Our experts help governments decide when it makes sense to employ sustainable industrial policy and what tools to use in pursuing it.
Governments are increasingly seeing the green economy as a driver of future economic growth, as well as a contributor to urgent environmental objectives such as combating climate change. As such, many of them are using or considering various types of industrial policies, employing subsidies, tax policies, export promotion and other measures to build up competitive domestic low-carbon sectors. IISD is keenly interested in three questions:
Is it possible to do this sort of industrial policy well, and if so in what circumstances? What is best practice?
What are the global (environmental) benefits and the global costs (in terms of trade and investment diverted from trading partners)?
What are the implications for trade law and policy, particularly in the areas of subsidies and intellectual property rights?
The constraints faced by governments are both economic (what sectors are ripe; what are tools effective?) and legal (what are the challenges imposed on governments by international trade and investment law?). IISD's analysis includes in-country work that focuses on the unique and common challenges faced by particular policy-makers, and by more cross-cutting work that tries to find general themes of value to those policy-makers from across a number of countries and research efforts.
Ten Years of G20 Summits: Hopes and failures
Does the G20 have anything to offer in a world of conflict and confusion?Read More
The End of Coal? What to Watch for at the Upcoming UN Climate Conference (COP24)
While COP24 was always intended to be a "technical" conference—with parties focused on finalizing the details required to operationalize the Paris Agreement—there is potential for a strong political element to the discussion.Read More
Carbon Dividends Could Save Carbon Pricing – and Create a New National Climate Consensus
Dividend payouts could hold the key to Canada's carbon pricing strategy getting back on track.Read More
Electric Vehicles vs. Fuel-Efficient Used Cars: Which really drives sustainability?
Debates surrounding the merits of electric vehicles versus fuel-efficient used cars have typically focused on carbon emissions and energy use only—but what of the conflict implications?Read More
The Coming EVolution of Road Transport
The transition to electric vehicles will cripple long-entrenched markets and create new ones; it will challenge economic and social systems to adapt at uncomfortable speeds and will be accompanied by significant shifts in geopolitical power and relations.Read More
At the Crossroads: Balancing the financial and social costs of coal transition in China
The global decline of the coal industry has led to job losses and mine closures. As Shanxi in China considers how to create new employment in a coal dependent region we review international experience of the tranistion away from coal.Read More
Climate Investment, Low-Carbon Innovation and Green Industrial Policy
IISD President-CEO Scott Vaughan offers up a timely commentary on climate investment, low-carbon innovation and green industrial policy, ahead of COP21 in Paris.Read More
Assessing Green Industrial Policy: The India experience
This report is one in a series that considers the lessons for green industrial policy that can be learned from policies in the renewable energy sector. The aim of the series is to provide policy-makers with research to support the development of cost-effective, well-targeted policies for the development of green industries.Read More
Stable Policies, Turbulent Markets-Germany's Green Industrial Policy: The costs and benefits of promoting solar PV and wind energy
This report is one in a series that considers the lessons for green industrial policy that can be learnt from policies in the renewable energy sector. The aim of the series is to provide policy makers with research to support the development of cost effective, well targeted policies for the development of green industries.Read More
Green Industrial Policy and the World Trading System
Drawing on the extensive industrial policy literature, this paper highlights some of the key lessons for policy makers considering adopting green...Read More