In order to remain the “go to” organization for policy and market innovation, Sustainable Prosperity conducts research and development into emerging issues. In particular, we focus on market-based instruments, conducting original research in areas where we can make a unique contribution.

Top Policy Research Priorities
  • Effectiveness and Limits of Market-based Instruments (MBIs)
  • Greening Canada’s Economy: Specific Policy Opportunities
  • Emerging Environmental Pricing Reform (EPR) Issues
  • Developing New Environment/Economy Indices & Greening the GDP
  • Innovation, Productivity, and Fiscal Sustainability:

OECD Reports on Green Growth

Towards Green Growth, Towards Green Growth - Monitoring Progress: OECD Indicators and Tools for Delivering on Green Growth were launched on 25 May at a public session of the OECD Ministerial Council Meeting.

  • Towards Green Growth provides a practical framework for governments in developed and developing countries to boost economic growth and protect the environment.
  • Manitoba Consultation on Cap and Trade

    Climate change presents a unique challenge for decision-makers: it is the greatest and widest- ranging market failure ever seen. At the same time, it presents a unique opportunity: the core policy response to this market failure, carbon pricing, also generates a new stream of revenue to government and supports the shift to a low-carbon economy, critical for success in an increasingly carbon-constrained future.

    Distributional incidence of climate change policy in Canada

    Significantly reducing Canada's energy-related greenhouse gas emissions will likely require aggressive policies to encourage energy efficiency, low carbon secondary energy generation (from renewables, nuclear, or fossil with carbon capture), and/or fuel switching. There is much support amongst academics, as well as considerable momentum in the policy process, towards market-based approaches to implementing these policies, which involve directly or indirectly imposing a price on carbon emissions.

    Universal Ownership: Why environmental externalities matter to institutional investors

    A great deal of this environmental damage is caused by the way we do business. If we are to create a truly sustainable global economy, then we must change our economic models so that business can become part of the solution, not part of the problem. An increasing number of investors have begun to factor environmental, social and governance issues into their decision-making. This report helps investors measure the unaccounted costs of business activities by putting a price on natural resources that power business but rarely show up on corporate balance sheets.

    Implementing Strategically Sustainable Policies for Canada?

    The development and release for consultation of the draft ‘Planning for a Sustainable Future: A Federal Sustainable Development Strategy for Canada’ is a positive step by the federal government, and is very much appreciated. As we prepare to take on the challenge of ensuring that our economy and society can be developed in a way that is environmentally sound, the government of Canada is to be congratulated for willingness to engage Canadians on these matters.

    Building A Green Economic Stimulus Package for Canada

    Many Canadian policy-makers, politicians, and economists are intensely focused on developing credible, effective, and appropriate ways to protect and revitalize the Canadian economy. And environmentalists are encouraging policy-makers to recognize the current crisis as an opportunity to shift the economy on to more sustainable footing. Given the abundance of different positions, measures, and arguments in the debates surrounding potential economic stimulus instruments, there is a clear need for a consistent, logical framework to analyze and evaluate different approaches.


    Economy-Wide and Emerging Issues

    Economy-Wide and Emerging Issues

    About the Project

    The goal of this project is to shed light on the relationship between economic activity and the environment by exploring the linkages between changes in our natural capital and our measures of productivity generally, and through the construction of an environmentally adjusted measure of productivity specifically.

    While it is now commonly accepted that economic activity and the state of our environment are linked, many economic measures still fail to incorporate the environment – both the things we draw from it and the pollution we release into it. By developing and calculating measures of productivity that include natural capital, Canada may be able to better understand these linkages. This, in turn, may lead to the identification of strategies that can help Canada become more efficient and innovative in the use and protection of natural capital, and thus more productive and more prosperous.

    Using the forestry sector as a case study, this project aims to construct an environmentally adjusted measure of multifactor productivity. In doing so, we aim to add another layer of understanding to the environmental and economic performance of this sector. The proposed measure will have relevance to the Canadian economy as a whole.