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.

10-12 July 2018 - Within the margins of the meeting of the Subsidiary Body on Implementation under the Convention on Biological Diversity, the Forum examined the opportunities and challenges with regard to biodiversity mainstreaming in national economic and development policy and across different sectors (e.g., agriculture, forestry, fisheries, energy and mining).

This summer, we witnessed record-breaking heat and extreme weather events across the globe. To address the urgent climate challenge, and meet our broader development goals, trillions of dollars need to be invested in low-emissions and resilient infrastructure.

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.

Emissions curbs set by the European Union’s Emissions Trading System, Europe’s main tool for reducing carbon emissions, have not hurt revenue, profits or employment at firms subject to the cap-and-trade programme over 2005-2014, according to a new OECD report.

Australia has made some progress replacing coal with natural gas and renewables in electricity generation yet remains one of the most carbon-intensive OECD countries and one of the few where greenhouse gas emissions (excluding land use and forestry) have risen in the past decade. The country will fall short of its 2030 emissions target without a major effort to move to a low-carbon model, according to a new OECD report.

The purpose of this study is to investigate the effect of congestion pricing on the demand for clean transport modes. It draws on an empirical analysis of the effect of Milan’s congestion charge on the use of bike sharing. The analysis indicates that congestion pricing increases daily bike-sharing use by at least 5% in the short term.

Turkey will see its greenhouse gas emissions continue their steady rise of recent years without concrete actions to improve energy efficiency and increase the use of renewable energy sources, according to a new OECD report.

On 19 April, 2019, the OECD held a workshop on mining and green growth in the Eastern Europe, Caucasus, and Central Asia (EECCA) region. The workshop is part of a larger project on mining and environmental sustainability in the EECCA region, following the production of a background paper on the same topic.

At their Summit in Osaka this weekend, G20 leaders agreed on a range of priorities for which analysis and support from the OECD and other international organisations are playing a crucial role.

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 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.

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.

Is this the beginning of a paradigm shift in the financial system towards environmentally sustainable finance? And if not, what can we do to accelerate this shift? The OECD stands ready to support efforts to build political leadership and address outstanding barriers to sustainable finance.

The costs and consequences of inaction would be colossal, in economic, environmental and human terms. The truth is that changing our model of growth and making it greener and more inclusive is the only credible strategy that we have.

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.

Putting “Green” at the core of a country’s “Growth” strategy is intelligent public policy at its best! Korea understands that there is no trade-off between green and growth. Much to the contrary: there are strong synergies that can be exploited between pro-growth and pro-green policies.

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.

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.

Carbon taxes and emission trading systems are the most cost-effective means of reducing CO2 emissions, and should be at the centre of government efforts to tackle climate change,according to a new OECD study.

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.

The Ministerial Green Growth Group (GGG) is an informal grouping of like-minded energy, environment and climate Ministers from across 13 EU member states who have come together to work towards a pro-growth and pro-climate EU agenda. The group meets regularly to discuss and co-ordinate positions on EU low carbon matters and to promote, with businesses and investors, an ambitious EU decarbonisation growth agenda.

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.

The policy forum officially launches the conceptual framework to the public and offers an opportunity for participants to discuss the key issues for emerging Asia: housing, buildings and energy, land use and transport, water and waste management, green goods and services.

The G20 needs to go structural, social, and green! With fiscal and monetary policy room nearly exhausted, structural reforms are the best choices, sometimes the only choice. The OECD battle cry in this regard has been unchanged since 2008: “go structural!”.

Ever plodded through flood waters to get to a conference? In late January, the Green Growth Knowledge Platform (GGKP) held their 3rd annual conference in Venice, Italy. The flooded city reminded attendees about the real world changes that are occurring and the need for continued action towards going green.

Knowledge sharing is critical in fostering urban green growth. Cities in dynamic Asia urgently need to adopt and strengthen green growth models that take into account rapid urbanisation, industrialisation, and motorisation.

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.

Despite its importance, regular measurement of the value of natural resources at national level is still in its infancy and often disconnected from valuation approaches for other assets.

“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 Annual Summit of the International Transport Forum is the unique platform for a global conversation on strategies for transport in the 21st century. It took place in Leipzig, Germany from 27-29 May 2015, under the Presidency of New Zealand under the theme "Transport, Trade and Tourism".

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.

Ministers from OECD’s 34 member countries today welcomed the new OECD Principles on Water Governance, which set standards for more effective, efficient and inclusive design and implementation of water policies, and encouraged governments to put them into action.

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

Governments are under-utilising taxation as a tool to curb the environmental consequences of energy use, foregoing revenue and weakening their attack on the principal source of greenhouse gas emissions responsible for climate change and air pollution, according to new OECD analysis.

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.

The OECD and the Ministry of Finance of Indonesia (Fiscal Policy Agency) held an expert seminar on 4-5 November, 2015 in Bogor, Indonesia. The event brought together representatives from the ASEAN line ministries, research organisations and other key international organisations to share their knowledge and expertise on the topic. This event was supported by the OECD Knowledge Sharing Alliance.

Creeping protectionism is alive and well. Last year’s monitoring report on trade for the G20 reminded us that of the nearly 1,500 trade-restrictive measures imposed by G20 countries since 2008, fewer than 400 have been removed. The stock of these barriers continues to grow, despite a pledge by the G20 to reduce protectionism.

Register for the Green Growth Knowledge Platform (GGKP) Webinar on Sustainable Cities and Structural Transformation through a presentation of this year's African Economic Outlook (AEO). The webinar will take place on 20 July 2016, 2:00-3:30pm (Geneva time).

The World Green Economy Summit (WGES) is an initiative by the Dubai Electricity & Water Authority. As an institutional partner, the OECD's Matthew Griffiths will participate under the session "Clean Water to the World", in order to discuss how cross sector partnerships can help conserve and manage water in a responsible way, while using the technologies and models available to tackle regional and global water scarcity.

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.

The capital city of Karnataka is prepping to host the biggest entertainment event at KTPO Convention Centre in Whitefield on 12-13 November 2016.

French auto major Renault today launched the automated manual transmission (AMT) version of its popular small car KWID at an introductory price of Rs 4.25 lakh (ex-showroom Delhi).

Goa, the sun-soaked state with long beaches and lush vegetation, is home to more than 420 species of birds. A lot of birds in Goa are endangered or migrants.

Goa welcomes its visitors not only with beaches and drinks but also the delicious Goan cuisine.

This note highlights the most pressing issues on families and children in Germany, as discussed in the OECD publication Doing Better for Families.

This note is taken from Chapter 2 of Economic Policy Reforms: Going for Growth 2012.

Germany is one of the OECD countries with the lowest barriers to immigration for high-skilled workers. However, long-term labour migration is low in comparison with other countries.

At the Summit, Mr. Gurría will deliver remarks and participate in a Ministers’ Roundtable on "Attracting New Sources of Private Finance to Transport Infrastructure". He will also present an OECD Transport Working Paper: “Mobilising Private Investment in Sustainable Transport: the Case of Land-Based Passenger Transport Infrastructure”.