This working paper assesses opportunities and policies for green growth in the Chicago Tri-State Metropolitan Area. It first examines the Chicago metro-region's economic and environmental performance and potential constraints to regional growth, and identifies emerging regional specialisations in green products and services. This is followed by a review of sector-specific policies that can contribute to green jobs, green firms and urban attractiveness, with particular attention to energy-efficient buildings, the wind energy industry, public transportation, and the water and waste sectors. Finally, the working paper considers the role of workforce, innovation and governance policies, focusing on skill shortages and skill mismatches in the regional labour market, ways to make the most of the region's innovation assets, and opportunities for regional institutional co-ordination.
This is the final report for the joint Adam Smith International and Vivid Economics ‘study of mechanisms to incentivize the financial sector to scale up financing of green investment in Jordan’. The overall aim of the study is to identify the barriers associated with private sector financing of ‘green economy’ activities in Jordan. The study also proposes possible ways to overcome these barriers, drawing, where appropriate, on experiences in other countries. The decision to undertake this study was taken in 2010 by Jordan’s Prime Minister and Ministry of Environment following a Green Financing Seminar held by the Ministry of Environment and the Association of Banks of Jordan. It also follows a Scoping Study – Towards a Green Economy carried out by the United Nations Environment Programme (UNEP) in partnership with the Ministry of Environment carried out in 2011.
Improving energy-efficiency is essential to any strategy to reduce global emissions of greenhouse gases (GHGs). New generations of household appliances are becoming ever more energy-efficient due to continuing technological advances, often spurred by government policies. These products are manufactured, sold and used on a global scale not imagined a decade ago. Yet achieving the full market potential of these best-available technologies has proven elusive, due to a variety of factors, some of which are trade-related. This paper considers these factors and looks at ways of addressing them. It examines four products in the residential sector that have considerable potential for significantly reducing GHG emissions: refrigerators, televisions, lighting, and air conditioners. These technologies are also widely traded globally. To develop a better understanding of how improvements in energy efficiency could affect CO2 emission reductions, the paper draws on work undertaken by Japan’s Research Institute of Innovative Technology for the Earth (RITE), using their DNE21+ model.
Public expenditure remain crucial for addressing environmental problems and, more broadly, promoting a greener model of development in the countries of Eastern Europe, Caucasus and Central Asia (EECCA). Traditionally, however, the environmental sector in the EECCA countries has not been very effective in attracting domestic public financing. As the global economic and financial crisis imposes ever-tighter constraints on public budgets in the region, and as donors shift to new approaches of delivering aid via country systems, this sector becomes increasingly vulnerable to underfunding.
The concept of a green economy has become the new buzz word in sustainability discourses, particularly in light of the Rio+20 Conference. Because of the current economic crisis and the perception that sustainability politics cannot be implemented efficiently, politicians have set their hopes on greening the economy. However, there are major problems with the aims and strategies linked to this concept. Specifically, if political, economical, and cultural constraints are not considered, green economy strategies will not be successful in their goals to end environmental degradation and reducing poverty.