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1
Author(s)YearTitleType of article
Type of analysis
OutputThemesRelevant archetype(s)New archetypesRelevant region(s)Source
Short summary
2
Scholtens2001Borrowing green: economic and environmental effects of green fiscal policy in The Netherlands
Peer-reviewed paper
Ex-post
Climate impacts; Cost; Growth; Job figures; Short-term multipliers
Debt; Green jobs; FinanceV; U; T; traditional energy𝜇; λ; 𝜂; 𝜀; Netherlands
https://doi.org/10.1016/S0921-8009(01)00235-X
While economic effects of The Netherlands’s tax deductibility of interest returns and dividend yields from green projects were positive, increasing growth, employment, and net tax income, environmental effects were mixed. This instrument skewed towards energy and building.
3
Kammen et al.2004Putting Renewables to Work: How Many Jobs Can the Clean Energy Industry Generate?
Academic policy brief
Ex-ante; Meta-analysis; Commentary
Job figures; Energy supply; Literature review; Policy recommendations
Green jobs; Structural unemployment; Energy capacity
T𝜂US; Europe
https://community-wealth.org/sites/clone.community-wealth.org/files/downloads/paper-kammen-et-al.pdf
Expanding use of renewable energy is good for both energy self-sufficiency and employment, based on 13 independent reports analysing clean energy in the US and Europe.
4
Uchida et al.2005Grain for Green: Cost-Effectiveness and Sustainability of China’s Conservation Set-Aside Program
Peer-reviewed paper
Ex-post; Commentary
Climate impacts
Agriculture; Conservation; Soil erosion; Household income
P
C1; B1; B2 no direct equivalent for P in new archetypes
China
https://www.jstor.org/stable/4129667
Conservation set-aside program to prevent soil erosion may be able to target better, as some farmers reconvert land back to cultivation after end of program, while fiscal savings may be generated if payments reflected differences in opportunity cost between plots.
5
Babiker and Eckaus2007Unemployment effects of climate policy
Peer-reviewed paper
Ex-ante
Growth; Job figures; Climate impacts
Green jobs; Tradeoffs; Comparative; Regulations
Q; T; traditional energyγ; 𝜂; 𝜀Any
https://doi.org/10.1016/j.envsci.2007.05.002
Emissions restrictions, along with counteracting labour market policy, could eliminate negative direct economic effects of sectoral rigidities that lead to short-term economic imperfections.
6
Brown and Chandler2008Governing Confusion: How Statutes, Fiscal Policy, and Regulations Impede Clean Energy TechnologiesWorking paperCommentary
Literature review; Costs; Energy supply; Climate impacts
Regulation; Policy recommendations; Distortionary fiscal policy; Innovation; Technology risk
X; Yρ; ψUS
http://hdl.handle.net/1853/23053
The critical role of new technologies in achieving GHG stabilisation is underscored by the fact that most greenhouse gases emitted over the next century will come from equipment and infrastructure that has not yet been built. As a result, new technologies and fuels have the potential to transform the nation's energy system while meeting climate change as well as energy security and other goals. Fiscal policies can be distortionary and ineffective or unfavourable.
7
Pollin et al.2008Green Recovery: A Program to Create Good Jobs and Start Building a Low-Carbon Economy
Think tank report; Academic policy brief
Commentary
Job figures; Cost; Job multipliers; Timeliness
Green jobs; Loans; Debt; Oil pricesT; Q; U; smart grids
γ; 𝜂; λ; U; smart grids is sub-archetype 𝜂 - 5
Any
https://peri.umass.edu/publication/item/292-green-recovery-a-program-to-create-good-jobs-start-building-a-low-carbon-economy
Accelerating the implementation of a green recovery program would secure energy security, combat global warming, and create jobs, realising returns sooner and boosting the economy at a critical time.
8
Parikka-Alhola2008Promoting environmentally sound furniture by green public procurement
Peer-reviewed paper
Commentary
Climate impacts; Literature review
Procurement; FurniturefurnitureVFinland; Sweden
https://doi.org/10.1016/j.ecolecon.2008.05.004
Green public procurement is a promising method to promote environmentally sound product design and reduce environmental impacts of products in furniture, particularly in production and disposal.
9
Bowen et al.2009An outline of the case for a ‘green’ stimulus
Academic policy brief
Commentary
Policy recommendations; Long-run multipliers; Job multipliers; Timeliness
Comparative; Finance; Carbon price; Sustainable growth; Assessing stimulus; Leveraging coinvestment
Q; T; U; V; Y𝜂; γ; λ; 𝜇; ψ; UAny
http://www.lse.ac.uk/GranthamInstitute/publication/an-outline-of-the-case-for-a-green-stimulus/
Policies to tackle climate change could form a central part of a fiscal package designed to moderate economic slowdown, providing an effective boost to the economy and increasing labour demand, while building the foundations for sound, sustainable, and strong growth in the future.
10
Houser et al. 2009A Green Global Recovery? Assessing US Economic Stimulus and the Prospects for International Coordination
Think tank report
Ex-ante; Commentary
Job figures; Cost; Energy prices; Climate impacts; Policy recommendations; Timeliness
International coordination; Energy securityU; L; Y; C4C; Q; smart grids
λ; Y; ψ; B; γ; 𝜂 - 5; L C4C was changed to B, unsure if correct
US
https://core.ac.uk/download/pdf/6603341.pdf
Well-tailored green recovery can create jobs and stimulate the economy – every billion dollars invested in green recovery creates 30,100 jobs and saves $450m in energy costs. They can also reduce cost of future climate and energy policy. Successful programs will implement quickly and complement, rather than seek to replace, future energy and climate legislation.
11
Huntingdon2009Creating Jobs with ‘Green’ Power SourcesWorking paper
Meta-analysis; Ex-post; Commentary
Job figures; Cost; Short-run multipliers
Green jobs; Net job creationT; traditional energy𝜂; 𝜀Any
https://web.stanford.edu/group/emf-research/docs/occasional_papers/OP64.pdf
Advantages of increased jobs from renewable energy are vastly overstated at costs prevailing today, and a dramatic breakthrough in costs needed if renewable energy is to become a job generator. Economic costs therefore are more important than job creation metrics.
12
Pollin and Garrett-Peltier2009Building a Green Economy: Employment Effects of Green Energy Investments from Ontario
Academic policy brief
Meta-analysis; Ex-post; Commentary
Job figures; Cost; Energy supply; Policy recommendations; Job multipliers
Green jobs; Input-output; ImportsT; smart grid𝜂; 𝜂 - 5Canada (Ontario)
https://ideas.repec.org/p/uma/perips/green_economy_of_ontario.html
Ontario’s Green Energy Act has capacity to produce substantial benefits in environmental protection and expansion of employment, spanning a wide range of occupations and those in low-paying positions would have more opportunity for advancement relative to other low-paid jobs.
13
Pollin et al.2009The Economic Benefits of Investing in Clean Energy
Think tank report; Academic policy brief
Ex-ante; Commentary
Climate impacts; Cost; Growth; Job figures; Short-run multipliers; Timeliness
Green jobs; Leveraging coinvestment; Policy recommendations
T; U; smart grid; Y; Q𝜂; λ, 𝜂 - 5, ψ, γUS
https://www.americanprogress.org/issues/green/reports/2009/06/18/6192/the-economic-benefits-of-investing-in-clean-energy/
While a carbon cap would have, at worst, a minimally negative impact on US long-term growth, clean-energy policies can go further in stimulating growth by generating jobs and output.
14
Alvarez et al.2009Study of the effects on employment of public aid to renewable energy sources
Peer-reviewed paper
Ex-post; Commentary
Job figures; CostFinance; Green jobs; Net jobsT𝜂Spain
https://instituteforenergyresearch.org/wp-content/uploads/2015/05/090327-employment-public-aid-renewable.pdf
Spanish example of green jobs finds them to be counterproductive, as it destroys jobs and leads to a net destruction in jobs per MW.
15
Blanco and Rodrigues2009Direct employment in the wind energy sector: An EU study
Peer-reviewed paper
Ex-post; Meta-analysis
Job figures
Green jobs; Socioeconomic dimensions; Input-output; Wind; Gender
T; N𝜂; XEurope
https://doi.org/10.1016/j.enpol.2009.02.049
Wind energy deployment creates a significant number of jobs when other energy sectors are shrinking – most of which are in wind turbine manufacturers (predominantly male).
16
Michaels and Murphy2009Green Jobs: Fact or fiction? An Assessment of the Literature
Think tank report
Commentary
Literature review; Theory
Net jobs; Green jobs; Labour market modelling; Input-output
T𝜂Any
https://www.instituteforenergyresearch.org/green-jobs-fact-or-fiction/
Highly questionable whether a government campaign for green jobs would have net economic benefits through distortionary impacts, higher-cost alternative energy sources, and job losses.
17
Morriss et al.2009Green Job Myths
Think tank report
Commentary
Literature review; Theory
Net jobs; Green jobs; Energy capacityT; U; Q𝜂; U; λ; γAny
https://www.instituteforenergyresearch.org/wp-content/uploads/2009/03/morriss-green-jobs-myths.pdf
Literature promoting green jobs have embedded dubious assumptions and techniques within their analyses.
18
Nair and Rutt2009Creating forestry jobs to boost the economy and build a green futureWorking paperCommentary
Job figures; Climate impacts; Job multipliers; Cost
Natural assets; Forestry; Green jobs; Urban green spaces
V; P𝜇; B; XAny
https://www.researchgate.net/publication/294865496_Creating_forestry_jobs_to_boost_the_economy_and_build_a_green_future
Forestry is labour intensive, with relatively low capital investment, and investments in upstream forestry activities are able to generate more jobs than most other sectors.
19
Wei at al.2010Putting renewables and energy efficiency to work: How many jobs can the clean energy industry generate in the US?
Peer-reviewed paper
Meta-analysis
Job figures; Energy supply
Green jobs; Energy efficiencyT; U; Y𝜂; λ, U; ψUS
https://doi.org/10.1016/j.enpol.2009.10.044
All non-fossil fuel technologies create more jobs per unit energy than coal and natural gas in the US.
20
Barbier2010Green Stimulus, Green Recovery and Global Imbalances
Peer-reviewed paper
Commentary
Cost; Short-run multipliers; Job figures; Policy recommendations
Comparative; Debt; Global imbalance; Green New Deal; International coordination
L; M; Q; T; U; VY; Z; γ; 𝜂; λ; 𝜇Any
https://ideas.repec.org/a/wej/wldecn/420.html
A green economic recovery, if properly enacted, should help alleviate, rather than worsen, large fiscal deficits, long-term RIR rises, inflation, and global imbalances
21
Aizawa and Yang2010Green Credit, Green Stimulus, Green Revolution? China’s Mobilization of Banks for Environmental Cleanup
Peer-reviewed paper
Ex-post; Commentary
Climate impacts; Theory; Cost
Finance; Credit; Green banking; Procurement; International coordination; Government agencies
U; T; traditional energy𝜂; λ; 𝜀China
https://doi.org/10.1177%2F1070496510371192
Green finance policies, like green tax, procurement, credit, insurance, security, have proved resistant to massive economic upheaval following GFC, but future success depends on data and dissemination, technical guidance, and true financial incentives.
22
Frondel et al.2010Economic impacts from the promotion of renewable energy technologies: The German experience
Peer-reviewed paper
Ex-post; Commentary
Energy supply; Cost; Job figures; Climate impacts; Energy prices
Energy security; Energy capacity; Net jobsT; Y𝜂; ψGermany
https://doi.org/10.1016/j.enpol.2010.03.029
German renewable energy policy, in particular, feed-in tariff scheme, failed to harness market incentives to ensure a viable and cost-effective introduction of RE technologies, and government support mechanisms have subverted these incentives. R&D measures may have been preferable to helping existing tech penetrate markets.
23
Strand and Toman2010‘Green Stimulus’, Economic Recovery, and Long-Term Sustainable DevelopmentWorking paperCommentary
Short-run multipliers; Long-run multipliers; Climate impacts; Cost; Energy supply; Job figures; Growth
Green jobs; Imports; Exports; Energy capacity; Cost saving; Co-benefits;
T; Y; Q; U; V; smart grids; C4C𝜂; ψ; γ; λ; 𝜇; 𝜂 - 5; BAny; LMICs
https://openknowledge.worldbank.org/handle/10986/19956
Most beneficial green programs are those that can stimulate employment in the short run, and lead to learning curve effects in the long run, but most green stimulus programs have significant trade-offs between the two impacts. There are also trade-offs between large employment effects and high-skill jobs.
24
Conte et al. 2010What is the growth potential of green innovation? An assessment of EU climate policy options
International organization report
Ex-ante; Commentary
Growth; Policy recommendations
Innovation; Econometrics; Macroeconomic modelling; Tax
Y; X; T; S2; Q; Uψ; ρ; 𝜂; δ; γ; λEU
https://ec.europa.eu/economy_finance/publications/economic_paper/2010/pdf/ecp413_en.pdf
A model-based analysis of cost-efficiency of policy options that could direct innovation is developed, and an appropriate policy mix would stimulate short-term green R&D, while spreading out R&D to all sectors in the medium-term
25
Pollitt2011Assessing the Implementation and Impact of Green Elements of Member States’ National Recovery Plans
Government agency report
Ex-post; Meta-analysis
Short-run multipliers; Long-run multipliers; Job figures; Climate impacts; Policy recommendations; Cost; Timeliness
Comparative; Economic indicators; DebtU; Q; Y; T; W; V; C4Cλ; U; γ; ψ; 𝜂; 𝜏; 𝜇: BEurope; Australia; China; South Korea; US
https://ec.europa.eu/environment/enveco/growth_jobs_social/pdf/studies/green_recovery_plans.pdf
Most successful packages in economic terms tailored for local requirements and optimally must include a balance between short term economic, and long term environmental benefits, which could be enhanced by investment plans and co-financing, while energy efficiency measures, R&D and innovation bring long-term economic benefits.
26
Dercon2011Is Green Growth Good for the Poor?Working paperCommentaryTheory
Socioeconomic dimensions; Poverty; Net jobs; Carbon tax; Regulation
V; W; P; Q
𝜇; 𝜏; γ; C1; B1; B2 no direct equivalent for P in new archetypes
Any; LMICs
http://www.espa.ac.uk/files/espa/Greengrowth.pdf
Due to initial poverty and high dependence of environmental capital, poor likely to suffer most due to low resources for mitigation and for investment in adaptation. Green growth ideas may cause a slow-down in the effectiveness of growth to reduce poverty.
27
Fankhauser et al.2011Climate change, innovation and jobs
Peer-reviewed paper
Commentary
Job figures; Energy supply; Literature review; Timeliness
Sustainable growth; Green jobsT; traditional energy; Y𝜂; 𝜀; ψAny
https://doi.org/10.3763/cpol.2008.0513
Climate policy has a complex effect on jobs, in short term creating jobs, in medium term, having an economy-wide effect as values and production patterns adjust, and in long term, a large effect through widespread structural adjustment. This “creative destruction” is associated with innovation, job creation, and growth.
28
Hughes2011The myth of green jobs
Think tank report
Commentary
Job figures; Cost; Energy supply
Macroeconomic modelling; Tradeoffs; Net jobs; Income; Assessing stimulus; Innovation
T; Y𝜂; ψAny
http://www.windwatchni.com/uploads/1/6/4/9/16490250/green-jobs.pdf
Labour inputs should be a cost not a benefit, and there is no reason to assume that technical progress and improvements in efficiency will favour RE over non-RE.
29
Jarvis et al. 2011Assessing green jobs potential in developing countries: A practitioner's guide
International organization report
Commentary
Theory; Job figures; Growth
Assessing stimulus, Input-output; Econometrics; Macroeconomic modelling
T; S2; V; W; U𝜂; δ; 𝜇; 𝜏: λAny
https://www.ilo.org/wcmsp5/groups/public/@dgreports/@dcomm/@publ/documents/publication/wcms_153458.pdf
A framework for assessing green jobs in developing countries is developed, with the support of input-output methodology
30
Sterner and Damon2011Green growth in the post-Copenhagen culture
Peer-reviewed paper
Commentary
Climate impacts; Energy prices
Innovation; technology; comparative advantage
T; U𝜂; U; λAny
https://doi.org/10.1016/j.enpol.2011.08.036
All countries will need to be involved in climate mitigation, and green growth is a necessity, but there is no panacea.
31
Cai et al. 2011Green economy and green jobs: Myth of reality? The case of China's power generation sector
Peer-reviewed paper
Ex-post
Job figures; Policy recommendations
Energy capacity; Input-output; Macroeconomic modelling
T𝜂China
https://doi.org/10.1016/j.energy.2011.08.016
Policymakers should further promote renewables as they create jobs - every 1% increase in solar PV leads to a 0.68% increase in total employment. A matching educational system and personnel structure is also needed.
32
ILO and IILS2011Green stimulus measures
International organization report
Ex-post; Commentary
Job figures; Cost; Growth
Green jobs; TaxY; Z; T; U; S2ψ; T; 𝜂; λ; δAny
https://www.ilo.org/inst/research/addressing-crisis-challenges/discussion-paper-series/WCMS_194185/lang--en/index.htm
A variety of post-GFC green stimulus measures are evaluated.
33
Spencer et al.2012Green investments in a European Growth PackageWorking paper
Meta-analysis; Commentary
Short-run multipliers; Cost; Energy prices; Job figures; Timeliness
Finance; Politics; Technology risk; Transaction costs; Debt
U; S; T; Q; traditional energyU; λ; 𝛽; δ; 𝜂; γ; 𝜀Europe
https://www.iddri.org/sites/default/files/import/publications/wp1112_european-growth-package.pdf
Investments in green economy can increase economic productivity in the long term, strengthening economic resilience against fossil fuel price increases and further GHG constraints, while having a positive impact for growth and jobs in the short term.
34
Jacobs2012Green Growth: Economic Theory and Political DiscourseWorking paperCommentaryTheory
Political economy; Politics; Green jobs; Industrial policy
T; V; U; Q𝜂; 𝜇; U; λ; γAny
http://www.lse.ac.uk/GranthamInstitute/publication/green-growth-economic-theory-and-political-discourse-working-paper-92/
Two forms of green growth, one of long-run economic benefit of environmental protection, and one that environmental policy can be a driver of growth.
35
Acemoglu et al.2012The Environment and Directed Technical Change
Peer-reviewed paper
Commentary
Policy recommendations; Cost; Climate impacts
Technological change; Innovation; Sustainable growth; Carbon tax
X; Yρ; ψAny
https://www.aeaweb.org/articles?id=10.1257/aer.102.1.131
Sustainable growth can be achieved with temporary taxes and subsidies that redirect innovation, optimally with carbon tax, and use of an exhaustible resource in dirty input production helps the switch to clean innovation.
36
Bohringer et al.2012Green Jobs and Renewable Electricity Policies: Employment Impacts of Ontario’s Feed-in Tariff
Peer-reviewed paper
Ex-post
Growth; Job figures; Energy prices
Macroeconomic modelling; Tradeoffs; Net jobs; Green jobs; Energy security
T𝜂Canada (Ontario)
https://tarc.exeter.ac.uk/media/universityofexeter/businessschool/documents/centres/tarc/events/masterclasses/GreenJobs.pdf
Tariff policy in Ontario increases employment in “green” sectors but reduces overall employment and labour force participation – RE policies should be promoted for their environmental impact not labour market effect.
37
Lambert and Silva2012The challenges of determining the employment effects of renewable energy
Peer-reviewed paper
Meta-analysis; Commentary
Job figures; Energy supply
Net jobs; Green jobs; Input-output; Modelling methodologies
T𝜂Any
https://doi.org/10.1016/j.rser.2012.03.072
Impact of renewable energy on employment still disputed, and analytical studies using extensive surveys more appropriate for regional studies, while input-output methods more suited to national and international studies.
38
Zenghelis2012A strategy for restoring confidence and economic growth through green investment and innovation
Academic policy brief
Commentary
Policy recommendations
Innovation; Finance; Saving; Sustainable growth; Carbon tax
Q; Y; T; Uγ; ψ; 𝜂; λAny
http://www.lse.ac.uk/granthaminstitute/wp-content/uploads/2014/03/PB-Zenghelis-economic-growth-green-investment-innovation.pdf
A protracted economic slowdown is the best time to support investment in green activities as resource costs are low and potential to crowd out alternative investment and employment is small. As interest rates are pushed to zero, low confidence creates a paradox of thrift, where borrowing can stimulate private investment.
39
Nitsch et al.2012Long-term scenarios and strategies for the deployment of renewable energies in Germany in view of European and global developments
Government agency report
Ex-ante; Meta-analysis; Commentary
Policy recommendations; Energy supply; Climate impacts
Innovation; Energy capacity; Strategy; International cooperation; Grid expansion; Energy security
T; Y𝜂; ψGermany
https://elib.dlr.de/76044/
Analysis of energy scenarios for RE, and the energy supply, structural, and economic effects are developed, showing that there are tremendous long-term benefits of an energy system transformation.
40
Kronenberg et al.2012Macroeconomic Effects of the German Government’s Building Rehabilitation ProgramWorking paperEx-post
Climate impacts; Cost; Job figures
Input-output; Green jobs; Finance; Crowding-out; Unemployment; Tax income; Emissions; Macroeconomic analysis
T; U𝜂; U; λGermany
https://mpra.ub.uni-muenchen.de/38815/
An extended input-output model to estimate the macroeconomic effects of the rehabilitation measures on public deficit indicate that the programs induce substantial public revenue through income taxes, and SSC weighed against the program cost. If the rehabilitation measures do not crowd out other investment projects, the net effect on the public deficit turns out positive.
41
Batini et al.2012Successful Austerity in the United States, Europe and Japan
International organization report; Working paper
Commentary
Short-run multipliers; Theory; Growth
Debt; Macroeconomic modelling; Assessing stimulus; Business cycles
Not green literatureNot green literatureUS; Europe; Japan
https://www.imf.org/en/Publications/WP/Issues/2016/12/31/Successful-Austerity-in-the-United-States-Europe-and-Japan-26116
Smooth and gradual consolidations are preferred to frontloaded or aggressive consolidations, especially for economies in recession facing high risk premia on public debt, because sheltering growth is key to the success of fiscal consolidation in these cases.
42
OECD2012Enabling Local Green Growth: Addressing Climate Change Effects on Employment and Local Development
International organization report
Ex-post; Commentary
Policy recommendations
Assessing stimulus; Innovation; Local governance; Finance
T; P; Q; L; Y; N; U; W
𝜂; γ; Y; ψ; X; U; λ; 𝜏; C1; B1; B2 no direct equivalent for P in new archetypes
Any
https://www.oecd.org/cfe/leed/49387595.pdf
There are challenges and opportunities to grow local economic activity, employment and skills in response to climate change, as jobs are lost and created through a restructuring of the economy.
43
Schmalensee2012From "Green Growth" to sound policies: An overview
Peer-reviewed paper
CommentaryTheoryGreen jobsT𝜂Any
https://doi.org/10.1016/j.eneco.2012.08.041
Green growth is critically examined and the author argues for importance of careful analysis of environmental policies, especially where huge benefits are offered with little or no cost
44
Janicke2012"Green growth": From a growing eco-industry to economic sustainability
Peer-reviewed paper
Commentary
Growth; Theory; Policy recommendations
Green jobs; DegrowthZ; T; U; S2; VT; 𝜂; U; λ; δ; 𝜇Any
https://doi.org/10.1016/j.enpol.2012.04.045
A new way of thinking about green growth is provided, through radical growth in environmental and resource-saving technologies, along with degrowth in products and processes that undermine long-term living and production. Giving up on economic growth is not the necessary condition to tackle the environmental crisis.
45
Furchtgott-Roth2012The elusive and expensive green job
Peer-reviewed paper
Ex-post; Commentary
Theory; Job figures
Energy capacity; Green jobsT𝜂China; US
https://doi.org/10.1016/j.eneco.2012.08.034
Green jobs are ill-defined, and have been unsuccessful in America, while China relies on fossil fuels still.
46
Zenghelis2013In praise of a green stimulus
Peer-reviewed paper
Commentary
Policy recommendations; Theory; Literature review
Confidence; Finance; Assessing stimulusT; Y𝜂; ψAny
https://doi.org/10.1002/wcc.256
Where there is no lack of private money, just a perceived lack of opportunity, low resource costs and a reduced crowding out potential mean that green policies have the potential to generate growth and confidence and transition the global economy to low-carbon.
47
Brahmbhatt2013Criticizing green stimulus
Peer-reviewed paper
Commentary
Theory; Literature review; Cost; Climate impacts
Green jobs; ComparativeT; U; Q; Y𝜂; λ; γ; ψAny
https://doi.org/10.1002/wcc.257
Green stimulus often ineffective as fiscal stimulus, green instruments, or both while qualifying cases for green stimulus has limited empirical evidence.
48
Aldy2013A Preliminary Assessment of the American Recovery and Reinvestment Act’s Clean Energy Package
Peer-reviewed paper
Ex-post; Commentary
Growth; Cost; Job figures; Energy supply; Climate impacts
Assessing stimulus; Grants; Loans; Leveraging coinvestment; Regulation
T; Y; Q𝜂; ψ; γUS
https://doi.org/10.1093/reep/res014
Clean energy has resulted in significant job creation and leveraged private investment but has been challenging to implement in an uncertain regulatory environment. Rigorous evaluation is important. Grants are better than tax credits, both are better than loan guarantees.
49
Triguero et al.2013Drivers of different types of eco-innovation in European SMEs
Peer-reviewed paper
CommentaryClimate impacts
Innovation; Finance; Grants; Econometrics; SMEs
YψEurope
https://doi.org/10.1016/j.ecolecon.2013.04.009
Entrepreneurs who value collaboration with researchers and give importance to increase of market demand of green products are more active in all types of eco-innovations, while supply-side factors drive environmental processes and organisational innovations more. Access to subsidies and fiscal incentives do not have any significant effect on the decision to eco-innovate at the firm level.
50
Ramiah et al.2013How does the stock market react to the announcement of green policies?
Peer-reviewed paper
Ex-post; Commentary
Investment returns
Finance; Sector-by-sector analysis; Diamond risk; Regulation; Stock market; Macroeconomic modelling
T𝜂Australia
https://doi.org/10.1016/j.jbankfin.2013.01.012
Green policies have mixed effects on abnormal returns with apparent sector-by-sector differences, affecting the long-term systematic risk of industries and leading to the diamond risk phenomenon. Australian market particularly sensitive to carbon pollution reduction scheme announcement.
51
Alberini et al.2013Energy Efficiency Investments in the Home: Swiss Homeowners and Expectations about Future Energy Prices
Peer-reviewed paper
Survey; Commentary
Literature review; Policy recommendations; Energy prices; Timeliness
Econometrics; Survey design; ExpectationsUλSwitzerland
https://www.jstor.org/stable/41969211
Homeowners are responsive to upfront costs of renovation projects, government subsidies, energy expense savings, time horizons, and thermal comfort improvement. Uncertainty about future energy prices leads to higher preference for status quo. Renovations more likely when climate change considerations are important.
52
Scott et al. 2013Research and Evidence on Green Growth
Think tank report
Ex-post; Commentary
Literature review
Innovation; Trade; Green jobs; Assessing stimulus
T; N; Y𝜂; X; ψAny
https://assets.publishing.service.gov.uk/media/57a08a14ed915d622c000551/EoD_HD064_July2013_GreenGrowth_Final.pdf
Evidence and research gaps in green growth are identified, and previous research is mapped
53
van der Ploeg and Withagen2013Green Growth, Green Paradox and the global economic crisis
Peer-reviewed paper
Commentary
Policy recommendations
Innovation; Carbon taxY; Tψ; 𝜂Any
https://doi.org/10.1016/j.eist.2012.11.003
Best way to achieve Schumpterian green growth is a combination of clean R&D subsidies and a carbon tax, or if carbon tax is infeasible, renewables subsidies
54
Fankhauser et al.2013Who will win the green race? In search of environmental competitiveness and innovation
Peer-reviewed paper
CommentaryGrowth
Comparative advantage; Macroeconomic modelling; Degrowth
T; S2; Q𝜂; δ; γChina; France; Germany; Italy; Japan; Korea; UK; USA
https://doi.org/10.1016/j.gloenvcha.2013.05.007
Green race will alter the competitive landscape, where successful country-sectors must combine competitive strength with speedy conversion to green products and processes. Each country has niches of green competitiveness.
55
Aghion et al.2014Path Dependence, Innovation and the Economics of Climate Change
Working paper; Academic policy brief
Commentary
Policy recommendations; Literature review; Timeliness
Carbon tax; Technological change; Innovation; Path dependence
T; X; Y𝜂; ρ; ψAny
https://newclimateeconomy.report/workingpapers/workingpaper/path-dependence-innovation-and-the-economics-of-climate-change-2/
Shifting our fossil-fuelled civilisation to clean modes of production and consumption requires deep transformations in our energy and economic systems. Innovation in physical technologies and social behaviours is key to this transformation but innovation has not been at the heart of economic models of climate change.
56
Blyth et al.2014Low carbon jobs: The evidence for net job creation from policy support for energy efficiency and renewable energy
Academic policy brief
Ex-post; Meta-analysis; Commentary
Policy recommendations; Job figures; Energy supply; Cost; Literature review; Job multipliers
Green jobs; Input-output; Modelling methodologies; Tradeoffs; Counterfactuals
T; traditional energy; U𝜂; 𝜀; λUK; Europe
https://d2e1qxpsswcpgz.cloudfront.net/uploads/2020/03/low-carbon-jobs.pdf
Renewables and energy efficiency more labour intensive than fossil-fuels, both in short-term construction, and in average plant lifetime. If economy is expected to return to full employment, “job creation” not a meaningful concept, and overall economic efficiency is more important.
57
Batini et al.2014Fiscal Multipliers: Size, Determinants, and Use in Macroeconomic Projections
International organization report
Meta-analysis; Commentary
Short-run multipliers
Macroeconomic modelling; Assessing Stimulus
Not green literatureNot green literatureAny
https://www.imf.org/en/Publications/TNM/Issues/2016/12/31/Fiscal-Multipliers-Size-Determinants-and-Use-in-Macroeconomic-Projections-41784?fbclid=IwAR06DqAkiAoGYxHu9J_QCZiLcWVe66vYgPHXghceCsorAb6EpSpbLV35cec
General guidance on the definition, measurement, and use of fiscal multipliers.
58
Bowen and Kuralbayeva2015Looking for green jobs: the impact of green growth on employment
Academic policy brief
Commentary
Policy recommendations; Literature review
Green jobs; Carbon tax; Labour market modelling
T; U; traditional energy𝜂; λ; 𝜀Any
http://portal.gms-eoc.org/uploads/resources/3382/attachment/Looking_for_green_jobs_the_impact_of_green_growth_on_employment_GGGI_Grantham_Research_Institute_on_Climate_Change_on_the_Environment_0.pdf
At present not possible for policymakers to assess conflicting claims about quality and quantity of green jobs that have already been created due to paucity of evidence and good data.
59
Mundaca and Richter2015Assessing ‘green energy economy’ stimulus packages: Evidence from the U.S. programs targeting renewable energy
Peer-reviewed paper
Ex-post
Energy supply; Climate impacts; Job figures; Growth; Cost
Patents; Grants; Loans; Socioeconomic dimensions; Comparative
T; N; Y𝜂; X; ψUS
https://doi.org/10.1016/j.rser.2014.10.060
Stimulus programs in America have had a positive effect on RE sector despite the lack of “cap-and-trade”.
60
Vella et al.2015Green Spending Reforms, Growth, and Welfare with Endogenous Subjective Discounting
Peer-reviewed paper
Commentary
Theory; Climate impacts
Macroeconomic modelling; Tradeoffs; Debt
Q; R; S; Tγ; θ; 𝛽; δ; 𝜂Any
https://doi.org/10.1017/S1365100513000813
Reallocating government expenditures towards the environment can procure a double dividend by raising growth and improving environmental conditions, and endogenous Ramsey fiscal policy eliminates the possibility of an “environmental and economic poverty trap”. Under exogenous discounting, green spending reforms are the optimal response under Ramsey fiscal policy.
61
Mundaca and Damen2015Assessing the effectiveness of the ‘Green Economic Stimulus’ in South Korea: Evidence from the energy sector
Think tank report
Ex-post
Literature review; Job figures; Cost; Climate impact; Energy supply
Regression; Econometrics; Green New Deal; Finance
T; U; Y; V; Q𝜂; λ; ψ; 𝜇; γSouth Korea
https://lup.lub.lu.se/search/publication/8832014
South Korea Green New Deal has been successful as traditional fiscal stimulus but not as an instrument of environmental policy in the short term. This is explained by a lack of complementary pricing reforms, insufficient renewable energy uptake, and improvements in energy intensity incapable of offsetting the negative effects of economic growth. The GND may have played a role in providing impetus for long-term action to enhance green growth policies in the energy sector.
62
Tienhaara2018Green Keynesianism and the Global Financial CrisisBook
Ex-post; Meta-analysis; Commentary
Comparative; Job multipliers; Job figures; Climate impacts; Policy recommendations; Short-run multipliers; Long-run multipliers; Growth
Finance; Politics; Technology risk; Assessing stimulus; Comparative; International Coordination
U; T; C4C; Yλ; 𝜂; ψ; BUS; Japan; Canada; Korea; Australia
https://www.taylorfrancis.com/books/9781315147710
Carefully designed and directed spending measures can have beneficial results for environment and employment, such as weatherization and RE investments, but others such as subsidies and investments in CCS need more caution.
63
Li and Wei2016The Cost of Greening Stimulus: A Dynamic Discrete Choice Analysis of Vehicle Scrappage ProgramsWorking paperEx-postGrowth; Cost
Dynamic discrete choice analysis; Demand stimulus; Tradeoffs; Counterfactual analysis; Econometrics
C4CBUS
https://ideas.repec.org/p/gwi/wpaper/2016-25.html
Elements of vehicle scrappage programs, as in the US example, designed to achieve environmental benefits, could significantly impact the program’s impact on demand stimulus.
64
Ge and Zhi2016Literature Review: The Green Economy, Green Energy Policy, and Employment
Peer-reviewed paper
CommentaryLiterature reviewGreen jobsT; U𝜂; λAny
https://www.researchgate.net/publication/304105571_Literature_Review_The_Green_Economy_Clean_Energy_Policy_and_Employment
Green economy has positive effects on employment in developed and developing countries but can have negative effects in some countries like Spain. Research so far, is inconclusive.
65
Tvinnereim and Ivarsflaten2016Fossil fuels, employment, and support for climate policies
Peer-reviewed paper
Survey
Policy recommendations
Politics; Green jobs; Energy transitionN; T; Y𝜂; ψ; XNorway
https://doi.org/10.1016/j.enpol.2016.05.052
Support for renewables among those in oil/gas sector similar to population at large but stimulating new avenues for employment is a necessary component of mitigation policy.
66
Fischer2016Environmental Protection for Sale: Strategic Green Industrial Policy and Climate Finance
Think tank report
Commentary
Climate impacts; Theory
Debt; Externalities; Industrial Policy; Game theory; Macroeconomic modelling; Grants; Finance
T𝜂Europe
https://ideas.repec.org/p/fem/femwpa/2016.31.html
Restraints on upstream subsidies erode global welfare when environmental externalities are large enough relative to political distortions. Climate finance is an effective alternative if political distortions are large, and carbon costs are not undervalued.
67
Barbier2016Is green growth relevant for poor economies?
Peer-reviewed paper
Commentary
Literature review; Growth
Poverty; Exports; Resource dependence; International coordination; Development
P; R
θ; C1; B1; B2 no direct equivalent for P in new archetypes
LMICs
https://doi.org/10.1016/j.reseneeco.2016.05.001
In developing countries, green growth must be reconciled with two key structural features of poor economies – primary products account for majority of export earnings, and substantial share of rural population located on less favoured agricultural land and remote areas, creating poverty traps. Green growth must overcome these two features, fostering forward and backward linkage of primary production, and addressing rural poverty.
68
Council of Economic Advisors2016A Retrospective Assessment of Clean Energy Investments in the Recovery Act
Government agency report
Ex-post; Commentary
Cost; Job figures; Energy supply
Energy capacity; Energy security; Economic rationale; Green jobs
Q; Y; T; Uγ; 𝜂; ψ; λUS
https://obamawhitehouse.archives.gov/sites/default/files/page/files/20160225_cea_final_clean_energy_report.pdf
Clean energy investments of ARRA contributed to economic recovery, supporting roughly 900k job years in innovative clean energy fields from 2009 to 2015, and laying the groundwork for remarkable growth in clean energy.
69
Malacek and Melcher2016Cross-Border Effects of Car Scrapping Schemes: The Case of the German Car Scrapping Programme and its Effects on the Czech Economy
Peer-reviewed paper
Ex-post
Cost; Short-run multipliers; Literature review
Car scrappage; Grants; Exports; Imports; Macroeconomic modelling; Econometrics
C4CBCzech Republic, Germany
http://pep.vse.cz/artkey/pep-201605-0004_cross-border-effects-of-car-scrapping-schemes-the-case-of-the-german-car-scrapping-programme-and-its-effects-o.php
German programme provided significant boost for Czech personal car exports, coupled with increased imports due to large import requirements of the Czech automotive segment, contributing around 0.4-0.5% real GDP growth.
70
Green et al.2016Accelerator or Brake? Cash for Clunkers, Household Liquidity, and Aggregate DemandWorking paperEx-post
Growth; Literature review
Car scrappage; Grants; Liquidity; Program uptake
C4CBUS
https://www.nber.org/papers/w22878.pdf?fbclid=IwAR1vNDITEaRWpPM0sg4Lis257xYlURX0FzAQMz04dr6jyPqSZYkHnl9WOjE
Car Allowance Rebate System in the US caused roughly 500k purchases but provided less liquidity for households owning clunkers securing loans – for these, participation rate was low, due to liquidity constraints.
71
Garrett-Peltier2017Green versus brown: Comparing the employment impacts of energy efficiency, renewable energy, and fossil fuels using an input-output model
Peer-reviewed paper
Ex-post
Job figures; Job multipliers; Cost
Input-output; Green jobs; ComparativeT; U; traditional energy; smart grid𝜂; λ; 𝜀; 𝜂 - 5US
https://doi.org/10.1016/j.econmod.2016.11.012
9 clean energy, and 2 fossil fuel, multipliers are estimated, while $1m of spending supports 2.65 FTE jobs in fossil fuels vs. 7.49 in renewables
72
Andreas et al.2017Renewable Energy as Luxury? A Qualitative Comparative Analysis of the Role of the Economy in the EU’s Renewable Energy Transitions During the ‘Double Crisis’
Peer-reviewed paper
Ex-post; Commentary
Energy supply; Growth; Literature review
Debt; Energy security; QCA; Fuzzy-setT𝜂Europe
https://doi.org/10.1016/j.ecolecon.2017.06.011
Fuzzy-set QCA shows that less wealthy EU states are not too poor to be green, extended to renewable energy, which is promoted both because and in spite of the means.
73
Elliott and Lindley2017Environmental Jobs and Growth in the United States
Peer-reviewed paper
Ex-post; Commentary
Job figures; Literature review
Household income; Macroeconomic modelling; Econometrics; Green jobs
L; M; Q; T; U; VY; Z; γ; 𝜂; λ; 𝜇US
https://doi.org/10.1016/j.ecolecon.2016.09.030
Provision of green goods and services have greened states and industries. Industries that increase share of green employment have reduced productivity in goods production, but not in services supply. Industries that increased provision of green goods and services grew more slowly and demanded more medium educated workers while simultaneously reducing their demand for lower skilled workers.
74
OECD2017Employment Implications of Green Growth: Linking jobs, growth, and green policies
International organization report
Commentary
Policy recommendations; Job figures; Theory
Just transition; Green jobsN; TX; 𝜂Any
https://www.oecd.org/environment/Employment-Implications-of-Green-Growth-OECD-Report-G7-Environment-Ministers.pdf
Ambitious green policies that improve environmental quality while maintaining economic growth do not have to harm overall employment if they are well implemented.
75
Bagheri et al.2018Green growth planning: A multi-factor energy input-output analysis of the Canadian economy
Peer-reviewed paper
Ex-post
Energy supply; Job multipliers; Climate impacts; Job figures; Growth
Supply chains; Input-Output; Energy; MF-EIO; Non-energy products
T; traditional energy𝜂; 𝜀Canada
https://doi.org/10.1016/j.eneco.2018.07.015
Green growth in Canada can prioritize activities that generate economic and job growth at minimal environmental pressure and providing a longer structural change path for improving supply chains of other economic activities.
76
Chhabra et al.2018Local Fiscal Multiplier on R&D and Science Spending: Evidence from the American Recovery and Reinvestment ActWorking paperEx-post
Job figures; Long-run multiplier; Cost
Innovation; Green jobs; EconometricsNot green literatureNot green literatureUS
https://deepblue.lib.umich.edu/bitstream/handle/2027.42/144514/1383_Chhabra.pdf?sequence=1&isAllowed=y&fbclid=IwAR0YWWB6JvgMiDlbQBUFB03FXBFhd1W1TQmxggc_uDxjVF7arBUkChSvEAY
Over five-year disbursement period, ARRA each million USD in R&D and science spending created twenty-seven additional jobs, and every job-year cost about $15000
77
Vona et al.2019Measures, drivers and effects of green employment: evidence from US local labor markets, 2006-2014
Peer-reviewed paper
Ex-post; Commentary
Job figures; Job multipliers
Green jobs; Industrial policy; Wage premium
T; Y𝜂; ψUS
https://doi.org/10.1093/jeg/lby038
Green employment is pro-cyclical, highly skilled, commands a 4% wage premium, and is geographically concentrated, while employment positively correlates with subsidies, local knowledge, and was resilient to the recession. One additional green job is associated with 4.2 new local jobs in non-tradeable non-green activities (2.2 in crisis period).
78
Bailey2019Industrial Policy in the context of the Climate Emergency: the case for a Green New Deal
Academic policy brief
Ex-ante; Commentary
Policy recommendations
Finance; Green New Deal; Politics; Industrial policy
T; Y; U; Q𝜂; ψ; λ; γUK; US; Europe
https://www.mmu.ac.uk/media/mmuacuk/content/documents/business-school/future-economies/Dan-Bailey-Green-New-Deal.pdf
A green transformation of the obstructive, modus operandi, British state, needed before a green transformation of the British economy can be orchestrated.
79
Jacobson et al.2019Impacts of Green New Deal Energy Plans on Grid Stability, Costs, Jobs, Health, and Climate in 143 Countries
Peer-reviewed paper
Ex-ante; Commentary
Policy recommendations; Climate impacts; Energy supply; Cost; Job figures
Green New Deal; Energy security; Green jobs
T𝜂Any
https://doi.org/10.1016/j.oneear.2019.12.003
Green New Deal all-sector energy roadmaps are developed for 143 countries, including transitioning all energy to 100% WWS, which needs less energy, costs less, and creates more jobs than current energy.
80
IEA2020Sustainable Recovery: World Energy Outlook Special Report
International organization report
Ex-post; Ex-ante; Commentary
Growth; Job figures; Climate impacts; Energy supply
Sustainable growth; Green jobs; International coordination
T; smart grid; U; Y𝜂; 𝜂 - 5 λ; ψAny
https://www.iea.org/reports/sustainable-recovery?fbclid=IwAR2wTX4FAFuw6ht2GK0qtpVaFt6R8LietTRr4Pd0BLxiJTSsQwkkO71603A
The Sustainable Recovery Plan set out in this report shows governments have a unique opportunity to boost economic growth, create millions of new jobs, and put GHG emissions into structural decline.
81
McKinsey2020How a post-pandemic stimulus can both create jobs and help the climate
Corporate report
Ex-post; Ex-ante; Commentary
Cost; Growth; Climate impacts; Job figures
Capital mobilization; Green jobs; Sustainable growth; Grants; Loans; Regulation; Politics
Q; Y; U; Tγ; 𝜂; λ; ψAny
https://www.mckinsey.com/business-functions/sustainability/our-insights/how-a-post-pandemic-stimulus-can-both-create-jobs-and-help-the-climate?fbclid=IwAR2-ODF335xs9FnzGey65djzRkv_8-LctUJh9TvtCPSwFQCdL0VzrtEZruo
Low-carbon stimulus spending can spur economic recovery and job creation, particularly compared to fossil fuels.
82
Helm2020The Environmental Impacts of the Coronavirus
Peer-reviewed paper
Ex-ante; Commentary
Growth; Climate impacts; Cost
Green New Deal; Finance; Debt; Monetary policy; International coordination; Trade; Behavioural change
S1; M; T; traditional energy; Q𝛽; Z; 𝜂; 𝜀; γ Any
https://doi.org/10.1007/s10640-020-00426-z
Further fiscal stimuli, with larger government borrowing, and an infrastructure investment package concentrated on green deals both have significant environmental consequences. Fiscal stimuli will increase demand for energy, transport, and agricultural products. Green investments not the sole component of a sustainable long-term growth strategy: public investments will be directed towards health and social care, and fibre networks.
83
Sato et al.2020Does it pay for firms to go green?
Academic policy brief
Commentary
Growth; Policy recommendations
Finance; Stock market; Sectoral trendsT; Q𝜂; γ; Any
http://www.lse.ac.uk/granthaminstitute/publication/does-it-pay-for-firms-to-go-green/
Firms that diversify into green market space have higher profit margins and lower asset turnover, and low operating efficiency of assets may explain why high profit margins do not translate into profitability, except for within the energy sector, which highlights the importance of comprehensive policy frameworks targeting decarbonisation of key emissions-intensive sectors.
84
Blondeel2020COVID-19 and the Climate – Energy Nexus
Think tank report
Commentary
Climate impacts; Policy recommendations
Just transition; International coordination; Regulation
T; Q; traditional energy𝜂; γ; 𝜀Europe
https://biblio.ugent.be/publication/8663057/file/8663059
The “Great Lockdown” appears to provide some opportunities in light of a green and just transition, and recovery plans should tackle both economy and climate, while maintaining the managed decline of fossil fuels.
85
Erickson and Lazarus2020Examining risks of new oil and gas production in Canada
Think tank report
CommentaryEnergy supply
Fossil market; Energy capacity; Oil discovery
traditional energy𝜀Canada
https://www.sei.org/wp-content/uploads/2020/06/examining-risks-of-new-oil-and-gas-production-in-canada.pdf
While oil and gas will remain vulnerable to trends of falling global oil demand and price, long-term net zero targets will require the country to untangle itself from oil and gas production and pursue more sustainable and resilient avenues for economic recovery and growth.
86
Bailey2020Greening the ‘Green Shoots’ of Recovery: The Dangers of Crisis Myopia and the Need to ‘Build Back Better’
Academic policy brief
Commentary
Theory; Growth; Policy recommendations
Sustainable growth; Innovation; Monetary policy; Bailouts; Finance
T; Y; Q; V; E
𝜂; ψ; γ; 𝜇; B No direct equivalent for E in new archetypes
Any
https://www.mmu.ac.uk/media/mmuacuk/content/documents/business-school/future-economies/Greening-the-Green-Shoots-of-Recovery.pdf
A large shift in the Overton Window towards acceptable fiscal and monetary intervention means that there is opportunity to finance transformation over preservation.
87
Barbier2020Greening the Post-Pandemic Recovery in the G20
Peer-reviewed paper
Commentary
Policy recommendations
Green New Deal; Finance; Debt; Innovation; Green jobs; Income
T; U; smart grid; Y; Q𝜂; λ; ψ; γ; 𝜂 - 5Any
https://link.springer.com/article/10.1007/s10640-020-00437-w
For G20 economies, investing in a workable and affordable green transition is essential, learning from the US and South Korea following the 2008-2009 Great Recession and implementing policies for a sustained economic recovery. Priorities for public spending include green innovation and infrastructure, smart grids, transport systems, charging station networks, and sustainable cities.
88
Fuentes et al.2020COVID-19 and Climate Change: A Tale of Two Global ProblemsWorking paperCommentary
Policy recommendations
Game theory; Mitigation; Informational assymmetries
M; T; Q; WZ; 𝜂; γ; 𝜏Any
https://papers.ssrn.com/sol3/papers.cfm?abstract_id=3604140
COVID-19 and climate change share the same microeconomic foundations and the pandemic is a mock laboratory of climate change.
89
Jotzo et al.2020Fiscal stimulus for low-carbon compatible COVID-19 recovery: criteria for infrastructure investmentWorking paperCommentary
Policy recommendations
Evaluation framework; Assessing stimulus; Green jobs
T; Q; U; V𝜂; γ; λ; 𝜇Any
https://www.energy-transition-hub.org/files/resource/attachment/ccep2005_low-carbon_stimulus_-_jotzo_longden_anjum.pdf
Promising categories for public stimulus include renewable energy supply, transport infrastructure projects, energy efficiency programs, and land management projects, creating jobs and local economic activity while supporting lower carbon outcomes. Evaluation of public investment options along a clear set of criteria can improve decision-making and transparency to inspire greater public confidence.
90
Phillips et al.2020Green recovery for practitioners. Setting the course towards a sustainable, inclusive and resilient transformation
International organization report
Commentary
Policy recommendations; theory
Definitions; Frameworks; ExamplesAny
https://www.adaptationcommunity.net/wp-content/uploads/2021/01/Setting-the-Course-Towards-a-Sustainable-Inclusive-and-Resilient-Transformation.pdf
There are many and varied definitions for a 'green recovery'. Motivations for green investment span economic, social, and environmental topics. A wide range of existing tools and approaches can support green recovery planning.
91
Baxter et al.2020Primed for Action: A Resilient Recovery for Australia
Think tank report
Commentary
Policy recommendations
Resilient recovery; Climate advantage; Green jobs
T𝜂Australia
https://apo.org.au/sites/default/files/resource-files/2020-05/apo-nid305122.pdf
Politicians have listened to expert scientific advice on COVID-19 and acted. It is urgent they do the same with climate change. A resilient recovery from the coronavirus must prepare Australia for the next major threat - climate change. The potential for job creation in the renewables sector is substantial and can set our country up for the 21st Century.
92
Benmir and Roman2020Policy interactions and the transition to clean technologyWorking paper
Ex-ante; Commentary
Theory; Climate impacts
Firms; Households; Macroeconomic modelling; Monetary policy; Carbon tax; Innovation
Y; Xψ; ρAny
http://www.lse.ac.uk/granthaminstitute/publication/policy-interactions-and-the-transition-to-clean-technology/
Tackling climate change requires innovating classic research paths, where macroprudential and monetary policies are necessary tools to complement fiscal policies in climate change mitigation.
93
Arcanjo2020Post-Pandemic Recovery: Integrating the Economic and Environmental Responses to COVID-19
Think tank report
Commentary
Policy recommendations
Bailouts; Post-pandemic; DiscussionAllAllAny
http://climate.org/wp-content/uploads/2020/05/Post-Pandemic-Recovery.pdf
Changes to public opinion suggest potential for positive change once lockdown measures are lifted, while actions and policies to recover from COVID-19 should not neglect or exacerbate climate change.
94
Kenward and Brick2020Even Conservative voters prefer the environment to be at the heart of post-COVID-19 economic reconstruction in the UKWorking paperSurveyTheoryPolitics; Econometrics; Logistic analysisT; U𝜂; λUK
https://psyarxiv.com/ebzhs
A YouGov survey shows most participants prefer a speech that prioritised environmental protection, even in Conservative voters, suggesting the potential impacts on individual well-being are becoming more important as a motivator of environmental concern in the UK.
95
UN2020Forests: at the heart of a green recovery from the COVID-19 pandemic
International organization report
Commentary
Policy recommendations
Forests; Green jobs; Wellbeing; Sustainability; Logging; Regulation
P; V
𝜇; C1; B1; B2 no direct equivalent for P in new archetypes
Any
https://www.un.org/development/desa/dpad/wp-content/uploads/sites/45/publication/PB_80.pdf
Forests should be key to the recovery from COVID-19 and building back better, as sustainable forest management and forestry jobs offer opportunities for a green recovery, and healthy forests build resilience against future pandemics.
96
Cojoianu et al.2020In the Name of COVID-19: Is the ECB Fuelling the Climate Crisis?
Peer-reviewed paper
Ex-postTheoryFinance; Bondstraditional energy𝜀Europe
https://papers.ssrn.com/sol3/papers.cfm?abstract_id=3630112
The likelihood of a European energy company bond to be bought as part of the ECB’S PEPP bond purchase program increases with the GHG intensity of the bond issuing firm. The ECB’S PEPP portfolio during the pandemic is likely to become tilted towards companies with anti-climate lobbying activities and less transparent GHGH emissions.
97
Colli2020The end of ‘business as usual’? COVID-19 and the European Green Deal
Think tank report
Commentary
Policy recommendations
Green New Deal; Politics; Media; Inequality; Socioeconomic dimensions; EU; Green recovery alliance; Debt
T; Y; E; F; K
𝜂; ψ; F; α; B No direct equivalent for E in new archetypes
Europe
https://lirias.kuleuven.be/retrieve/575553
The European Green Deal may be a ‘make or break’ moment for the EU to act on climate change through its recovery plan, due to public attention, economic strain and inequalities, and loss of trust within the EU.
98
IEA2020What the 2008 financial crisis can teach us about designing stimulus packages today
International organization report
Commentary
Policy recommendations
Finance; Bailouts; Technology; Innovation; Industrial policy
T; U; Y𝜂; λ; ψAny
https://www.iea.org/commentaries/what-the-2008-financial-crisis-can-teach-us-about-designing-stimulus-packages-today
Governments can achieve both short-term economic gains and long-term benefits by making clean energy part of their stimulus plans, by building on what they already have, and choosing technologies that are ready for scaling up, while remaining wary of large, highly complex projects. Importantly, governments should think big and consider the bigger picture.
99
Agrawala et al.2020What policies for greening the crisis response and economic recovery?Working paperCommentary
Policy recommendations; Literature review; Growth; Climate impacts
Assessing stimulus; Green New Deal; Co-benefits
T; U; C4C; Y; Q; V𝜂; λ; 𝜇; γ; ψ; BAny
https://www.oecd-ilibrary.org/content/paper/c50f186f-en
It is important to build policy evaluation mechanisms into green stimulus measures, while there is evidence of sufficiently large, timely, and properly designed green stimulus generating economic growth, jobs, and environmental benefits. There are trade-offs between competing objectives, underscoring importance of proper policy design.
100
Climate Action Tracker2020A government roadmap for addressing the climate and post COVID-19 economic crises
Think tank report
Commentary; Meta-analysis
Policy recommendations; Climate impacts; Growth
Assessing stimulus; GHG emissions; Projections
T; U; Y; V; Q; E
𝜂; λ; 𝜇; ψ; γ; B No direct equivalent for E in new archetypes
Any
http://www.acamedia.info/sciences/sciliterature/globalw/reference/climate_action_tracker/CAT_2020-04-27_Briefing_COVID19_Apr2020.pdf
Green stimulus can deliver employment, climate change mitigation, reduced pollution, energy security, enhanced access to energy. Proposals so far have been a mix of positive and negative, due to a temptation to prioritise shovel ready projects that may favour business-as-usual.