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After eight years, Macro Polo has ceased operations as the Paulson Institute will focus its independent research on supporting its programs as it continues to diversify its scope.

We appreciate the community that has grown around Macro Polo and the fruitful engagement we’ve had with our legion of smart and sharp audience. You’ve pushed us to deliver even more original work and innovative products. Our body of work speaks for itself, and we hope it will have a long shelf life – that was the intent from MP’s inception.

MP’s website is now archived and no new work will be published henceforth on this site. Please visit www.paulsoninstitute.org for future research and policy work on a range of global issues.

Thank you all for the support over the years, it has been a privilege to have had a home at the Paulson Institute and to have built it the way we did.

- Team Macro Polo

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Rethinking China’s Low-Carbon Strategy

Zhang argues that, for China to improve its low-carbon development efforts, it needs to rethink its underlying strategy, or rather the lack of one.

Central elements of her proposed approach include less reliance on administrative means and greater reliance on market incentives; more openness; more attention to innovation; and an enhanced role for actors beyond the Chinese state. She also proposes a re-think of the low-carbon-related dimensions of China’s national urbanization strategy. Ultimately, Zhang argues that gaps exist between what China has managed to achieve under the present system and what the world expects China to achieve, not to mention what China must achieve in order to rise to its self-imposed goal of achieving technological leapfrogging. Her paper offers a comprehensive look at this issue in the Chinese context.


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