[go: up one dir, main page]
IDEAS home Printed from https://ideas.repec.org/b/wbk/wbpubs/13194.html
   My bibliography  Save this book

Growing Green : The Economic Benefits of Climate Action

Author

Listed:
  • Uwe Deichmann
  • Fan Zhang
Abstract
Pollution from fossil fuels and degraded natural lands are raising the earth’s temperature. The evidence of the causes of global warming is clear, as are its consequences. The economic impacts of climate change are already apparent and they threaten development gains. Extreme weather events have brought severe droughts to Central Asia, heat waves and forest fires to Russia, and floods to Southeastern Europe. Unchecked emissions will come at rising economic cost and increasing risk to individuals. There is a clear case for all of the world’s economies to move to a low-carbon growth path. Yet, climate action has been inadequate, especially in Eastern Europe and Central Asia (ECA). With prospects of a global climate agreement uncertain, this report identifies the actions that governments in the region can take to reduce the carbon footprints of their economies. It shows that many of these actions will more than pay for themselves—and quite quickly when indirect benefits such as better health and increased competitiveness are considered. To realize these benefits, policy makers in ECA need to quickly move on three sets of priorities: use energy much more efficiently, gradually move to cleaner energy sources, and increase carbon capture in soils and forests. This will require transformations in power generation, industrial production, mobility, city living, and in farming and forestry. Policy makers are justifiably worried that climate action may jeopardize economic performance and strain the budgets of poorer families. The report shows how well-designed growth and social policies can make climate action growth-enhancing while protecting the living standards of less-well-off households.

Suggested Citation

  • Uwe Deichmann & Fan Zhang, 2013. "Growing Green : The Economic Benefits of Climate Action," World Bank Publications - Books, The World Bank Group, number 13194.
    • Handle: RePEc:wbk:wbpubs:13194
    as

    Download full text from publisher

    File URL: https://openknowledge.worldbank.org/bitstream/handle/10986/13194/9780821397916.pdf?sequence=1
    Download Restriction: no
    ---><---

    References listed on IDEAS

    as
    1. Marianne Fay & Rachel I. Block & Jane Ebinger, 2010. "Adapting to Climate Change in Eastern Europe and Central Asia," World Bank Publications - Books, The World Bank Group, number 2407.
    2. Larson, Donald F. & Dinar, Ariel & Blankespoor, Brian, 2012. "Aligning climate change mitigation and agricultural policies in Eastern Europe and Central Asia," Policy Research Working Paper Series 6080, The World Bank.
    Full references (including those not matched with items on IDEAS)

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Ofori, Isaac K. & Gbolonyo, Emmanuel Y. & Ojong, Nathanael, 2023. "Foreign direct investment and inclusive green growth in Africa: Energy efficiency contingencies and thresholds," Energy Economics, Elsevier, vol. 117(C).
    2. Bolanos, Jose A., 2019. "Energy, uncertainty, and entrepreneurship: John D Rockefeller’s sequential approach to transaction costs management in the early oil industry," LSE Research Online Documents on Economics 100852, London School of Economics and Political Science, LSE Library.
    3. Rajbhandari, Ashish & Zhang, Fan, 2018. "Does energy efficiency promote economic growth? Evidence from a multicountry and multisectoral panel dataset," Energy Economics, Elsevier, vol. 69(C), pages 128-139.
    4. Bosco, Maria Giovanna & Valeriani, Elisa, 2023. "Energy retrofitting of firms after a natural disaster: A ‘build back better’ strategy," Energy Policy, Elsevier, vol. 179(C).
    5. Isaac K. Ofori & Emmanuel Y. Gbolonyo & Nathanael Ojong, 2022. "Foreign Direct Investment and Inclusive Green Growth in Africa: Energy Efficiency Contingencies and Thresholds," Working Papers 22/089, European Xtramile Centre of African Studies (EXCAS).
    6. Guenette,Justin Damien, 2020. "Price Controls : Good Intentions, Bad Outcomes," Policy Research Working Paper Series 9212, The World Bank.
    7. Ofori, Isaac K. & Gbolonyo, Emmanuel & Ojong, Nathanael, 2022. "Towards Inclusive Green Growth in Africa: Critical energy efficiency synergies and governance thresholds," EconStor Open Access Articles and Book Chapters, ZBW - Leibniz Information Centre for Economics, vol. 365, pages 1-48.
    8. Xie, Lunyu & Hu, Xian & Zhang, Xinyi & Zhang, Xiao-Bing, 2022. "Who suffers from energy poverty in household energy transition? Evidence from clean heating program in rural China," Energy Economics, Elsevier, vol. 106(C).
    9. Isaac K. Ofori & Emmanuel Y. Gbolonyo & Nathanael Ojong, 2022. "Foreign Direct Investment and Inclusive Green Growth in Africa: Energy Efficiency Contingencies and Thresholds," Working Papers of the African Governance and Development Institute. 22/089, African Governance and Development Institute..
    10. Zhang, Fan, 2013. "The energy transition of the transition economies: An empirical analysis," Energy Economics, Elsevier, vol. 40(C), pages 679-686.
    11. Deichmann, Uwe & Reuter, Anna & Vollmer, Sebastian & Zhang, Fan, 2019. "The relationship between energy intensity and economic growth: New evidence from a multi-country multi-sectorial dataset," World Development, Elsevier, vol. 124(C), pages 1-1.
    12. Grainger, Corbett & Schreiber, Andrew & Zhang, Fan, 2019. "Distributional impacts of energy-heat cross-subsidization," Energy Policy, Elsevier, vol. 125(C), pages 65-81.
    13. Ofori, Isaac K & Gbolonyo, Emmanuel Y. & Ojong, Nathanael, 2022. "Foreign Direct Investment and Inclusive Green Growth in Africa: Energy Efficiency Contingencies and Thresholds," EconStor Open Access Articles and Book Chapters, ZBW - Leibniz Information Centre for Economics, pages 1-58.
    14. Ofori, Isaac K. & Gbolonyo, Emmanuel Y. & Ojong, Nathanael, 2022. "Foreign Direct Investment and Inclusive Green Growth in Africa: Energy Efficiency Contingencies and Thresholds," MPRA Paper 115379, University Library of Munich, Germany, revised 09 Nov 2022.
    15. Wheeler,Collette Mari & Baffes,John & Kabundi,Alain Ntumba & Kindberg-Hanlon,Gene & Nagle,Peter Stephen Oliver & Ohnsorge,Franziska Lieselotte, 2020. "Adding Fuel to the Fire : Cheap Oil during the COVID-19 Pandemic," Policy Research Working Paper Series 9320, The World Bank.

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Jinhwan Oh & ChiHyun Yun, 2014. "Environmental Kuznets curve revisited with special reference to Eastern Europe and Central Asia," International Area Studies Review, Center for International Area Studies, Hankuk University of Foreign Studies, vol. 17(4), pages 359-374, December.
    2. Rahman, Shaikh M. & Larson, Donald F. & Dinar, Ariel, 2012. "The cost structure of the clean development mechanism," Policy Research Working Paper Series 6262, The World Bank.
    3. Lyazzat Nugumanova & Miriam Frey & Natalya Yemelina & Stanislav Yugay, 2017. "Environmental Problems and Policies in Kazakhstan: Air pollution, waste and water," Working Papers 366, Leibniz Institut für Ost- und Südosteuropaforschung (Institute for East and Southeast European Studies).
    4. Aktoty Aitzhanova & Shigeo Katsu & Johannes F. Linn & Vladislav Yezhov (ed.), 2014. "Kazakhstan 2050: Toward a Modern Society for All," Books, Emerging Markets Forum, edition 1, number kazakh2050, Summer.
    5. Katharina Friz, 2021. "A question of regulation or motivation? Environmental innovation activities in transition economies," Bremen Papers on Economics & Innovation 2107, University of Bremen, Faculty of Business Studies and Economics.
    6. Emileva, Begaiym & Kuhn, Lena & Bobojonov, Ihtiyor & Glauben, Thomas, 2023. "The role of smartphone-based weather information acquisition on climate change perception accuracy: Cross-country evidence from Kyrgyzstan, Mongolia and Uzbekistan," EconStor Open Access Articles and Book Chapters, ZBW - Leibniz Information Centre for Economics, vol. 41, pages 1-1.
    7. Aristi Karagkouni & Dimitrios Dimitriou, 2022. "Sustainability Performance Appraisal for Airports Serving Tourist Islands," Sustainability, MDPI, vol. 14(20), pages 1-16, October.
    8. Usenata, Nnyeneime, 2018. "Environmental Kuznets Curve (EKC): A Review of Theoretical and Empirical literature," MPRA Paper 85024, University Library of Munich, Germany.
    9. World Bank, 2013. "Turkey Green Growth Policy Paper : Towards a Greener Economy," World Bank Publications - Reports 16088, The World Bank Group.
    10. World Bank, 2011. "Transition to a Low-Emissions Economy in Poland," World Bank Publications - Reports 27419, The World Bank Group.
    11. Sander Akkermans & Juan Luis Martín-Ortega & Ioannis Sebos & María José López-Blanco, 2023. "Exploring long-term mitigation pathways for a net zero Tajikistan," Mitigation and Adaptation Strategies for Global Change, Springer, vol. 28(3), pages 1-26, March.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:wbk:wbpubs:13194. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Tal Ayalon (email available below). General contact details of provider: https://edirc.repec.org/data/dvewbus.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.