For many years one of the predominant conventional wisdoms in both business and policymaking circles was that cutting greenhouse gas (GHG) emissions necessitates a sacrifice in economic growth.
For the past decade or so, there has been a lot of debate in policy circles on how to get governments and the private sector to work together more collaboratively in order to catalyse the transition to green growth. The good news is that in that time many factors have come together to make this more of a reality.
The meeting was held on 18 June 2015 in Chisinau, Moldova. The key objective was to discuss the progress made on the programme implementation and to agree the work plan for 2015-16.
Brazil has made remarkable social and economic progress in the past two decades, but must now overcome important challenges if it is to put its economy on a stronger, fairer, greener growth trajectory, according to two new reports from the OECD.
This project is unique in that it explores how national-level policies impact household behaviour. Topics include energy use, food consumption, personal transport choices, waste generation and recycling, and water consumption. Yet the project does not specifically discuss the term “ecological footprint,” and it retains a macro-policy focus, targeting governments interested in learning which policies to implement.
Tackling climate change will require action in three key areas. First, we must strengthen carbon pricing and remove fossil fuel subsidies. Second, we must remove barriers to green investment. And third, we must align policies across the economy to leave fossil fuels behind and improve transparency on climate finance.
The UN Conference on Climate Change (COP21) in Paris 30 November-11 December is a once-in-a-generation opportunity to reach a new international agreement to combat climate change and accelerate our transition to a low-carbon economy. The “carbon entanglement” of our economies is keeping us on a collision course with nature.
The IEA is pleased to announce the second event in its new distinguished speaker series, Big IdEAs, which brings global leaders and decision makers to the IEA to share their views on a range of global issues. On Friday 29 January starting at 11h30, Professor Sir David King, the UK Foreign Secretary’s Special Representative for Climate Change, will speak on "Towards decarbonising the global economy".
A dirty, rundown environment has quantifiable costs for the economy and the well-being of societies. For example, the welfare costs of air pollution from road transport alone are estimated to amount to around 1.7 trillion USD in OECD countries, 1.4 trillion USD in China and 0.5 trillion in India.
Water is linked to many economic activities, and there are complex channels through which water affects economic growth. The purpose of this report is to provide background information useful for a quantitative global assessment of the impact of water scarcity on growth using a multi-region, recursive-dynamic, Computable General Equilibrium (CGE) model.
This Global Forum, held on 24-25 October 2016, aimed to shed light on the links between environment and economic growth, and the toolkits to quantify these links. It provided a platform to explore how a well-managed natural environment can contribute to economic growth and how an effective and efficient regulatory system can best be designed?
Integrating measures to tackle climate change into regular economic policy will have a positive impact on economic growth over the medium and long term, according to a new OECD report prepared in the context of the German Presidency of the G20.
Air pollution in Delhi has been so bad this November that the Indian Medical Association declared a public health emergency. According to the latest Global Burden of Disease study published in The Lancet, outdoor air pollution caused more than a million premature deaths in India in 2016, whose cost, according to OECD estimates, amounts to more than USD 800 billion. Read the full blog.
This paper summarises efforts in two West African countries – Mauritania and Guinea-Bissau – to mobilise international finance to sustain the marine biodiversity upon which fisheries depend, and to establish conservation trust funds. The countries study draws on the 2017 OECD report The Political Economy of Biodiversity Policy Reform.
We are losing diversity of life on Earth at an alarming rate – one tenth of the world’s terrestrial biodiversity and one third of freshwater biodiversity has been wiped out since 1970. And we’re on course to lose another 10% of terrestrial species by 2050.
This paper reviews the existing literature on modelling the macroeconomic consequences of the transition to a circular economy. It provides insights into the current state of the art on modelling policies to improve resource efficiency and the transition to a circular economy by examining 24 modelling-based assessments of a circular economy transition.
Hungary has made progress in greening its economy and cutting emissions, but it needs to speed up efforts to replace fossil fuels with renewable energy sources, improve energy efficiency in buildings and promote sustainable transport, according to a new OECD Review.
The Czech economy is thriving, with robust employment, expanding exports and falling government debt. Efforts should now focus on boosting workforce skills and innovation to improve labour supply and productivity, further reduce poverty and inequality, and green the economy, according to two new OECD reports.
Public support for metal extraction and processing has received little attention relative to that for the agriculture, energy, or fisheries sectors. This report addresses this knowledge gap by mapping out the most common forms of support provided for primary metals (produced from mineral ores) and secondary metals (produced from scrap).
The transition towards a resource efficient and circular economy has linkages with international trade through the emergence of global value chains as well as trade in second-hand goods, end-of-life products, secondary materials and waste. This paper highlights the interaction of international trade and the circular economy in order to map out potential issues to address and to guide further research areas to explore on this topic.
OECD Deputy Secretary General, Mr. Masamichi Kono, and Shardul Agrawala, Head, Environment and Economy Integration Division, OECD Environment Directorate, presents the key findings of the forthcoming OECD report "Global Material Resources Outlook to 2060: Economic Drivers and Environmental Consequences".
This report investigates the effects of select climate policies, non-climate policies, as well as political economy factors on the decarbonisation of electricity in OECD countries from 2000 to 2015. Effects are analysed on the three phases of decarbonisation: (1) increasing the share of renewables installed, (2) increasing the use of renewables in generation, and (3) reducing the emissions from electricity.
At a time when nationalism is rising and individual countries are facing a growing array of threats, it is critical that we recognize a shared and unprecedented global challenge: We need to double our infrastructure in the next decade to meet global development needs, while achieving a systematic shift away from business-as-usual, carbon-intensive options to low-emissions, resilient infrastructure, to avoid catastrophic climate change.
An update of the OECD database on transboundary movements of wastes is now available for download. Since 1992, transboundary movements of recyclable wastes between OECD countries are regulated by the Council Decision C(2001)107, which was established by the OECD Council, and designed as an agreement under Article 11 of the Basel Convention.
The Latvian economy is thriving, with strong job growth driving convergence with more advanced economies. Efforts should now focus on reducing inequality, responding to the challenges posed by population ageing and making growth stronger, inclusive and greener, according to two new OECD reports.
Climate change and outdoor air pollution are two of the most challenging environmental issues that modern society faces. This paper presents the first global analysis of the joint economic consequences of climate change and outdoor air pollution to 2060, in the absence of new policies to address these challenges.
Policy instruments can be applied to improve the sustainability of plastics, including regulations, market-based instruments, information and voluntary tools. The report reviews the use of these instruments, provides good practice examples, such as product taxes and charges, eco-design standards, extended producer responsibility and environmental product labels, as well as discussing opportunities for their future applications.
The challenges we face in our era of rapid, disruptive change are daunting, but we are starting to develop the tools, techniques and concepts to meet them, OECD Secretary-General Angel Gurría said.
Inside our contemporary moments, outside camping turns into a growing number of popular, especially amid the young folks. Journey slumber sack, tenting tent coupled with various...
"The success of green growth will depend on whether it is a shared global agenda. Many developing countries are not yet fully equipped to introduce new ‘greener’ policies and tap into the benefits of a green future", declared Mr Gurría at the Global Green Growth Summit.
The Regional Growth Core Schönefelder Kreuz and the Technical University of Applied Sciences Wildau in partnership with the OECD Local Economic and Employment Development Programme (LEED) are working on defining and collecting measurable indicators at the regional/ local level that can inform over time of transition to low-carbon economic and industrial activities.
Information on and background documents for the Green Growth African Regional Workshops, 15-18 January 2013. The workshops presented conceptual issues and policy tool kits on implementing green growth policy measures and strategic environmental assessments.
In his speech to OECD Ambassadors, the President of Iceland discussed how Iceland could offer lessons on the nature of a clean energy economy; and presented some insights from Iceland's recent challenges in dealing with the financial crisis.
As Mexico seeks to boost economic growth, pressures on its natural resources and environmental outcomes may intensify, jeopardizing the sustainability of that growth and the well-being of the population.
This paper discusses the results of the 2011-2012 OECD LEED study of measuring green growth in the Benelux countries (Belgium, The Netherlands and Luxembourg). The study paid particular attention to the challenges of measuring the transition to a low-carbon economy in cross-border areas as they have additional levels of complexity when it comes to measuring and monitoring their low-carbon transition.
Environmental goods and services are now a bigger driver of Austria’s economy and job market than traditionally strong sectors like tourism and construction, thanks to the government’s policy of subsidising green investments, a new OECD report shows.
This LEED project aims to to define key indicators of area-based transition to a low-carbon economy. The objective is to define measurable indicators at regional/local level that can inform over time of transition to low-carbon economic and industrial activities.
The last decade has seen considerable policy attention to the social economy and its contribution to employment, in particular as regards the inclusion and empowerment of vulnerable workers and the provision of appropriate working conditions.
OECD Secretary-General, Mr. Angel Gurría, gives his views in this blog from the World Economic Forum in Davos on the huge risk that carbon dioxide emissions pose to the economy and the environment.
Natural resources provide essential raw materials and other commodities, and are an important source of income and jobs. They also support the provision of ecosystem services necessary to develop human and social capital.
The OECD’s latest Environmental Performance Review of Spain finds the country has decreased the energy and carbon intensity of its economy, reduced industrial pollution and cut per-capita waste generation since 2000.
Poland has combined robust economic growth with reducing some of the pressures on its environment since it joined the EU in 2004. It has also brought environmental laws closer to European norms. Poland now needs to lessen its economy’s reliance on fossil fuels and make growth greener, according to a new OECD report.
“Neither economists nor market participants, nor indeed governments foresaw a financial crisis of the type and magnitude we have now. The collapse of trust and subsequent credit freeze in the wake of the Lehman Brothers collapse was a shock.”
For many years one of the predominant conventional wisdoms in both business and policymaking circles was that cutting greenhouse gas (GHG) emissions necessitates a sacrifice in economic growth.
For the past decade or so, there has been a lot of debate in policy circles on how to get governments and the private sector to work together more collaboratively in order to catalyse the transition to green growth. The good news is that in that time many factors have come together to make this more of a reality.
The 2011 Green Growth Strategy provided initial guidance to governments on how to achieve economic growth and development, while preventing costly environmental damage and inefficient resource use. What progress have countries made in aligning economic and environmental priorities since 2011?
This major report produced in co-operation with the International Energy Agency (IEA), the International Transport Forum (ITF) and the Nuclear Energy Agency (NEA) identifies the misalignments between climate change objectives and policy and regulatory frameworks across a range of policy domains (investment, taxation, innovation and skills, trade, and adaptation) and activities at the heart of climate policy.
Addressing climate change requires urgent policy action to drive a global infrastructure and technological transformation. The latest report 'Aligning Policies for a Low-carbon Economy' presents the first diagnosis of the alignments of policy and regulatory frameworks with climate policy goals. Join the Green Growth Knowledge Platform (GGKP) for a webinar exploring these issues on 5 October 2015, 15:00-16:30 (Paris time).