Growing Green: The Economic Benefits of Climate Action

Growing Green: The Economic Benefits of Climate Action


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Growing Green: The Economic Benefits of Climate Action by World Bank, Uwe Deichmann

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.

Product Details

ISBN-13: 9780821397916
Publisher: Bernan Distribution
Publication date: 04/22/2013
Series: Eastern Europe and Central Asia Reports
Pages: 454
Product dimensions: 10.00(w) x 6.90(h) x 0.70(d)

Table of Contents

Foreword xxi

Acknowledgments xxv

Abbreviations xxix

Key Country Groups (45 European Countries) xxxiii

1 Introduction 1

A Third Transition 2

Costs of Climate Action 10

The Elements of a Climate Action Strategy 12

Outline of the Report 14

Spotlights 16

Notes 16

References 17

Spotlight 1 The Climate Challenge 19

Notes 23

References 23

1 Priorities for a Low-Carbon Transformation 25

2 Energy Efficiency 27

Energy Intensities Still High but Converging 31

With Growth after Transition, Improvements in Energy Intensity 34

Lower Energy Intensity Insufficient to Reduce Greenhouse Gas Emissions 35

Why Promoting Energy Efficiency Is Often Difficult 40

Policies that Have Worked 47

Environmental Taxes 49

Financing the Energy Transition 52

Notes 57

References 58

3 Cleaner Energy 61

Supplying Reliable, Sustainable, and Affordable Power 63

Uncertainties: Regulation, Technology, and Climate 69

Notes 92

References 93

Spotlight 2 Emission Trends in the Europe and Central Asia Region 97

Note 106

References 106

II Promoting Growth and Ensuring Social Inclusion 107

4 Economic Growth 109

Foreign Investment and Trade 112

Innovation 120

Jobs 125

Notes 127

References 128

5 Social Inclusion 131

Labor Markets 133

Distributional Impacts of Energy Price Reform 140

Health Impacts 155

Notes 161

References 162

Spotlight 3 Why Climate Action Is a Harder Sell in ECA 165

Notes 169

References 169

III Sectoral Priorities 171

6 Power 175

Natural Gas 178

Carbon Capture and Storage 187

Nuclear Power 192

Renewable Energy 197

Notes 215

References 217

7 Production 223

ECA's Industrial Energy Intensities 225

A Region Catching Up 227

Structural or Efficiency Change 231

Industrial Energy Efficiency: Where Are the Low-Hanging Fruits? 240

Closing the Efficiency Gap 252

Notes 258

References 259

8 Mobility 265

Emissions from the Transport Sector 269

The Broader Benefits of Sustainable Mobility 276

Climate-Smart Mobility Policies 280

Multimodal Mobility 296

Notes 298

References 299

9 Cities 305

Buildings 307

Public Services 316

Urban Form 328

Notes 334

References 335

10 Farms and Forests 341

Agriculture 343

Forests 367

The Way Forward 381

Notes 382

References 383

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