Putting the Green Back in Greenbacks : Opportunities for a Truly Green Stimulus

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...

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Main Authors: Taheripour, Farzad, Chepeliev, Maksym, Damania, Richard, Farole, Thomas, Lozano Gracia, Nancy, Russ, Jason Daniel
Format: Working Paper
Language:English
Published: World Bank, Washington, DC 2021
Subjects:
Online Access:http://documents.worldbank.org/curated/en/204371627567325630/Putting-the-Green-Back-in-Greenbacks-Opportunities-for-a-Truly-Green-Stimulus
http://hdl.handle.net/10986/36053
id okr-10986-36053
recordtype oai_dc
spelling okr-10986-360532021-08-06T05:10:30Z Putting the Green Back in Greenbacks : Opportunities for a Truly Green Stimulus Taheripour, Farzad Chepeliev, Maksym Damania, Richard Farole, Thomas Lozano Gracia, Nancy Russ, Jason Daniel GREEN GROWTH GREEN JOBS CLIMATE CHANGE INPUT-OUTPUT ANALYSIS GREENHOUSE GAS EMISSIONS AIR POLLUTION 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 data set of employment, value-added, greenhouse gas emissions (disaggregated into carbon dioxide and non-carbon dioxide elements), and air pollution (including nine categories of air pollutants such as fine particulate matter multipliers from supply-side investments. The analysis finds 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 emissions multipliers. It is in economies dominated by these sectors that trade-offs to a “greener” transition will emerge most sharply. However, the analysis finds 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, the analysis finds a high correlation between industries that generate greenhouse gas 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 confer longer climate benefits simultaneously with immediate health improvements. The results confirm some of the findings from recent research and shed new light on opportunities for greening economies. 2021-08-05T12:40:28Z 2021-08-05T12:40:28Z 2021-07 Working Paper http://documents.worldbank.org/curated/en/204371627567325630/Putting-the-Green-Back-in-Greenbacks-Opportunities-for-a-Truly-Green-Stimulus http://hdl.handle.net/10986/36053 English Policy Research Working Paper;No. 9742 CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo World Bank World Bank, Washington, DC Publications & Research Publications & Research :: Policy Research Working Paper
repository_type Digital Repository
institution_category Foreign Institution
institution Digital Repositories
building World Bank Open Knowledge Repository
collection World Bank
language English
topic GREEN GROWTH
GREEN JOBS
CLIMATE CHANGE
INPUT-OUTPUT ANALYSIS
GREENHOUSE GAS EMISSIONS
AIR POLLUTION
spellingShingle GREEN GROWTH
GREEN JOBS
CLIMATE CHANGE
INPUT-OUTPUT ANALYSIS
GREENHOUSE GAS EMISSIONS
AIR POLLUTION
Taheripour, Farzad
Chepeliev, Maksym
Damania, Richard
Farole, Thomas
Lozano Gracia, Nancy
Russ, Jason Daniel
Putting the Green Back in Greenbacks : Opportunities for a Truly Green Stimulus
relation Policy Research Working Paper;No. 9742
description 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 data set of employment, value-added, greenhouse gas emissions (disaggregated into carbon dioxide and non-carbon dioxide elements), and air pollution (including nine categories of air pollutants such as fine particulate matter multipliers from supply-side investments. The analysis finds 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 emissions multipliers. It is in economies dominated by these sectors that trade-offs to a “greener” transition will emerge most sharply. However, the analysis finds 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, the analysis finds a high correlation between industries that generate greenhouse gas 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 confer longer climate benefits simultaneously with immediate health improvements. The results confirm some of the findings from recent research and shed new light on opportunities for greening economies.
format Working Paper
author Taheripour, Farzad
Chepeliev, Maksym
Damania, Richard
Farole, Thomas
Lozano Gracia, Nancy
Russ, Jason Daniel
author_facet Taheripour, Farzad
Chepeliev, Maksym
Damania, Richard
Farole, Thomas
Lozano Gracia, Nancy
Russ, Jason Daniel
author_sort Taheripour, Farzad
title Putting the Green Back in Greenbacks : Opportunities for a Truly Green Stimulus
title_short Putting the Green Back in Greenbacks : Opportunities for a Truly Green Stimulus
title_full Putting the Green Back in Greenbacks : Opportunities for a Truly Green Stimulus
title_fullStr Putting the Green Back in Greenbacks : Opportunities for a Truly Green Stimulus
title_full_unstemmed Putting the Green Back in Greenbacks : Opportunities for a Truly Green Stimulus
title_sort putting the green back in greenbacks : opportunities for a truly green stimulus
publisher World Bank, Washington, DC
publishDate 2021
url http://documents.worldbank.org/curated/en/204371627567325630/Putting-the-Green-Back-in-Greenbacks-Opportunities-for-a-Truly-Green-Stimulus
http://hdl.handle.net/10986/36053
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