Green Industrial Policy in Germany - Study by IISD and DIE

The International Institute for Sustainable Development (IISD) and the German Development Institute (DIE) share a new research report on renewable energy policy in Germany and the contribution it has made to green growth. 

While renewable energy deployment is often pursued for environmental purposes, governments are increasingly concerned with securing the associated economic benefits.  Green industrial policies aim to promote the development of a green industrial sector – and the accompanying economic activity and jobs – while simultaneously working towards environmental targets.  However, as with traditional industrial policy, the design of interventions is crucial in determining the extent to which these policies are successful.

This report is one in a series of studies that will examine existing polices, and the lessons that they suggest for policy makers seeking to target the development of green industries.  It focuses on the wind and solar energy sectors in Germany, and policies that have been implemented to support growth in these sectors.  While performance against environmental goals is widely held to have been successful, the report considers the extent to which policies have also supported economic, social and technological objectives.  It aims to provide policy makers with the research necessary for the development of cost effective, well targeted policies for the development of green industries.

Read the full Research Report HERE
Source IISD