OECD (2017): Growth, Investment and the Low-Carbon Transition
Delivering on the Paris objectives will require fundamental shifts in our economies, including major changes in how capital is allocated.
The Growth, Investment and the Low-Carbon Transition project analyses how low-emission and climate-resilient development can be achieved without compromising economic growth, competitiveness, or well-being across the G20 group of countries and beyond.
Invigorating economic growth in the short-term does not necessarily equate with investing in emissions-intensive infrastructure and locking-in a high-carbon pathway. Escaping the low-growth trap that many countries currently find themselves in does not mean embracing a high-carbon future complete with future economic liabilities in terms of stranded assets and physical damages due to climate change impacts.
The project looks at a number of key questions surrounding the low-carbon transition:
- 1. What development pathways will get us to the Paris outcome?
- 2. How do investment flows need to change to get us there?
- 3. What are the growth and structural implications of going low-carbon?
- 4. How can governments create the conditions to drive a prosperous transition?
More information can be found here.