Growth and Innovation
The Growth and Innovation research group explores the potential for green growth and its many benefits in terms of cleaner, more efficient economies.
Clean growth is the only realistic pathway to meeting the aspirations of the Paris Agreement, with bold and transformative steps needed to move the global economy onto a sustainable path.
Researchers from this group explore the role of green innovation and the dynamic cycle of investment and growth it could unleash in the context of cities, energy technologies and integrated assessment models. They look back in history to see what we can learn from previous energy transitions and economic transformations.
In this paper the authors raise the question of whether there is an economic incentive for firms to pursue strategies of clean, environmentally supportive innovation as opposed to carbon-emitting dirty innovation activities. read more »
The Grantham Research Institute’s response to the Commons Select Committee inquiry into decarbonisation of the UK economy highlights the Treasury’s unique position in government to drive the transition towards net-zero greenhouse gas emissions while maintaining a focus on economic growth. read more »
In this article looking at the decline of coal use in the UK Josh Burke says a confluence of market drivers & regulatory interventions (in particular the introduction of a carbon price support scheme in 2013) have steered the UK away from coal. read more »