Policies for scaling up low-emission and resilient investment

Triggering the investment needed for low-emission and resilient economic growth requires a co-ordinated constellation of policies, spanning structural pro-growth reforms, climate policies and the broader investment environment. This chapter first considers how structural reforms can kick-start growth while also supporting the low-carbon transition. It then focuses on climate-change policies, including carbon pricing. Next, the chapter examines how policies making up the broader investment environment may be misaligned with climate objectives. If investment conditions are not conducive to low-carbon investments, even the best-designed climate policy is unlikely to be effective. Finally, the chapter considers how policy can be used to better orient public infrastructure planning and implementation towards low-carbon options, both at national and sub-national levels.