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A greener path to competitiveness : policies for climate action in industries and products (English)

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.

Details

  • Author

    Kechichian,Etienne Raffi, Pantelias,Alexios, Reeves,Ari, Henley,Guy, Liu,Jiemei

  • Document Date

    2016/07/01

  • Document Type

    Working Paper

  • Report Number

    107967

  • Volume No

    1

  • Total Volume(s)

    1

  • Country

    World,

  • Region

    The World Region,

  • Disclosure Date

    2016/08/24

  • Disclosure Status

    Disclosed

  • Doc Name

    A greener path to competitiveness : policies for climate action in industries and products

  • Keywords

    civil society need;minimum energy performance standard;nationally determine contribution;carbon capture and storage;national greenhouse gas inventory;access to technical assistance;mitigation of climate change;risks from climate change;global carbon dioxide emission;industrial sector;tons of carbon;energy efficiency standard;greenhouse gas emission;corporate social responsibility;compact fluorescent lamp;terms of performance;global value chain;standard of living;basic oxygen furnace;higher value added;rapid population growth;reducing environmental impact;global market share;market for exports;total ghg emissions;consumption of good;environmentally friendly technologies;barriers to adoption;rapid economic development;energy efficiency improvement;industrial energy use;role of technology;Climate Change Policy;combat climate change;energy efficient appliance;high energy price;field of energy;energy efficiency finance;energy efficiency intervention;social and environmental;access to finance;traditional fossil fuel;renewable energy source;climate change mitigation;net present value;energy efficiency measure;global temperature rise;government and business;capacity of country;impact of intervention;carbon dioxide equivalent;form of electricity;emission trading scheme;reducing energy usage;foreign trade partners;forms of energy;Private Sector Growth;total energy consumption;specific emission factor;emissions from consumption;rapid technological change;tax credit program;supply chain linkage;cost of production;liberalization of market;carbon reduction;environmental regulation;industrial operation;business case;Emerging economies;climate mitigation;emerging economy;carbon policy;public policy;consumer price;air conditioner;home appliance;manufacturing industry;domestic manufacturer;emission growth;payback period;transaction cost;clothes dryer;Investment Flow;energy cost;carbon abatement;nonferrous metal;heat pump;net export;Environmental Policy;manufacturing process;increase productivity;carbon tax;resilient infrastructure;technological innovation;co2 emission;International Trade;price competitiveness;industrial competitiveness;technology solution;policy option;cheap products;multilateral institution;global population;raw material;trade theory;product area;intangible factor;industrial equipment;market activity;competitive level;transport emission;Job Creation;operational change;product category;land use;Economic Policy;innovative process;large emission;enabling environment;innovation activity;regulated companies;positive impact;industrial facility;ample evidence;energy technology;carbon market;competitiveness index;physical asset;Technology Diffusion;resource availability;heat supply;total emissions;high emissions;geological survey;industrial production;international market;Sector Competitiveness;global resource;technological development;global emission;transport route;world production;emissions relative;technological content;energy production;international community;industrial emission;cost of energy production;policy scenario;potential implication;western society;coal features;chemical sector;fuel mix;nonmetallic mineral;manufacturing facility;global energy;wood product;international competition;international collaboration;resource consumption;commodity price;production process;firm level;carbon emission;qualitative research;factor income;production volume;energy statistic;indirect emission;energy intensities;grid electricity;cost index;energy intensity;relative price;industrial activity;real benefits;competitive sector;Performance Standards;industry standard;waste regulations;environmental license;emission limit;role models;manufacturing sector;policy solutions;industrial process;research expert;green development;political consensus;coal-fired power;national climate;peak power;market barrier;upstream interventions;industry sector;development path;product introduction;global economy;human societies;emission source

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Citation

Kechichian,Etienne Raffi Pantelias,Alexios Reeves,Ari Henley,Guy Liu,Jiemei

A greener path to competitiveness : policies for climate action in industries and products (English). Washington, D.C. : World Bank Group. http://documents.worldbank.org/curated/en/835691472028683380/A-greener-path-to-competitiveness-policies-for-climate-action-in-industries-and-products