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024 8  10.1596/1813-9450-9714 |2doi
035    (The World Bank)9714
035    (CKB)4100000012153198
035    (US-djbf)9714
035    (EXLCZ)994100000012153198
040    DJBF |beng |cDJBF |erda
100 1  Timilsina, Govinda.
245 10 Do Investments in Clean Technologies Reduce Production Costs? : |bInsights from the Literature / |cGovinda Timilsina.
246    Do Investments in Clean Technologies Reduce Production Costs?
264  1 Washington, D.C. : |bThe World Bank, |c2021.
300    1 online resource (58 pages)
336    text |btxt |2rdacontent
337    computer |bc |2rdamedia
338    online resource |bcr |2rdacarrier
347    data file |2rda
520 3  In response to growing environmental concerns, particularly climate change, governments have encouraged innovation and adoption of clean technologies through various policy measures. At present more than half a trillion US dollars is being invested annually in clean technologies. Based on the existing literature, this study analyzes whether investments in clean technologies increase productivity. The findings are mixed. Employing firm-level data, the majority of ex-post studies show a positive relationship between clean investments and firms' productivity, especially in the energy-intensive manufacturing sector. Most studies for the transport, building and power sector use an ex-ante, technology or sectoral level analysis instead of ex-post analysis to examine the economics of clean technologies. In the transport sector, transportation services with electricity or hydrogen are still more expensive than that with gasoline and diesel vehicles. Some studies, however, project that cleaner vehicles will be economically attractive within a decade. Many studies report that clean technologies reduce energy consumption and save energy bills in the building sector, although some studies do not agree. Most studies for the power sector indicate that renewable technologies have not yet reduced the average costs of grid electricity because of their intermittency and a smaller share in the total electricity supply.
650  4 Clean Energy Technology
650  4 Energy
650  4 Energy Efficiency
650  4 Energy Policies and Economics
650  4 Green Energy
650  4 Private Sector Development
650  4 Private Sector Economics
700 1  Malla, Sunil.
830  0 Policy research working papers.
830  0 World Bank e-Library.
906    BOOK