This report examines the specific industrial policy measures promoting a low-carbon transition in five focus countries, specifically Brazil, Germany, Indonesia, the Republic of Korea and South Africa, through a compilation of expert review studies. It shows that across all levels of development, major attention is being paid to the threats of climate change and opportunities of pursuing a low-carbon development path, and dedicated efforts are presented to operate efficient industrial policies to enhance green growth. However, it is clear that the major focus in developing countries will need to be on green investments and on creating an enabling environment for such investments if the global economy is to effectively combat climate change.
This report is the second volume in a two volume set. Volume I of the report, providing overall findings from the project, can be accessed here.