Fri, 11 November 2022, 13:15 – 14:15 | UK Pavilion | COP27 venue
The most outstanding successes so far in low carbon transitions in China, India, Brazil, and Europe were achieved by policies implemented despite, not because of, dominant economic analysis and advice. That was the striking finding of a report released by the Economics of Energy Innovation and System Transition project at COP26.
Now the same team launched a new report, outlining ten principles for successful policymaking on low carbon transitions. Based on detailed empirical evidence, these overturn conventional wisdom and suggest a new way forward that can help countries deliver the Breakthrough Agenda, and accelerate innovation, job-creation, and cost reduction in the shift from fossil fuels to clean technologies.