Handbook on Green Growth

Edited by Roger Fouquet, Associate Professorial Research Fellow, Grantham Research Institute on Climate Change and the Environment, London School of Economics and Political Science, UK

'While strong opinions often dominate the debate on economic growth versus the environment, this Handbook gives an honest evaluation of conflicting evidence and theories. It provides a splendidly rich variety of interpretations of the green growth idea. The thoughtful extrapolations of historical cases and suggestions for future policies towards the transition to a greener economy - with or without growth - make us aware that green growth is at the heart of the world economy's future.'--Sjak Smulders, Tilburg University, the Netherlands'Providing a clear introduction and varied country overviews, this accessible book is of relevance to both the general reader and the more technical specialist. Written without jargon this book demonstrates that economists can tackle real world problems in simple prose. In a clear and accessible style, this edited volume brings together cutting-edge analysis from some of the leading green economy thinkers. The book covers both more conceptual insights and applied country studies ranging from Europe, the US, Asia and Africa. It rightfully highlights China for its massive national success in switching to low carbon energy, whilst continuing to export dirty coal technology, financing 30% of the world s coal plants under development. Ultimately the book ends with an interesting series of chapters that explore the links between green growth and the knowledge economy.'--Paul Steele, International Institute for Environment and Development'The global economy stands at a critical juncture: the policy choices we make right now will determine whether or not humanity stands a chance of halting climate change. This Handbook is a vital reminder that ''green'' and ''growth'' can and must go together - we just need the right combination of integrated economic and environmental policies. It maps out the major questions, opportunities and challenges that we face in our efforts to follow a ''green growth'' path, and is therefore a critical and timely contribution for policy makers who are trying to make environmentally-friendly growth a success.'--Angel Gurría, Secretary-General, OECD

• Contents:IntroductionRoger FouquetPART I. THE GROWTH STRATEGY1. Policies for green growth versus policies for no growth: a matter of timingRichard G. Lipsey2. The Limits to Green GrowthPeter A. Victor and Martin Sers3. Green “Agrowth” – the Next Development Stage of Rich CountriesJeroen C.J.M. van den Bergh and Stefan DrewsPART II. THE POTENTIAL FOR GREEN GROWTH AND ITS IMPACTS 4. Path-Dependence, Innovation and the Economics of Climate ChangePhilippe Aghion, Cameron Hepburn, Alex Teytelboym and Dimitri Zenghelis5. Long-Term Productivity Growth and the EnvironmentAlex Bowen6. The Challenge of Decoupling Economic Expansion and Environmentally Damaging Energy Uses: Can Energy Efficiency Actions Deliver Cleaner Economic Expansion?Karen Turner and Antonios Katris7. Targeted Technology Strategies for Low-Carbon Economic Growth: Linking Bottom-Up and Top-Down AssessmentsIan Sue Wing and Govinda Timilsina8. Inclusive Labour Markets for Green GrowthAlex BowenPART III. THE DRIVERS OF GREEN GROWTH 9. Growth, Structural Transformation, and the New Global Agenda: What this means for China and the World Ehtisham Ahmad, Isabella Neuweg and Nicholas Stern10. Climate Change Policy, Innovation and Growth Antoine Dechezleprêtre, Ralf Martin and Samuela Bassi11. Financing Green GrowthGregor Semieniuk and Mariana Mazzucato12. Green Startups and Local Knowledge Bases: Newborn suppliers of energy-related technologies in Italian ProvincesAlessandra Colombelli and Francesco Quatraro13. Addressing the Political Economy of Green Industrial Policy with Economic GeographyMaria CarvalhoPART IV. GREEN TRANSFORMATIONS 14. The Green Growth Economy as an Engine of Development: The Case of ChinaJohn A. Mathews15. Green Growth in South Korea Jae-Seung Lee16. Reforming Energy Policy in India: Assessing the Options Ian Parry, Victor Mylonas and Nate Vernon17. Green Transformations and State Bureaucracy in the Global SouthMarkus Lederer, Linda Wallbott and Frauke Urban18. Economic Transformation and Green Growth for African EconomiesRussel Bishop and Milan BrahmbhattPART V. BEYOND GREEN GROWTH19. Transitioning to Smart Green Growth: Lessons from HistoryCarlota Perez20. The Invisible Hand and the Weightless EconomyDanny Quah21. The Transition from a Fossil-Fuel Economy to a Knowledge Economy Roger Fouquet and Ralph HippeIndex