PublicDisclosureAuthorizedPolicyResearchWorkingPaper10696PublicDisclosureAuthorizedTurningRisksintoRewardPublicDisclosureAuthorizedDiversifyingtheGlobalValueChainsofDecarbonizationTechnologiesSamuelRosenowPennyMealyPublicDisclosureAuthorizedInternationalFinanceCorporationFebruary2024PolicyResearchWorkingPaper10696Abstractendowments.Tothatend,itconstructsanewdatasetoftradedproducts,components,andmaterialsassociatedReachingnet-zeroemissionsby2050requiresunprec-withdecarbonizationtechnologies;developsnewindexesedentedscalingupintheglobaldeploymentofcriticalcapturingcountries’currentexportstrengthsandfuturedecarbonizationtechnologies,suchassolarphotovoltaics,diversificationpotentialintheseglobalvaluechains;andwindturbines,andelectricvehicles.Thischallengeiscur-highlightsproductswithsupplyrisksduetohighmarketrentlyrifewithbothrisksandrewards:whilesecuringanconcentrationlevelsandthosewithdevelopmentrewardsadequatesupplyofthesetechnologieshasbecomeanurgentintermsoftheirpotentialforgrowth,knowledgespillovers,policypriorityformanycountries,theirhigh-growthglobalandtechnologicalupgrading.Takentogether,theevidencevaluechainsalsoofferlucrativebenefitsforthoseabletosupportstheideathatthereisplentyofopportunitytomeettheburgeoningglobaldemand.Althoughrecentdiversifythesevaluechainsacrossalargernumberofcoun-policyresponsesh...
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