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Greening the G7 economies
Oxford Review of Economic Policy ( IF 6.326 ) Pub Date : 2023-11-22 , DOI: 10.1093/oxrep/grad039
Edward B Barbier 1
Affiliation  

Despite some progress, the Group of 7 (G7) have yet to act collectively to foster a low-carbon transition of their economies. This paper outlines such a strategy, which would also encourage other economies to follow suit. This strategy has three elements: fossil fuel pricing reforms; recycling revenues to fund green innovation and to offset any adverse income or employment impacts; and developing the proposed G7 Climate Club to promote compliance by other countries. This must be accompanied by comprehensive assistance to emerging market and developing economies to help accelerate their clean energy transition, facilitate their participation in the Climate Club, and attain climate, poverty and development goals.

中文翻译:

七国集团经济体绿色化

尽管取得了一些进展,七国集团 (G7) 尚未采取集体行动来促进其经济的低碳转型。本文概述了这样的战略,这也将鼓励其他经济体效仿。该战略包含三个要素:化石燃料定价改革;回收收入以资助绿色创新并抵消任何不利的收入或就业影响;建立拟议的七国集团气候俱乐部以促进其他国家的遵守。与此同时,还必须向新兴市场和发展中经济体提供全面援助,帮助其加速清洁能源转型,促进其参与气候俱乐部,实现气候、贫困和发展目标。
更新日期:2023-11-22
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