Industrial policy — or strategic government measures that aim to promote new economic sectors and accelerate structural change — has traditionally been employed to enhance productivity, boost competitiveness, and promote economic growth. Today, green industrial policy follows this same approach of state-driven structural change while also promoting broader social and environmental goals.
By drawing from recent examples of green industrial policy, countries can generate the benefits of traditional industrial policy while accelerating the shift away from carbon-intensive industrial production to more sustainable models, thus advancing the transition towards a green economy while reducing the numerous environmental risks lying ahead.
The course is designed to advance learning on green industrial policy at a high technical level and serves two types of users. First, the course provides individual learners with the knowledge and conceptual tools to grasp and shape the global debate on modernizing the industrial basis of our economies. Secondly, lecturers and instructors are encouraged to use the course materials and apply them within their instructional activities, for example by integrating them into existing curricula and/or programmes.
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What will you learn?
The course's materials are curated to help achieve the following learning objectives:
- Explain the rationale for advancing green industry
- Differentiate the main concepts related to green industrial policy
- Highlight relevant empirical evidence in support of policy reform
- Distinguish policy instruments to foster structural change
- Appraise strategic considerations during policy design, implementation and evaluation
- Outline the relationship between green industrial policy and trade
Course structure at a glance
The course offers a wide panorama of the main conceptual and empirical considerations within the current global green industrial policy debate along five modules, each addressing a specific set of questions:
- Industrial policy: Challenges and opportunities
- Green industrial policy: Conceptual foundations
- Strategic development of green industrial policy
- Green industrial policy instruments
- Green industrial policy and trade