cli

Blog: Carbon prices are still far too low to prevent climate change

Pricing carbon is one of the surest policy means we know for curbing greenhouse gas emissions and meeting the targets of the Paris Climate Agreement agreed in 2015. Has there been any progress with its implementation since then? Not enough, is the verdict of some of the world’s leading experts.




cli

Governments should make better use of energy taxation to address climate change

Taxes are effective at cutting harmful emissions from energy use, but governments could make better use of them. Greater reliance on energy taxation is needed to strengthen efforts to tackle the principal source of both greenhouse gas emissions and air pollution, according to a new OECD report.




cli

Few countries are pricing carbon high enough to meet climate targets

Governments need to raise carbon prices much faster if they are to meet their commitments on cutting emissions and slowing the pace of climate change under the Paris Agreement, according to a new OECD report.




cli

Reforms in a few countries drive a decline in average OECD labour taxes

Income tax and social security contributions declined slightly for the average worker across the OECD in 2018, driven by major reforms in a handful of countries, according to a new OECD report.




cli

Myanmar pledges further investment climate reforms; welcomes OECD efforts to promote responsible investment

Deputy Minister of National Planning and Economic Development, Dr. Khin San Yee, presented her country’s ambitious efforts to improve the investment climate at meetings of the OECD Investment Committee and Advisory Group on Investment and Development from 15-17 October 2013 in Paris.




cli

Jordan signs OECD agreement to strengthen investment climate

Jordan has become the 46th country to adhere to the OECD Declaration on International Investment and Multinational Enterprises. This adherence bears witness to the determination that Jordan holds towards strengthening the liberalisation of investment, increasing its integration into the world economy and promoting responsible business conduct.




cli

Climate change disclosure in G20 countries: Stocktaking of corporate reporting schemes

This report on climate change disclosure in G20 countries takes stock of mandatory climate change reporting schemes in G20 countries and identifies commonalities and divergences between the various schemes.




cli

Climate disclosure: knowledge powers change

Everybody is interested in the impacts of what companies are doing and the environmental practices and impacts of doing business are coming under increasing scrutiny. OECD Secretary-General Angel Gurría looks at how both governments and investors are ready to scale up climate disclosure and the use of climate information.




cli

Ukraine signs OECD agreement to strengthen investment climate

27/03/2017 - Ukraine has become the 47th country to adhere to the OECD Declaration on International Investment and Multinational Enterprises. The Declaration commits Ukraine to provide an open and transparent environment for international investment and to encourage the positive contribution foreign investment can make to economic and social progress.




cli

Taking action on climate change will boost economic growth

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.




cli

Small business access to alternative finance increasing as new bank lending declines

Small and medium-sized enterprises (SMEs) are increasingly turning to alternative sources of financing, while new bank lending is declining in a number of countries. Many SMEs remain over-reliant on bank credit, however, and the take-up of instruments other than straight debt varies greatly from one country to another, according to a new OECD report.




cli

OECD urges countries to harmonise clinical trial regulations to boost medical research and save lives

Increasingly complex and inconsistent clinical trial regulations are causing delays, raising costs and leading to a decline in the number of international trials conducted by academics for non-commerical purposes.




cli

Fossil fuel support is rising again in a threat to climate change efforts

Fossil-fuel subsidies are environmentally harmful, costly, and distortive. After a 3 years downward trend between 2013 and 2016, government support for fossil fuel production and use has risen again, in a threat to efforts to curb greenhouse gas emissions and air pollution, and the transition to cleaner and cheaper energy.




cli

Towards green investment policy framework: The Case of Low-Carbon, Climate-Resilient Infrastructure - Environment Working Paper No. 48

This report advances a “green investment policy framework” taking infrastructure investment as a starting point and looking only at climate change mitigation and adaptation. It highlights the significant opportunities and many challenges that exist today in both developed and developing countries to transition to low-carbon, climate-resilient (LCR) development through investment in both renovated and in new infrastructure.




cli

Mobilising Investment in Low-Carbon, Climate Resilient Infrastructure - Environment Working Paper No. 46

This paper addresses several broad issues for governments aiming to encourage private sector investment in low-carbon climate resilient (LCR) infrastructure, in both developed and developing world contexts.




cli

Climate financing momentum builds

Public and private finance mobilised by developed countries for climate action in developing countries reached USD 62 billion in 2014, up from USD 52 billion in 2013 and making an average of USD 57 billion annually over the 2013-14 period, according to a new OECD study in collaboration with Climate Policy Initiative (CPI).




cli

Building resilience to climate change risks at the level of cities and SMEs

29 October 2015, Paris - Resilient cities and SMEs are critical to reducing the economic disruption from climate-related disaster events. In the run up to COP21, these remarks by Adrian Blundell-Wignall at the AXA-UNEP-PSI Conference on Climate Resilience address the importance of building resilience to climate change risks at the level of cities and SMEs.




cli

Special session on climate change and the insurance sector

This event explored the potential contribution of the (re)insurance sector to climate change mitigation and adaptation, including: the role of the insurance sector in a climate change agreement; managing the financial risks of extreme events in a changing climate; investing in the transition to a low-carbon economy; and the role of regulators in addressing climate change risks.




cli

COP21 session: Governance of institutional investments and climate change

This OECD-UNEP COP21 session will explore whether the governance of institutional investments, including in particular any applicable fiduciary standards, adequately considers climate change-related risks and green finance opportunities, and whether guidelines may be needed in this area to support investment decision-making.




cli

Finance and climate: The transition to a low-carbon and climate-resilient economy from a financial sector perspective

Climate change is a major political and economic challenge. This paper sketches out its relevance for the financial sector. Necessary low-carbon investments imply a significant yet manageable financing gap. Beyond capital mobilisation that has attracted most attention until now, the main challenge is ensuring a transition-consistent capital reallocation.




cli

Financial instruments for managing disaster risks related to climate change

This article addresses the potential implications of climate change for the financial management of disaster risks. It outlines the contribution of insurance to reducing the economic disruption of disaster events and policy approaches to supporting the penetration of disaster insurance coverage and the capacity of insurance markets to absorb disaster risks.




cli

Small business access to alternative finance increasing as new bank lending declines

Small and medium-sized enterprises (SMEs) are increasingly turning to alternative sources of financing, while new bank lending is declining in a number of countries. Many SMEs remain over-reliant on bank credit, however, and the take-up of instruments other than straight debt varies greatly from one country to another, according to a new OECD report.




cli

OECD, UN Environment and World Bank call for a radical shift in financing for a low-carbon, climate-resilient future

The OECD, UN Environment and World Bank Group today called on leaders of G20 countries to do more to enable a radical shift of investment into low-carbon, climate-resilient infrastructure as a way to limit the impact of climate change.




cli

Towards green growth in Denmark: improving energy and climate change policies

Denmark’s green growth strategy focuses on moving the energy system away from fossil fuels and investing in green technologies, while limiting greenhouse gas (GHG) emissions.




cli

Climate change policies in Germany: make ambition pay

Germany reduced greenhouse gas emissions substantially but remains an important emitter. Ambitious targets for climate change mitigation have been fixed and a broad range of environmental measures are being implemented.




cli

The declining competitiveness of French firms reflects a generalised supply-side problem

This short paper analyses the decline of France’s trade balance over the past 15 years. While the loss in export market shares is comparable to that of the major OECD countries except Germany, it is one of the largest among the countries of the euro area.




cli

Countries should make carbon pricing the cornerstone of climate policy, says OECD

Credible and consistent carbon pricing must be the cornerstone of government actions to tackle climate change, according to a new OECD report.




cli

Consequences of climate change damages for economic growth – a dynamic quantitative assessment

This report focuses on the effects of climate change impacts on economic growth. The analysis finds that the effect of climate change impacts on annual global GDP is projected to increase over time, leading to a global GDP loss of 0.7% to 2.5% by 2060 for the most likely equilibrium climate sensitivity range.




cli

Consequences of climate change damages for economic growth – a dynamic quantitative assessment

This report focuses on the effects of climate change impacts on economic growth. The analysis finds that the effect of climate change impacts on annual global GDP is projected to increase over time, leading to a global GDP loss of 0.7% to 2.5% by 2060 for the most likely equilibrium climate sensitivity range.




cli

Factors behind the decline in real long-term government bond yields

This paper describes developments in real long-term interest rates in the main OECD economies and surveys their various determinants. Real long-term government bond yields declined from the 1980s to very low levels in the recent period, though they have not reached the historical lows of the 1970s.




cli

Composite Leading Indicators (CLI), OECD, December 2016

Growth momentum picking-up in several advanced economies and strengthening in major emerging economies




cli

Composite Leading Indicators (CLI), OECD, January 2017

Stronger signals of growth momentum picking-up in several major OECD economies




cli

The business climate has improved in Indonesia, but this is no time for complacency

The government has put a heavy emphasis on improving the business climate, thereby promoting a competitive, innovative and dynamic private business sector.




cli

Composite Leading Indicators (CLI), OECD, February 2017

Composite leading indicators continue to point to growth gaining momentum in several advanced economies




cli

Composite Leading Indicators (CLI), OECD, April 2017

Stable growth momentum in the OECD area




cli

Composite Leading Indicators (CLI), OECD, May 2017

Composite leading indicators point to stable growth momentum in the OECD area going forward




cli

Taking action on climate change will boost economic growth

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.




cli

Composite Leading Indicators (CLI), OECD, June 2017

Composite leading indicators continue to point to stable growth momentum in the OECD area




cli

Composite Leading Indicators (CLI), OECD, July 2017

Composite leading indicators continue to point to stable pace of expansion in the OECD area




cli

Composite Leading Indicators (CLI), OECD, August 2017

Stable growth momentum in the OECD area




cli

Composite Leading Indicators (CLI), OECD, September 2017

Composite leading indicators continue to point to stable growth momentum in the OECD area




cli

Composite Leading Indicators (CLI), OECD, October 2017

OECD CLIs point to stable growth momentum in the OECD area




cli

Composite Leading Indicators (CLI), OECD, November 2017

OECD CLIs continue to point to stable growth momentum




cli

Composite Leading Indicators (CLI), OECD, December 2017

Stable growth momentum going forward in the OECD area




cli

Composite Leading Indicators (CLI), OECD, January 2018

Composite leading indicators continue to point to stable growth momentum in the OECD area




cli

Composite Leading Indicators (CLI), OECD, February 2018

Stable growth momentum in the OECD area




cli

Composite Leading Indicators (CLI), OECD, April 2018

OECD CLIs point to stable growth momentum in the OECD area




cli

Composite Leading Indicators (CLI), OECD, May 2018

OECD CLIs continue to point to stable growth momentum in the OECD area




cli

Composite Leading Indicators (CLI), OECD, June 2018

Stable growth momentum in the OECD area




cli

Composite Leading Indicators (CLI), OECD, July 2018

Stable growth momentum in the OECD area