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.

Public climate finance from developed to developing countries totalled USD 56.7 billion in 2017, up 17% from USD 48.5 billion in 2016, according to new data compiled by the OECD.

2-15 December 2018, Katowice, Poland - The key objective of this year’s event was to finalise the "Paris Rulebook". Find out about the full OECD participation through a series of side events, publications, and by taking part in a number of workshops, seminars and other events throughout the conference.

Meeting the temperature goals of the Paris Agreement requires a transformational change in our infrastructure systems. This working paper aims to shed light on the extent to which current electricity generation projects under construction at the global level - the "pipeline" - are consistent with what a low-carbon transition requires.

A co-ordinated policy response is needed to ensure that new and existing infrastructure networks are resilient to climate change. This Policy Paper outlines a framework for achieving this based on the experiences in OECD and G20 countries. It shows how governments and businesses can collaborate to mobilise investment for climate-resilient infrastructure.

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.

This event focused on the implication of COP24 outcomes and the implementation of the Rulebook, as well as on upcoming work on unresolved issues such as Article 6. Discussions covered Common Tabular Format (CTF) for climate finance and tracking progress towards the mitigation targets and updating and implementing NDCs, with a particular attention to the power sector and carbon markets.

This paper shows how women and men may use infrastructure differently according to their needs, social roles or preferences; and provides a framework to help countries align their infrastructure policies and projects with other societal and environmental goals, including supporting gender equality.

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.

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.

On 3rd July 2019, in his fourth biennial climate change lecture, OECD Secretary-General, Angel Gurría focused on how countries can overcome the numerous political, economic and social barriers to achieve the rapid reductions in greenhouse gas emissions needed to safeguard our common future. Follow this link to watch the full lecture and the press release.

OECD Secretary-General Angel Gurría today said governments must face up to mounting anger, particularly among youth, on climate inaction.

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.

Climate finance provided and mobilised by developed countries for climate action in developing countries reached USD 71.2 billion in 2017, up from USD 58.6 billion in 2016, according to new estimates from the OECD.

This paper focuses on how national and sub-national governments can align subnational financial flows to transition towards low-carbon, resilient and inclusive cities. The paper is a contribution from the OECD Champion Mayors for Inclusive Growth initiative and to the OECD Programme on Subnational Finance and Investment.

The OECD will be actively participating in the UN Climate Action Summit on the theme "A Race We Can Win. A Race We Must Win" through an official high-level side event and by taking part in a number of workshops, seminars and other events throughout the summit, and NYC Climate Week during 23-29 September 2019.

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National development banks (NDBs) and development finance institutions are poised to play a role in bridging the investment gap for climate-compatible infrastructure in developing countries. This paper highlights the role of NDBs drawing from case studies of the Brazilian Banco Nacional de Desenvolvimento Econômico e Social and the Development Bank of Southern Africa.

Developing countries are at the forefront of the ongoing battle to address climate change. Roughly 60% of the new infrastructure built before 2030 will be in the developing world, and it is these investment decisions that will determine our collective ability to address the climate emergency.

Donor countries must do more to bring development finance in line with climate goals, raising the share used for climate action and reducing to zero the amount that supports new fossil fuel activities, according to a new OECD report.

The OECD will be actively contributing to this important event through a series of side events, publications, and by taking part in a number of workshops, seminars and other events throughout the conference. Find out about the full details of OECD schedule of events.

This paper presents the results of an ex post evaluation of the impacts of a vehicle tax reform in Ireland, by carrying out a full social cost benefit analysis of a vehicle tax reform and shows that whilst successful in improving the fuel economy of new passenger cars, it may have caused unintended effects (increased proliferation of diesel vehicles in the passenger car fleet).

Organised in collaboration with PLACARD, the European research platform on Climate Change Adaptation and Disaster Risk Reduction, this conference will bring together climate change adaptation and wildfire experts from governments and public agencies to discuss recent insights into wildfire risks as well as the extent to which policies have been able to address emerging challenges.

"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.

Global Forum on the Knowledge Economy: Towards Strong, Clean and Inclusive Growth

Mexico is faced with difficult trade-offs as it pursues its economic, social and environmental goals. Like other emerging economies Mexico is balancing the need to protect its natural resources with the need to address high levels of income inequality and poverty.

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.

The European Union may be facing some difficult economic challenges, but that's no excuse for not acting now to create an economy based on resource efficiency and low-carbon development. The benefits are potentially enormous, including lower greenhouse gas emissions, more efficient use of energy and resources and rising growth and innovation.

This working paper reflects on green growth policy in Ethiopia – it explores green growth already in action – a range of on-the-ground activities which point to scale-up options for the future.

Health is both a precondition for, and an outcome of, sustainable development. Climate change affects health through a myriad of exposure pathways, each presenting simultaneously both challenges and opportunities for sustainable health and development.

Following the delivery of the Strategy in May 2011, green growth will be mainstreamed in OECD analytical work to enrich guidance on a number of country, sector and issue-specific areas. This will involve integrating green growth considerations in Economic Surveys, Environmental Performance Reviews and Innovation Reviews.

This workshop expanded the G20 Development Working Group’s (DWG) dialogue with representatives from developing countries on the lessons learned from their own experiences in designing and implementing inclusive green growth strategies.

Key questions for development planning today in countries include: Can developing countries strike a balance between economic growth, societal well-being and environmental protection? Can inclusive, green growth be a way forward? This report presents a case study on Cambodia designed to answer these questions.

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

Governments need to put together the optimal policy mix to eliminate emissions from fossil fuels in the second half of the century. Cherry-picking a few easy measures will not do the trick. There has to be progress on every front, notably with respect to carbon pricing, and that is what peer review and learning from best practice should help achieve, said OECD Secretary-General.

The OECD’s 34 member countries today affirmed their common resolve to work towards a deal on combating climate change at the COP21 talks in Paris in 2015. OECD accession countries Colombia and Latvia joined the statement issued at the Organisation’s annual Ministerial Council Meeting, attended by finance, economy, trade and other ministers.

Twenty years ago climate change was viewed as just an environmental issue. Today it is squarely an economic issue. Climate change poses significant risks to our economic systems that could result in very large damages. To mitigate these risks we need to radically transform our economies and societies to stop global warming.

Climate policy and competitiveness issues have created a new need for international co-ordination, beyond the scope of our current frameworks. There is no need to trade economic growth for environmental stringency. Environmentally stringent policies are an incentive for greater efficiencies which leading edge companies can easily achieve.

A transition to a low carbon economy is achievable, but will require a concerted, more consistent effort across a range of policy areas, from tradeable permits to stringent norms.

In his remarks to the Business & Climate Summit, the Secretary-General said that business lies at the heart of what we need to achieve on climate action. If Governments produce clear, credible and coherent national policies and clear messages and signals, the full transformative power of business, markets and human ingenuity will be unleashed.

“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.”

The OECD’s Annual Meeting at Ministerial Level reinforced member governments’ support across a broad range of key OECD work.

Mainstreaming greening in employment and skills strategies requires a strong partnerships between public, private and not-for-profit organisations in order to maximise innovation and to manage smoothly labour market transitions from brown to green energy and employment. In this timely report, CEDEFOP and the OECD provide evidence and policy analysis to foster an equitable shift to greener economies and more sustainable societies.

Advanced and emerging economies have made progress in addressing climate change, yet most are on a trajectory that would see them fall short of their mitigation goals. Governments need to significantly accelerate their efforts and strengthen their climate change policies.

Average global temperature could rise by 3-6 degrees Celsius by 2100 if we don’t act. To keep the rise to 2 degrees Celsius, we need to have net zero emissions by the end of the century. Emissions would need to peak by 2030 to give us a fighting chance of achieving this.

OECD urges efforts to better price carbon as new analysis finds that 90% of CO2-emissions are priced below EUR 30 per tonne, a low-end estimate of climate damage, and 60% are not priced at all. Effective Carbon Rates in the OECD and Selected Partner Economies calculates effective carbon rates (ECR) on CO2-emissions from energy use for 41 countries which together use 80% of global emissions.

The Paris Agreement is an unprecedented achievement in the fight against climate change. A record number of countries came together, first in the French capital for the COP21 conference in November-December 2015 and then formally to sign the agreement at the UN on 22 April 2016, to ensure that future generations enjoy a stable, healthy and habitable world.

From the early 2000s, sustainability has emerged as a central policy-making consideration as climate change and population growth have heightened concerns about already-stretched natural resources.

Join the Green Growth Knowledge Platform (GGKP) for a webinar on 25 May 2016, 9:00-10:40am (CST, Costa Rica time) to explore issues affecting the LAC region, including: inclusive green growth, implementation of clean, efficient, resilient and socially inclusive innovations. Please note that the webinar will be held in Spanish.

The Paris Agreement is a landmark in collective efforts on climate change and is the result of many years’ hard work. It must now be implemented.