The authors examine the role of governance and vulnerability to climate change in green growth using a global panel dataset. They find that governance has a positive effect on environmental performance and vulnerability to climate change has a negative effect. Promoting good governance and reducing climate change vulnerability can thus contribute to a cleaner environment. They find qualitatively similar results for the sub-sample of high-income countries, but governance has an insignificant effect for the sub-samples of upper-middle-income, and lower-middle-and-low-income countries. High-income countries have strong environmental policies to protect the environment whereas other countries need to strengthen their relatively weak environmental policies. This suggests a need for substantial economic, technological and financial support from the international community for strengthening the environmental institutional capacity of developing countries.
governance vulnerability to climate change air quality PM2.5 green growth