developing nations

a policy report by Alina Averchenkova  30 December, 2011

KPMG, 2011. – External link to download report (PDF)


The green growth narrative: paradigm shift or just spin?

The green growth narrative: paradigm shift or just spin?

a research article by Alex Bowen, Samuel Fankhauser  20 October, 2011

Reference Bowen, A., and Fankhauser, S. October 2011. The green growth narrative: paradigm shift or just spin? Global Environmental Change, v.21, pp.1157-1159. External link to full article|


Green growth: paradigm shift or just spin?

Green growth: paradigm shift or just spin?

a commentary by Alex Bowen, Samuel Fankhauser  26 August, 2011

There is much talk at the moment about green growth – environmentally sustainable, biodiverse, low-carbon and climate-resilient growth in human prosperity. Climate & Development Knowledge Network


An idea whose time has come

An idea whose time has come

a commentary by Michael Jacobs  24 June, 2011

Mainstream economics is beginning to recognise the opportunities alongside the climate threat, writes Michael Jacobs. Inside Times


Enough already?

Enough already?

a commentary by Dimitri Zenghelis  6 May, 2011

Review of Diane Coyle’s book ‘The Economics of Enough’ Nature, Climate Change. read more »


Grasping the opportunity

Grasping the opportunity

a commentary by Dimitri Zenghelis  1 May, 2011

With the right backing from government, the Green Investment Bank has the potential to unlock huge opportunities for investment and innovation, to drive a greener economy. Dimitri Zenghelis makes the … read more »


Does foreign environmental policy influence domestic innovation? Evidence from the wind industry

Does foreign environmental policy influence domestic innovation? Evidence from the wind industry

a working paper by Antoine Dechezleprêtre, Matthieu Glachant  1 April, 2011

This paper examines the relative influence of domestic and foreign renewable energy policies on innovation activity in wind power, using patent data from OECD countries from … read more »


A macroeconomic plan for a green recovery

A macroeconomic plan for a green recovery

a policy paper by Dimitri Zenghelis  1 January, 2011

A unique green opportunity has arisen for policy makers to create viable newmarkets, boost private investment and innovation, and stimulate the economy without requiring large public expenditure. By sending a … read more »


Low-carbon innovation in the UK: evidence from patent data

Low-carbon innovation in the UK: evidence from patent data

a policy paper by Antoine Dechezleprêtre, Ralf Martin  10 April, 2010

UK policy makers increasingly see new technologies related to the mitigation of greenhouse gas (GHG) emissions as a potential source of income growth for the UK economy. In this study, … read more »


Prosperity Without Growth

Prosperity Without Growth

a policy report by Dimitri Zenghelis  18 March, 2010

Sustainable Development Commission’s Publication, 2010 (Contributor) – External link to publication


What drives the international transfer of climate change mitigation technologies? Empirical evidence from patent data

What drives the international transfer of climate change mitigation technologies? Empirical evidence from patent data

a working paper by Antoine Dechezleprêtre, Matthieu Glachant  1 December, 2009

Using patent data from 66 countries for the 1990–2003 period, we characterise the factors that promote or hinder the international diffusion of climate-friendly technologies on a global scale read more »


Obama’s chance to lead the green recovery

Obama’s chance to lead the green recovery

a commentary by Nicholas Stern  2 March, 2009

Financial Times – registration is required.