New business models can make an important contribution to the transition to green growth.
Green growth is an environmental policy strategy that aims at an absolute decoupling between economic growth and resource consumption.
This paper reviews dynamic general equilibrium models in order to collect insights on the interaction between economic growth and environmental issues. The authors discuss the Ramsey model and extend it for natural resource inputs and pollution, as well as for endogenous technical change.
A new study from the World Bank shows how climate action is an essential pillar of an effective development strategy.
Are poverty alleviation and environmental sustainability conflicting objectives? Or do the two goals support each other? Both are traditional domains of policy-makers aiming to promote green growth and pro-poor or inclusive growth.
This study offers a critical review of the strengths and weaknesses of various methodologies, and of the adequacy of models to help countries to assess their economies and develop green economy strategies.