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Introduction to the Issue on Green Transition: How to Make It Finally Happen?

Niko Jaakkola, Riccardo Rovelli
CESifo, Munich, 2023

EconPol Forum 24 (6), 03-06
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  • The Green Transition is in every country’s national interest. “Business-as-usual” is no longer possible; the alternative is a future with costly climate impacts
  • The Green Transition requires public investments and a sizeable increase in public debt
  • Strong and coordinated policy signals and actions arerequired to shape expectations, and to thus avoid unnecessary delays and irreversible costs
  • Economists should promote an interdisciplinary assessment on the growth implications of the Green Transition
  • The transition will be more politically acceptable if seen to involve “green and inclusive growth” rather than stagnation

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