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Title page 1

Contents 3

Acknowledgements 2

1.0. Introduction 4

2.0. What Do We Mean by Green Industrial Policy? 6

3.0. The Evolution of International Thinking on Industrial Policy 9

4.0. Where Are We Now? An overview of recent green industrial policies through case studies 13

China: Aggressive industrial policies with global implications 13

United States: The global industrial policy war 14

The EU: The Green Deal Industrial Plan 16

Canada: Green subsidies and market realities 17

Brazil: A new industrial policy for a new world 18

South Korea: Reflections on the 2020 Green New Deal 18

Comparative Insights and Policy Implications 19

5.0. Possible Implications 20

Economic Impacts 20

Environmental Impacts 22

Implications 22

6.0. Going Forward: Key considerations and questions 24

National Level: Design and tools for specific contexts and capacities 24

International Level: Trading rules and equity 25

Cooperation and Collaboration 25

References 26

Tables 8

Table 1. Green industrial policy: Additional objectives and characteristic new instruments 8