2.4e Which investments best support climate compatible and sustainable growth in developing countries?
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.
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Related UKRI funded projects
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ARUA-CD: Building African Capacity for Climate and Development Challenges
The ARUA Centre of Excellence in Climate and Development (ARUA-CD) tackles the triple challenge of enabling development that is equitable, resilient to existing and expected climate risks and impacts, and is low in carbo...
Funded by: GCRF
Lead research organisation: University of Cape Town
Why might this be relevant?
The project focuses on building African capacity for climate and development challenges, aligning with the question's emphasis on supporting climate-compatible growth in developing countries.
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Resilient CLIMATE Financing and Investment Taskforces
Urgent accelerated action is required to adapt to unavoidable and ongoing climate change. Climate-resilient investments must be substantially scaled up. Public budgets will not be able to address the adaptation financing...
Funded by: Horizon Europe Guarantee
Lead research organisation: SEI OXFORD OFFICE LIMITED
Why might this be relevant?
The project addresses the need for climate-resilient investments and financing, which partially aligns with the question on supporting sustainable growth in developing countries.
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DIAMOND
Recent literature has underlined the interplay among climate mitigation, adaptation, and finance, as well as between climate action and other development agendas, including sustainable resource use, human development and...
Funded by: Horizon Europe Guarantee
Lead research organisation: UNIVERSITY COLLEGE LONDON
Why might this be relevant?
The project focuses on updating integrated assessment models to address climate mitigation, adaptation, and finance, partially relevant to the question on supporting sustainable growth in developing countries.