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How can trade policy maximize benefits from clean energy investment? [1]

Wind and solar projects typically involve a mix of components manufactured in a few places at very large scales, but also components that can be produced in many countries. Given the boom in the construction of renewable energy projects, national governments are increasingly keen to maximize local economic benefits. In recent years, they have progressively used a range of instruments, including trade policy measures such as local content requirements or import tariffs to incentivize domestic production. This paper assesses the role of trade in stimulating local capacity while avoiding increases in project costs and consumer prices that can delay the renewable energy transition.
[2]

Publication Date: 
21/07/2021
Richard Bridle [3], Christophe Bellmann [4]
International Institute for Sustainable Development (IISD) [5]
Tags:
Renewable Energy [6], Solar Energy [7], Wind Energy [8], Trade [9], India [10], Global [11]
Centre for Science and Environment
National Knowledge Commission Government of India

Technology Partners: MimirTech


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Source URL: http://admin.indiaenvironmentportal.org.in/reports-documents/how-can-trade-policy-maximize-benefits-clean-energy-investment

Links:
[1] http://admin.indiaenvironmentportal.org.in/reports-documents/how-can-trade-policy-maximize-benefits-clean-energy-investment
[2] http://www.indiaenvironmentportal.org.in/files/file/trade policy clean energy investment.pdf
[3] http://admin.indiaenvironmentportal.org.in/category/author/richard-bridle
[4] http://admin.indiaenvironmentportal.org.in/category/author/christophe-bellmann
[5] http://admin.indiaenvironmentportal.org.in/category/publisher/international-institute-sustainable-development-iisd
[6] http://admin.indiaenvironmentportal.org.in/category/thesaurus/renewable-energy
[7] http://admin.indiaenvironmentportal.org.in/category/thesaurus/solar-energy
[8] http://admin.indiaenvironmentportal.org.in/category/thesaurus/wind-energy
[9] http://admin.indiaenvironmentportal.org.in/category/thesaurus/trade
[10] http://admin.indiaenvironmentportal.org.in/category/thesaurus/india
[11] http://admin.indiaenvironmentportal.org.in/category/thesaurus/global