Putting the green back in greenbacks: opportunities for a truly green stimulus

Autor: Farzad Taheripour, Maksym Chepeliev, Richard Damania, Thomas Farole, Nancy Lozano Gracia, Jason Daniel Russ
Jazyk: angličtina
Rok vydání: 2022
Předmět:
Zdroj: Environmental Research Letters, Vol 17, Iss 4, p 044067 (2022)
Druh dokumentu: article
ISSN: 1748-9326
DOI: 10.1088/1748-9326/ac6003
Popis: Can countries reorient their productive capacity to become more environmentally friendly and inclusive? To investigate this question this paper uses a standard Input-Output modeling framework and data from 141 countries and regions to construct a new global dataset of employment, value-added, greenhouse gas (GHG) emissions (disaggregated into CO _2 and Non-CO _2 elements), and air pollution (including nine categories of air pollutants such as PM _2.5 ) multipliers from supply side investments. We find that many of the traditional sectors in agriculture and industry have large employment multipliers, but also generate male dominant, lower skill employment, and tend to have higher emission multipliers. It is in economies dominated by these sectors that trade-offs to a ‘greener’ transition will emerge most sharply. However, we find a substantial heterogeneity in outcomes, so even in these economies, there exist other sectors with high employment multipliers and low emissions, including sectors that are more conducive to female employment. In addition, we find a high correlation between industries that generate GHG emissions, which cause long term climate impacts, and those that generate air pollution, which have immediate harmful impacts on human health, suggesting that policies could be designed to simultaneously confer longer climate benefits with immediate health improvements. Our results confirm some of the findings from recent research and shed new light on opportunities for greening economies.
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