Sustainable Decarbonisation strategy’s for Industrial Policy
Introduction The industrial sector is a key driver of economic growth and development in low-income countries. It creates jobs, generates income, and contributes to exports. However, many low-income countries face challenges in developing their industrial sectors, including limited access to finance, technology, and infrastructure. One way to address these challenges is through industrial policy. Industrial policy refers to the government's use of policies and interventions to promote the development of specific industries or sectors. This can be done through a variety of means, such as providing financial incentives, investing in infrastructure, and creating regulations that support industrial development. Demand Driven Approach One key element of industrial policy for low-income countries is a demand-driven approach. This means that the government should focus on promoting industries that have the potential to generate demand both domestically and internationally. Thi...