Unlocking a $25-30 Trillion Cumulative Increase to Global GDP + Transitioning to a Low Carbon Future through Sustainable Energy and Resource Management

Three Reports by Dr Michael H Smith (ANU) launched at the World Resources Forum – Asia Pacific 2015

Background

In 2014, and again in 2015, the OECD, IMF, and World Bank have published warnings that a slowdown in global economic productivity is threatening to usher in a new low-growth era. These 3 reports address this problem by showing how doubling energy and resource productivity by 2030 can

·         Simultaneously boost labour, capital and multi-factor productivity through improved rates of production, greater labour participation, quicker returns on capital expenditure, as well as reduced energy and resource input costs. 


·         And thereby achieve total productivity benefits up to 2.5 times greater than the simple productivity benefits from reduced energy and water input costs from energy/resource productivity investments. 

Utilising these insights, these reports show, for the first time, how a focus on energy and resource productivity could boost cumulative global GDP >US$25-30 Trillion by 2030compared to business as usual (BAU) whilst enabling a transition to a low carbon future. The implications of this result are signifi­cant for everything from achieving progress at the next UNFCCC Paris COP on Climate Change, to building support for the UN Draft Sustainable Development Goals, to business strategy and national productivity/policy debates.

Four Page Executive Summarydownloadable here

Report #1 – Smith, M (2015) Doubling Energy & Resource Productivity by 2030 - Unlocking a $25-30 Trillion Cumulative Increase to Global GDP Whilst Transitioning to a Low Carbon Future. ANU Discussion paper – downloadable here.

Report 1 is complimented by Report 2 - a “how to guide” for policy makers - and Report 3 - a guide for business leaders.

Report #2 – Smith, M (2015) Doubling Energy & Resource Productivity by 2030 – A “How to Guide” for Policy Decision Makers. ANU Discussion paper – downloadable here.

Report #3- Smith, M (2015) Doubling Energy & Resource Productivity by 2030 – Improving Business Competitiveness and Profitability Whilst Transitioning to a Low Carbon Future. ANU Discussion paper – downloadable here.

These reports build on from and compliment the UNEP International Resource Panel’s 2014 report on energy and resource productivity entitled “Decoupling 2: Technologies, Opportunities, and Policy” – downloadable here

And the UNEP (2013) report on Metal Recycling: Opportunities, Limits, Infrastructure, A Report of the Working Group on the Global Metal Flows to the International Resource Panel by Reuter, M. A.; Hudson, C.; van Schaik, A.; Heiskanen, K.; Meskers, C.; Hagelüken, C." available at http://www.unep.org/resourcepanel/Portals/24102/PDFs/Metal_Recycling_Full_Report.pdf