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  Can Green Growth Really Work and What Are the True (socio-) Economics of Climate Change?

  Discussion paper by Hoffmann, Ulrich /UNCTAD, 2015, 31 pages

  Categories: Globalization and Development Strategies, Trade and Environment

  This paper argues that growth, technological, population-expansion and governance constraints as well as some key systemic issues cast a very long shadow on the "green growth" hopes. Many economists and policymakers advocate a fundamental shift towards "green growth" as the new, qualitatively-different growth paradigm, largely based on enhanced material/resource/energy efficiency, structural changes towards a service-dominated economy and a switch in the energy mix favouring renewable forms of energy. However this paper states that such an evolutionary approach will not be sufficient to cope with the complexities of climate change.