Economic policies to foster green growth
Environment and Trade
With environmental threats on the rise, how can we attain both economic and environmental challenges in a global economy? Less stringent policies give an advantage to more pollution-intensive production, but at the expense of less polluting industries. Read more on whether stricter environmental policies hurt export competitiveness.
> Read the brochure on "How stringent are environmental policies" which presents new quantitative measures of environmental policy stringency (EPS) developed by the OECD.
Environment and Productivity
Greener growth requires stringent environmental policies that are flexible and minimise barriers to entry and competition. The choice and implementation of environmental policy instruments is likely to be crucial. Flexible, market based instruments such as taxes and trading schemes are found to be more friendly to productivity growth.
> Do environmental policies matter for productivity growth?
Green Growth Working Papers