From Growth to Green Growth : A Framework

Hallegatte, Stephane; Heal, Geoffrey; Fay, Marianne; Treguer, David

dc.creator	Hallegatte, Stephane
dc.creator	Heal, Geoffrey
dc.creator	Fay, Marianne
dc.creator	Treguer, David
dc.date	2012-03-19T18:06:34Z
dc.date	2012-03-19T18:06:34Z
dc.date	2011-11-01
dc.date.accessioned	2023-02-17T21:01:23Z
dc.date.available	2023-02-17T21:01:23Z
dc.identifier	http://www-wds.worldbank.org/external/default/main?menuPK=64187510&pagePK=64193027&piPK=64187937&theSitePK=523679&menuPK=64187510&searchMenuPK=64187283&siteName=WDS&entityID=000158349_20111207171314
dc.identifier	http://hdl.handle.net/10986/3670
dc.identifier.uri	http://localhost:8080/xmlui/handle/CUHPOERS/244634
dc.description	Green growth is about making growth processes resource-efficient, cleaner and more resilient without necessarily slowing them. This paper aims at clarifying these concepts in an analytical framework and at proposing foundations for green growth. The green growth approach proposed here is based on (1) focusing on what needs to happen over the next 5-10 years before the world gets locked into patterns that would be prohibitively expensive and complex to modify and (2) reconciling the short and the long term, by offsetting short-term costs and maximizing synergies and economic co-benefits. This, in turn, increases the social and political acceptability of environmental policies. This framework identifies channels through which green policies can potentially contribute to economic growth. However, only detailed country- and context-specific analyses for each of these channels could reach firm conclusion regarding their actual impact on growth. Finally, the paper discusses the policies that can be implemented to capture these co-benefits and environmental benefits. Since green growth policies pursue a variety of goals, they are best served by a combination of instruments: price-based policies are important but are only one component in a policy tool-box that can also include norms and regulation, public production and direct investment, information creation and dissemination, education and moral suasion, or industrial and innovation policies.
dc.language	English
dc.relation	Policy Research working paper ; no. WPS 5872
dc.rights	CC BY 3.0 IGO
dc.rights	http://creativecommons.org/licenses/by/3.0/igo/
dc.rights	World Bank
dc.subject	AGRICULTURE
dc.subject	AIR
dc.subject	AIR CONDITIONERS
dc.subject	AIR POLLUTION
dc.subject	AIR QUALITY
dc.subject	ALTERNATIVE POLICIES
dc.subject	ASSETS
dc.subject	BENCHMARK
dc.subject	BENCHMARKING
dc.subject	CAPITAL MARKETS
dc.subject	CARBON
dc.subject	CARBON EMISSIONS
dc.subject	CARBON PRICE
dc.subject	CARBON TAX
dc.subject	CLIMATE
dc.subject	CLIMATE CHANGE
dc.subject	CLIMATE DAMAGES
dc.subject	CLIMATE POLICIES
dc.subject	CLIMATE SENSITIVITY
dc.subject	COAL
dc.subject	COASTAL STORMS
dc.subject	COMMON PROPERTY
dc.subject	COMMON PROPERTY RESOURCES
dc.subject	COMPETITIVENESS
dc.subject	CONSUMERS
dc.subject	CONSUMPTION PATTERNS
dc.subject	COST OF FUEL
dc.subject	DEVELOPMENT ECONOMICS
dc.subject	DEVELOPMENT POLICY
dc.subject	DISCOUNT RATE
dc.subject	DISTRIBUTIONAL EFFECTS
dc.subject	DISTRIBUTIONAL IMPACTS
dc.subject	DOUBLE DIVIDEND
dc.subject	DRINKING WATER
dc.subject	ECONOMIC ACTIVITY
dc.subject	ECONOMIC BENEFITS
dc.subject	ECONOMIC DEVELOPMENT
dc.subject	ECONOMIC GROWTH
dc.subject	ECONOMIC IMPACTS
dc.subject	ECONOMIC IMPLICATIONS
dc.subject	ECONOMIC PERFORMANCE
dc.subject	ECONOMIC POLICIES
dc.subject	ECONOMIC PROBLEM
dc.subject	ECONOMIC PROGRESS
dc.subject	ECONOMIC VALUE
dc.subject	ECONOMICS LITERATURE
dc.subject	ECONOMICS OF SCALE
dc.subject	ECONOMIES OF SCALE
dc.subject	ECONOMIES OF SCOPE
dc.subject	ELASTICITIES
dc.subject	ELASTICITY
dc.subject	ELASTICITY OF SUBSTITUTION
dc.subject	ELECTRIC POWER
dc.subject	EMISSION REDUCTION
dc.subject	EMISSION REDUCTIONS
dc.subject	EMISSIONS REDUCTION
dc.subject	EMPIRICAL EVIDENCE
dc.subject	ENERGY CONSUMPTION
dc.subject	ENERGY DEMAND
dc.subject	ENERGY EFFICIENCY
dc.subject	ENERGY EFFICIENCY MEASURES
dc.subject	ENERGY EFFICIENCY STANDARD
dc.subject	ENERGY EFFICIENCY STANDARDS
dc.subject	ENERGY INFRASTRUCTURE
dc.subject	ENERGY POLICY
dc.subject	ENERGY PRICE
dc.subject	ENERGY PRICES
dc.subject	ENERGY SAVINGS
dc.subject	ENERGY SECURITY
dc.subject	ENERGY USE
dc.subject	ENVIRONMENTAL
dc.subject	ENVIRONMENTAL ACCOUNTING
dc.subject	ENVIRONMENTAL BENEFITS
dc.subject	ENVIRONMENTAL CATASTROPHE
dc.subject	ENVIRONMENTAL CHANGES
dc.subject	ENVIRONMENTAL CONSERVATION
dc.subject	ENVIRONMENTAL DAMAGES
dc.subject	ENVIRONMENTAL DEGRADATION
dc.subject	ENVIRONMENTAL ECONOMICS
dc.subject	ENVIRONMENTAL EXTERNALITIES
dc.subject	ENVIRONMENTAL GOODS
dc.subject	ENVIRONMENTAL IMPACTS
dc.subject	ENVIRONMENTAL IMPROVEMENT
dc.subject	ENVIRONMENTAL ISSUES
dc.subject	ENVIRONMENTAL KUZNETS
dc.subject	ENVIRONMENTAL MANAGEMENT
dc.subject	ENVIRONMENTAL PERFORMANCE
dc.subject	ENVIRONMENTAL POLICIES
dc.subject	ENVIRONMENTAL POLICY
dc.subject	ENVIRONMENTAL PROBLEM
dc.subject	ENVIRONMENTAL PROBLEMS
dc.subject	ENVIRONMENTAL PROTECTION
dc.subject	ENVIRONMENTAL QUALITY
dc.subject	ENVIRONMENTAL REGULATION
dc.subject	ENVIRONMENTAL REGULATIONS
dc.subject	ENVIRONMENTAL TAXATION
dc.subject	ENVIRONMENTAL VALUATION
dc.subject	EQUILIBRIUM
dc.subject	EXOGENOUS SHOCKS
dc.subject	EXPECTED UTILITY
dc.subject	EXPECTED VALUES
dc.subject	EXPENDITURES
dc.subject	EXTERNAL COSTS
dc.subject	EXTERNALITIES
dc.subject	EXTERNALITY
dc.subject	FARMS
dc.subject	FINANCIAL SUPPORT
dc.subject	FISH
dc.subject	FISHERIES
dc.subject	FISHING
dc.subject	FOOD PRODUCTION
dc.subject	FORESTRY
dc.subject	FOSSIL FUELS
dc.subject	FUEL PRICES
dc.subject	GDP
dc.subject	GDP PER CAPITA
dc.subject	GREEN ACCOUNTING
dc.subject	GREENHOUSE GASES
dc.subject	GROWTH MODELS
dc.subject	GROWTH POLICIES
dc.subject	GROWTH POLICY
dc.subject	GROWTH POTENTIAL
dc.subject	GROWTH RATE
dc.subject	GROWTH THEORY
dc.subject	HIGH UNEMPLOYMENT
dc.subject	HUMAN CAPITAL
dc.subject	HURRICANES
dc.subject	IMPERFECT INFORMATION
dc.subject	INCOME
dc.subject	INEFFICIENCY
dc.subject	INFLATION RATE
dc.subject	INVESTMENT IN ENERGY EFFICIENCY
dc.subject	IRREVERSIBILITY
dc.subject	JOBS
dc.subject	LABOR FORCE
dc.subject	LABOR MARKETS
dc.subject	LABOR PRODUCTIVITY
dc.subject	LAND USE
dc.subject	LIVING STANDARDS
dc.title	From Growth to Green Growth : A Framework
dc.type	Publications & Research :: Policy Research Working Paper
dc.coverage	The World Region
dc.coverage	The World Region