A Greener Path to Competitiveness : Policies for Climate Action in Industries and Products
The ninth Sustainable Development Goal advises countries to build resilient infrastructure, promote inclusive and sustainable industrialization and foster innovation. Industry has historically been one of the most important pillars of economic and...
| Main Authors: | , , , , |
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| Format: | Working Paper |
| Language: | English en_US |
| Published: |
World Bank, Washington, DC
2016
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| Subjects: | |
| Online Access: | http://documents.worldbank.org/curated/en/2016/08/26723965/greener-path-competitiveness-policies-climate-action-industries-products http://hdl.handle.net/10986/24998 |
| Summary: | The ninth Sustainable Development Goal
advises countries to build resilient infrastructure, promote
inclusive and sustainable industrialization and foster
innovation. Industry has historically been one of the most
important pillars of economic and social development, but
traditional resource-intensive and heavily polluting
production is no longer sustainable in the face of climate
change. If the path of industrial growth is not redirected
immediately and effectively, reaching the target set in the
2015 Paris Agreement to avoid dangerous climate change by
limiting global warming to well below two degrees celsius,
will become unrealizable. The good news is that recent
practices demonstrate how industry could be a big part of
the solution for climate mitigation and inclusive,
sustainable development. The unprecedented task presented in
Paris, to decarbonize, globally introduces challenges but
also enormous opportunities for industries as they seek a
greener path to production while remaining globally
competitive. This report helps chart that path to industrial
competitiveness through policy and technology interventions
that improve industrial operations. At the same time it
explores ways that industrial products can become greener
through public standards while companies and countries
maintain, and even increase, competitiveness. The
information is directed toward government leaders, policy
makers, and multilateral institutions in the fields of
energy, climate mitigation, and sustainable development. The
report’s recommendations to policy makers are based on
comprehensive case studies and quantitative and qualitative analyses. |
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