Discussion paper examines green industrial policy's framework in addressing environmental challenges, suggesting strategic governmental roles.
Key Points
This paper aims to explore the conceptual framework of green industrial policy and its necessity in achieving sustainable development while addressing environmental challenges.
Analyzes the differences between green and conventional industrial policy.
Highlights lessons learned from successful and unsuccessful cases of government intervention.
Discusses the role of change coalitions and policy learning in implementing green interventions.
Identified successful green policies in Germany and Denmark as examples of competitive potential in new technologies.
Illustrated the risks of political capture and government failure in industrial policy.
Proposed a vision that integrates broad public support and market alignment to ensure effective green industrial policies.