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14 January 2016 - Issue 1
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Feature: The GGKP launches two new research committees on Law and Inclusiveness
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The GGKP has launched the Green Growth and Law Research Committee and the Inclusiveness Research Committee. The Law Committee draws together 17 experts from 12 organisations and focuses on identifying critical knowledge and data gaps related to the ways rule of law and legal frameworks enable green growth and sustainable development.
The Inclusiveness Committee is made up of experts from across 18 organisations and explores the social consequences and benefits of implementing green growth strategies.
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This report, 'The Economic Consequences of Climate Change' from the OECD, provides a new detailed quantitative assessment of the consequences of climate change on economic growth through 2060 and beyond. It focuses on how climate change affects different drivers of growth, including labour productivity and capital supply, in different sectors across the world. The sectoral and regional analysis shows that while the impacts of climate change spread across all sectors and all regions, the largest negative consequences are projected to be found in the health and agricultural sectors, with damages especially strong in Africa and Asia.
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Green Growth Best Practice (GGBP) report available in Chinese and Mongolian
The GGBP report, 'Green Growth in Practice: Lessons from Country Experiences' was the first comprehensive international assessment of lessons from experiences of pursuing green growth across all levels of government and all regions. Its Executive Summary is now available in Chinese and the full report in Mongolian.
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Costa Rica's progress in green growth
The report, 'Bridging Costa Rica's Green Growth Gap: How to Support Further Transformation toward a Green Economy', from GIZ, CDKN and ODI, looks at the concrete results of green growth in Costa Rica. It examines the root causes of under-performance, the synergies between the country's economy and environment and prospects for future progress in both domains. Finally it highlights the deep structural challenges to the organisation of Costa's Rica's economy, and it suggests some 'quick wins' that will propel Costa Rica towards long-term approaches to better align its economic and environmental performance.
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Fiscal instruments to support action on climate change
The role of fiscal instruments in supporting action on climate
change is increasingly recognized with a number of climate
related fiscal instruments being implemented across the world. The briefing paper, 'Fiscal Policy Reforms for Climate Change', from UNEP, GIZ and IMF summarises recent work carried out on the topic by the Green Fiscal Policy Network, and offers reflections on how fiscal policy reforms can support action on climate change.
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Opportunities for improving resource efficiency in the EU
This paper, ' Resource Efficiency Indicators for Policy-Making', from CEPS, explains the added value of the www.measuring-progress.eu web tool, which aims to improve the way policy-makers and others involved in the policy process can access, understand and use indicators for resource efficiency. It provides practical examples of relevant indicators in the form of the EU Resource Efficiency Scoreboard and a case study showing how the web tool established by NETGREEN can be used in practice. The paper concludes with a number of policy recommendations.
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Protecting the environment and stimulating the economy can go hand in hand
This paper, 'Why Finance Ministers Favor Carbon Taxes, Even If They Do Not Take Climate Change into Account', which won Best Overall Paper at the GGKP's Third Annual Conference, has now been published in the journal, Environmental and Resource Economics. The paper analyses how governments should reform their tax system when they find themselves competing for mobile capital and are constrained by tight budgets, but have to finance productive public investments. The results of the study show that it is best to lower corporate taxes and instead put a price on the carbon content of fossil resources.
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What is the best way to use revenue from carbon pricing?
The Grantham Research Institute on Climate Change and the Environment and the Global Green Growth Institute have released the policy brief, 'Carbon Pricing: How Best to Use the Revenue?'. The policy brief examines the arguments for the three main classes of spending proposal - pricing carbon, taxation or emission quota auctioning. The pros and cons of different proposals are likely to have different weights in different countries, so this brief concludes with some thoughts about the questions policymakers need to answer before they decide which proposals to adopt.
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Making the right choices for low-carbon technologies and electricity production
The International Resource Panel and UNEP have released a summary for policy makers of the paper, 'Green Energy Choices: The Benefits, Risks and Trade-Offs of Low-Carbon Technologies for Electricity Production'. The summary aims to support policy-makers in choosing technologies, infrastructures and energy sources. It does so through an analysis of the mainstream commercially available renewable and non-renewable power generation technologies, analysing their GHG mitigation potential, but also tradeoffs.
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