2.4a How can we decouple economic growth and emissions? Which investments and policies can support multiple objectives, e.g. both growth and climate resilience/low-carbon transitions/environmental sustainability?
Background
Research supports policy makers to adjust to the changing global economic environment, to deliver sustainable, inclusive growth that is resilient to a variety of shocks. Global changes in technology, trade and climate are re-shaping the pathways open to countries of all income levels to drive structural transformation and employment-rich growth, while increased debt levels are reducing policymakers’ room to manoeuvre.
Research and evidence are also needed to bring a suite of broader economic tools to spur the private sector and increase productivity through increased investment, trade, technological upgrading and improved human capital and infrastructure.
Next steps
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Topics
Related UKRI funded projects
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PRISMA (Net Zero Pathway Research Through Integrated Assessment Model Advancements)
The ambition to achieve the Paris Agreement goals has led to the realization that a rapid and full decarbonization of the economy is required, involving a structural transition of the current economy and society. With th...
Funded by: Horizon Europe Guarantee
Lead research organisation: UNIVERSITY OF OXFORD
Why might this be relevant?
The PRISMA project focuses on decarbonization of the economy and society, aligning with the question's objective.
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Productive and Inclusive Net Zero (PRINZ) - Opportunities and barriers in the transition to sustainable and equitable growth
This project explores the link between productivity and two important government priorities: phasing out greenhouse gas emissions (net zero) and improving economic prospects at the regional level (levelling up). Bringing...
Funded by: SPF
Lead research organisation: Imperial College London
Why might this be relevant?
The PRINZ project explores the link between productivity, net zero emissions, and economic growth, addressing the question's objectives.
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NET ZERO PATHWAY RESEARCH THROUGH INTEGRATED ASSESSMENT MODEL ADVANCEMENTS
The ambition to achieve the Paris Agreement goals has led to the realization that a rapid and full decarbonization of the economy is required, involving a structural transition of the current economy and society. With th...
Funded by: Horizon Europe Guarantee
Lead research organisation: UNIVERSITY OF CAMBRIDGE
Why might this be relevant?
The NET ZERO PATHWAY RESEARCH project focuses on decarbonization and policy targets, aligning with the question's objectives.