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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
Economies around the world have arrived at a critical juncture: to continue to grow fuelled by fossil fuels and exacerbate climate change, or to move towards more sustainable, greener, growth. Choosing the latter is shown to help address climate change, as well as present new economic opportunities. This Handbook provides a deeper understanding of the concept of green growth, and highlights key lessons from the experience of green transformations across the world following a decade of ambitious stimulus packages and green reforms.
Extent: 528 pp
Hardback Price: $290.00 Web: $261.00
Publication Date: 2019
ISBN: 978 1 78811 067 9
Availability: In Stock
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  • Economics and Finance
  • Energy Economics
  • Environmental Economics
  • Environment
  • Energy Economics
  • Environmental Economics
Economies around the world have arrived at a critical juncture: to continue to grow fuelled by fossil fuels and exacerbate climate change, or to move towards more sustainable, greener, growth. Choosing the latter is shown to help address climate change, as well as present new economic opportunities. This Handbook provides a deeper understanding of the concept of green growth, and highlights key lessons from the experience of green transformations across the world following a decade of ambitious stimulus packages and green reforms.

With comprehensive chapters from key researchers in the field drawn from across the globe, the Handbook on Green Growth offers up to date and original analysis of the many facets of the phenomenon of green growth. Is economic growth desirable? When can economic growth and environmental policies work together? What are the key factors that will achieve green growth? What will be the multiple impacts of green growth? And, what have been the experiences of economies that have undertaken a green transformation?

This Handbook will be a key resource for students and academics interested in economics, environmental and ecological studies, as well as for those specialising in environmental policy. It will also be a valuable tool for policy makers concerned about the dual objectives of stimulating economic growth and addressing environmental damage.
‘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
Contributors: P. Aghion, E. Ahmad, S. Bassi, R. Bishop, A. Bowen, M. Brahmbhatt, M. Carvalho, A. Colombelli, A. Dechezlepretre, S. Drews, C. Hepburn, R. Hippe, A. Katris, M. Lederer, J.-S. Lee, R.G. Lipsey, R. Martin, J.A. Mathews, M. Mazzucato, V. Mylonas, I. Neuweg, I. Parry, C. Perez, D. Quah, F. Quattro, G. Semieniuk, M. Sers, N. Stern, I. Sue Wing, A. Teytelboym, G. Timilsina, K. Turner, F. Urban, J.C.J.M van den Bergh, N. Vernon, P.A. Victor, L. Wallbott, D. Zenghelis










Contents:

Introduction Roger Fouquet

PART I. THE GROWTH STRATEGY
1. Policies for green growth versus policies for no growth: a matter of timing
Richard G. Lipsey

2. The Limits to Green Growth
Peter A. Victor and Martin Sers

3. Green “Agrowth” – the Next Development Stage of Rich Countries
Jeroen C.J.M. van den Bergh and Stefan Drews

PART II. THE POTENTIAL FOR GREEN GROWTH AND ITS IMPACTS
4. Path-Dependence, Innovation and the Economics of Climate Change
Philippe Aghion, Cameron Hepburn, Alex Teytelboym and Dimitri Zenghelis

5. Long-Term Productivity Growth and the Environment
Alex Bowen

6. The Challenge of Decoupling Economic Expansion and Environmentally Damaging Energy Uses: Can Energy Efficiency Actions Deliver Cleaner Economic Expansion?
Karen Turner and Antonios Katris

7. Targeted Technology Strategies for Low-Carbon Economic Growth: Linking Bottom-Up and Top-Down Assessments
Ian Sue Wing and Govinda Timilsina

8. Inclusive Labour Markets for Green Growth
Alex Bowen

PART 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 Stern

10. Climate Change Policy, Innovation and Growth
Antoine Dechezleprêtre, Ralf Martin and Samuela Bassi

11. Financing Green Growth
Gregor Semieniuk and Mariana Mazzucato

12. Green Startups and Local Knowledge Bases: Newborn suppliers of energy-related technologies in Italian Provinces
Alessandra Colombelli and Francesco Quatraro

13. Addressing the Political Economy of Green Industrial Policy with Economic Geography
Maria Carvalho

PART IV. GREEN TRANSFORMATIONS
14. The Green Growth Economy as an Engine of Development: The Case of China
John A. Mathews

15. Green Growth in South Korea
Jae-Seung Lee

16. Reforming Energy Policy in India: Assessing the Options
Ian Parry, Victor Mylonas and Nate Vernon

17. Green Transformations and State Bureaucracy in the Global South
Markus Lederer, Linda Wallbott and Frauke Urban

18. Economic Transformation and Green Growth for African Economies
Russel Bishop and Milan Brahmbhatt

PART V. BEYOND GREEN GROWTH
19. Transitioning to Smart Green Growth: Lessons from History
Carlota Perez

20. The Invisible Hand and the Weightless Economy
Danny Quah

21. The Transition from a Fossil-Fuel Economy to a Knowledge Economy
Roger Fouquet and Ralph Hippe

Index