BU Research Blog

The OECD report Towards Green Growth provides advice for governments to boost growth and protect the environment at the same time. It recommends tax and competition measures aimed at conserving natural capital and states governments should add innovation policies that encourage an efficient and sparing use of natural resources. Suggested policies include “temporary support measures” to promote the uptake of efficient technologies against the dominance of existing ones. The report also suggests policy measures to make pollution more expensive, such as taxes or permit systems.