A long-range policy gives predictability to investors in low-carbon technology, it says; such investment, in turn, spurs innovation and the creation of green-tech industries.
And the U.S. committed itself to taking full account of the spillover effect on the international financial markets and to improving policy transparency and predictability when normalizing its monetary policy. . 2. Will China and the U.S. be able to signal that they will lead efforts to reform global governance?
"Investors want predictability of policy, they want to see government support.
Local firms wallow in cash, hungry for a chance to invest, but they need predictability about policy and decision-making.
Generally, trade policies exclude provision for predictability and accountability as transparency measures and facilitates trade consensus that enhance market access, reduce trading costs, and promote cooperation.
"The effectiveness, stability, and predictability of American policy making and political institutions have weakened at a time of ongoing fiscal and economic challenges," it said.
Above all else, the business community needs policy and regulatory stability and predictability, so that it can make the long-term investment decisions that are a precondition for the shift to a more resource-efficient business model.
Standard & Poor's said the downgrade was based more on the view that the effectiveness, stability and predictability of American policy making had eroded during the rancorous debate over lifting the debt ceiling.
Given industry's desire for predictability in carbon policy, perhaps the most important lesson the Obama administration can learn from the Union's experience is that a cap-and-trade system cannot be as volatile as Europe's has been.
Predictability of future policy is vital for these large, would-be green investors.To turn private capital into green projects in the poor world, the group floated the idea of government-guaranteed bonds for climate-related investment, as well as more direct public support for specific green funds, in the form of loss-sharing agreements and debt guarantees.
