This analysis shows how green industrial policies foster development and reduce emissions in Global South countries, implying significant opportunities for change.
• The energy transition risks reproducing old extractivist dependencies unless Global South countries actively pursue green industrial policy and domestic value creation. • Climate action and development are not opposites: green industrial policies can simultaneously reduce emissions, foster reindustrialization, and create quality jobs. • The energy transition opens a historic window of opportunity for the Global South—but only countries that act strategically can turn resources into industrial capabilities.
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Verónica Robert (2025) studied this question.
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