In this chapter, the authors seek to understand the rent management capabilities government needs to successfully handle interventions aimed at catalysing the green transformation.
Success means attracting private investment in green technologies efficiently and effectively while discouraging investment in polluting technologies. This implies more than financial incentives and disincentives; governments can also inform and nudge market actors through a variety of measures, ranging from information campaigns to the application of voluntary and compulsory standards. The authors explore what is needed to get the process of restructuring underway and trigger a self-reinforcing dynamic.
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