This joint publication by UN Environment and the German Development Institute/Deutsches Institut für Entwicklungspolitik (DIE) illustrates how green industrial policy can be a driver for a green economy transformation and highlights the social, environmental and economic co-benefits of green industrial policy. Green industrial policy instruments, including environmental fiscal reforms, can support the transition to economic structures that balance environmental sustainability and wealth creation and help catalyse the needed change towards a sustainable future.

This report provides valuable insights and background knowledge for policy-makers and academia and paints a detailed picture of the state of research into green industrial policy. With case studies from China, Morocco, Brazil and Germany, the report illustrates efforts for structural change around the world. A special focus is given to developing countries, because of their need for growth and their high potential for transformation, as they are not yet locked into unsustainable pathways.

The executive summary and full report are available to download from the PAGE website.