Did COVID-19 accelerate the green transition?: An international assessment of fiscal spending measures to support low-carbon technologies
Stimulus packages adopted following the COVID-19 pandemic - such as the US Inflation Reduction Act and NextGenerationEU - have been presented as an opportunity to "build back better" and accelerate the transition to a low-carbon economy while re-igniting the economy. But this revival of in...
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Format: | Elektronisch E-Book |
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Sprache: | English |
Veröffentlicht: |
Paris
OECD Publishing
2023
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Schriftenreihe: | OECD Policy Briefs
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Schlagworte: | |
Online-Zugang: | kostenfrei |
Zusammenfassung: | Stimulus packages adopted following the COVID-19 pandemic - such as the US Inflation Reduction Act and NextGenerationEU - have been presented as an opportunity to "build back better" and accelerate the transition to a low-carbon economy while re-igniting the economy. But this revival of industrial policy has also raised concerns about the potential for a global green subsidy war. OECD analysed funding measures worth USD 1.3 trillion announced around the world in 2020-21 to support development and diffusion of low-carbon technologies. These measures can trigger substantial greenhouse gas emissions reductions while boosting the growth of the clean tech sector in all regions and reducing dependence over fossil fuel imports. This policy brief summarises key findings from our analysis and offers additional recommendations to policymakers |
Beschreibung: | 1 Online-Ressource (4 Seiten) 21 x 28cm |
DOI: | 10.1787/29bd5a72-en |
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physical | 1 Online-Ressource (4 Seiten) 21 x 28cm |
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spelling | Did COVID-19 accelerate the green transition? An international assessment of fiscal spending measures to support low-carbon technologies Organisation for Economic Co-operation and Development Paris OECD Publishing 2023 1 Online-Ressource (4 Seiten) 21 x 28cm txt rdacontent c rdamedia cr rdacarrier OECD Policy Briefs Stimulus packages adopted following the COVID-19 pandemic - such as the US Inflation Reduction Act and NextGenerationEU - have been presented as an opportunity to "build back better" and accelerate the transition to a low-carbon economy while re-igniting the economy. But this revival of industrial policy has also raised concerns about the potential for a global green subsidy war. OECD analysed funding measures worth USD 1.3 trillion announced around the world in 2020-21 to support development and diffusion of low-carbon technologies. These measures can trigger substantial greenhouse gas emissions reductions while boosting the growth of the clean tech sector in all regions and reducing dependence over fossil fuel imports. This policy brief summarises key findings from our analysis and offers additional recommendations to policymakers Energy Science and Technology Economics https://doi.org/10.1787/29bd5a72-en Verlag kostenfrei Volltext |
spellingShingle | Did COVID-19 accelerate the green transition? An international assessment of fiscal spending measures to support low-carbon technologies Energy Science and Technology Economics |
title | Did COVID-19 accelerate the green transition? An international assessment of fiscal spending measures to support low-carbon technologies |
title_auth | Did COVID-19 accelerate the green transition? An international assessment of fiscal spending measures to support low-carbon technologies |
title_exact_search | Did COVID-19 accelerate the green transition? An international assessment of fiscal spending measures to support low-carbon technologies |
title_full | Did COVID-19 accelerate the green transition? An international assessment of fiscal spending measures to support low-carbon technologies Organisation for Economic Co-operation and Development |
title_fullStr | Did COVID-19 accelerate the green transition? An international assessment of fiscal spending measures to support low-carbon technologies Organisation for Economic Co-operation and Development |
title_full_unstemmed | Did COVID-19 accelerate the green transition? An international assessment of fiscal spending measures to support low-carbon technologies Organisation for Economic Co-operation and Development |
title_short | Did COVID-19 accelerate the green transition? |
title_sort | did covid 19 accelerate the green transition an international assessment of fiscal spending measures to support low carbon technologies |
title_sub | An international assessment of fiscal spending measures to support low-carbon technologies |
topic | Energy Science and Technology Economics |
topic_facet | Energy Science and Technology Economics |
url | https://doi.org/10.1787/29bd5a72-en |