This paper explores the implications of climate change for industrial policy (IP). Five implications are discussed, namely the need for international coordination of IPs; for putting human development, and not emission targets, as the overriding objective of low-carbon IP; of stimulating innovation for energy efficiency, energy diversification, and carbon capture and storage; and for aligning IP with trade policies. Finally the funding needs of low-carbon IPs are discussed, and the importance of private sector funding emphasized.
Naude, W. Climate Change and Industrial Policy. UNU-WIDER, Helsinki, Finland (2011) 22 pp. ISBN 978-92-9230-444-7 [WIDER Working Paper No. 2011/77]