Industrial policy in a new global reality
A new location- and sector-focused approach to drive structural transformation.
A new location- and sector-focused approach to drive structural transformation.
COP26 commitments must now be turned into concrete actions – a complex but urgent task.
Pledges are mostly tilted towards energy-related emissions, but a broader paradigm shift is needed to fight the climate crisis.
Effective place-based policies need to deliver desired spatial economic cohesion while minimizing resource waste and secondary distortions.