{"id":22297,"date":"2020-09-17T08:38:58","date_gmt":"2020-09-17T15:38:58","guid":{"rendered":"https:\/\/www.climateworks.org\/?post_type=report&p=22297"},"modified":"2020-09-17T08:50:41","modified_gmt":"2020-09-17T15:50:41","slug":"recasting-the-golden-key","status":"publish","type":"report","link":"https:\/\/www.climateworks.org\/report\/recasting-the-golden-key\/","title":{"rendered":"Recasting the Golden Key"},"content":{"rendered":"

Both public expenditure and private capital markets will be required to transform the global economy, but strategic use of public expenditure can catalyze the development, deployment, and dissemination of essential low-carbon technologies from basic research to worldwide commercialization. This is especially true in the COVID-19 era as governments undertake fiscal and economic stimulus measures to \u201cbuild back better.\u201d<\/p>\n

\"\"<\/a>The prevailing approach to allocating public expenditures for decarbonization has been mostly haphazard, slowing progress and introducing excessive costs into the future. Hamstrung by institutions and decision-making tools that are not built to approach expenditures holistically, the status quo lends itself to short-sighted, siloed, and uncoordinated public finance interventions. Domestically and internationally, governments lack a cohesive approach to answer an obvious question: What is the best way to spend taxpayers\u2019 marginal green dollar in service of global decarbonization?<\/strong><\/p>\n

Recasting the Golden Key<\/em> looks inside the \u201cblack box\u201d of decarbonization to show how the pace of global decarbonization can be accelerated and the cost can be reduced based on how and when nations choose to invest precious taxpayer resources. The report explores how, given the complexity of these investments, <\/strong>integrated support for technology development and deployment can be a helpful organizing tool for governments to allocate expenditures that impact decarbonization<\/strong>.<\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"

Both public expenditure and private capital markets will be required to transform the global economy, but strategic use of public expenditure can catalyze the development, deployment, and dissemination of essential low-carbon technologies from basic research to worldwide commercialization. This is especially true in the COVID-19 era as governments undertake fiscal and economic stimulus measures to […]<\/p>\n","protected":false},"author":35,"featured_media":0,"parent":0,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"","format":"standard","meta":{"_et_pb_use_builder":"","_et_pb_old_content":"","_et_gb_content_width":""},"portfolio":[60],"yoast_head":"\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\t\n