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Greening the economy

Nordic experiences and challenges

image of Greening the economy

After the recent financial and economic crisis, greening the economy has become a major focus for international and national discussions: How to combine forceful and effective action to meet climate change and other environmental challenges with stronger and more sustainable economic development, in both developed and developing countries. This synthesis report on the Nordic countries' environmental policy experiences, focuses on the use of economic instruments and how this policy has contributed to the integration of environmental concerns into economic growth and development policies. The report demonstrates that the Nordic countries have been successful in achieving substantial reductions in several major pollutants and clear improvements in local and regional environmental quality, while maintaining an internationally respectable rate of economic growth. This decoupling of economic development from growth in emissions has been achieved through a range of policy instruments, with a strong and increasing element of economic, market-based instruments. The challenge, and the opportunity, for the Nordic countries is to strengthen and deepen such policies, with even more effective design of and combination of policy instruments, to deal with new and remaining threats to the local, national and international environment. The study was carried out by Vista Analyse AS and commissioned by the Nordic Council of Ministers for the Environment.

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Innovation in green technologies – some cases

In this chapter we look into some more detail on what drives innovation in general and green technology innovation in particular, and present some cases from the Nordic countries on technology development activities spurred by various environmental policy instruments. Since much of these activities are related to energy production and use, we first present some overview and comparison of the energy sector in the Nordic countries. It also shows how political priorities and environmental policies have influenced the development of energy production and use.

English

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