The world’s oceans are being damaged by a constant and unprecedented accumulation of waste known as marine debris. The waste, mostly from effluent human activities, is brought to the oceans through currents and often carried far from where it originated.
With marine biodiversity deteriorating at an alarming rate, there will soon be little left of the “octopus’s garden” that The Beatles once sang about. According to "Marine Protected Areas: Economics, Management and Effective Policy Mixes", pollution, overfishing and rising temperatures have damaged or destroyed 60% of the earth’s marine ecosystems.
OECD Secretary-General Angel Gurría announced today at the One Planet Summit in Paris the launch of the “Paris Collaborative on Green Budgeting”, a strategic initiative to assess and drive the alignment of national budgetary processes with the Paris Agreement and other environmental goals.
On the occasion of the One Planet Summit, read our latest OECD Observer articles focusing on the challenges and opportunities for climate action, particularly in the area of green finance and investment.
This paper analyses the reform undertaken by Iceland to avert a looming crisis and restore fish stocks to sustainable levels; and outlines the process involved in designing and implementing this reform. It also reflects on the challenges encountered and the environmental, economic and social impacts of the reform. This country study draws on the OECD report "The Political Economy of Biodiversity Policy Reform".
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.
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.
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.
12 November, OECD Paris - The Roundtable focused on the three main pillars of analytical work: Mapping financing flows (characterising investment needs and financing capacities at country level); Blended finance for water investments (developing good practice in the use of development finance ) and Strategic investment pathways (designing investments in terms of water security and sustainable growth).
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.
The large need for investments in sustainable infrastructure will require investments from the private sector, including institutional investors. This paper contributes to scaling up investments by analysing public project-level interventions for projects involving institutional investors; and presents findings from an updated database on institutional investments in environmentally sustainable infrastructure.
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.
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.
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.
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 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.
Culture is another name of Rajasthan and famous for their festivals and traditional fairs. While you are exploring this state where golden sand dune desert exist. So the desert may offer a magical view of sandy vastness that spread miles...
Every visitor thinks about the Taj Mahal when they make any trip to India. Regularly considered to be one of the seventh wonder of the world, Taj Mahal should be explored by all visitors at least once in the whole life. About this...
Secretary-General Angel Gurría launched the 2012 Development Co-operation Report “Lessons in linking sustainability and development” at the 48th High Level Meeting of the Development Assistance Committee in London.
Credible and consistent carbon pricing must be the cornerstone of government actions to tackle climate change, according to a new OECD report.
The 2013 Forum was held on 5-6 December and discussed how governments can improve their investment policy framework to reduce the risk and attract long-term private finance in support of green growth.
New international rules on state financing of rail exports will boost the development of cleaner transportation infrastructure and help countries meet green growth objectives, the OECD said.
Risk finance is essential for new ventures to commercialise new ideas and grow, especially in emerging sectors. Yet very little is known about the drivers and characteristics of risk finance in the green sector. This paper aims to fill this gap by providing a detailed description of risk finance in the green sector across 29 countries and identifying the role that policies might have in shaping high-growth investments.
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.
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.
"Green growth" and transport combines several different concepts that are central to sustainable mobility, including sustainable economic activity, reduced environmental impact and sustained growth in high quality jobs.
Climate change and, more generally, environmental damage have quantifiable economic and health costs, which weigh on long-term growth and well-being. If left unchecked, climate change is projected to decrease global GDP by 0.7 to 2.5 % by 2060. At the same time, the costs to society of air pollution already appear substantial–equivalent to some 4% of GDP across OECD countries and even higher in some rapidly developing economies.
According to shocking new research by Oxfam, the world’s richest 1% would, on current trends, own more than half the world’s wealth by 2016.
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.
This year’s OECD Ministerial Council Meeting, which we are honoured to chair, will address the issue of investment. The timing could not be better. Growth prospects have improved, but there is still a lot of work to be done. Investment has been hit especially hard since the crisis started and has yet to recover.
OECD Secretary-General Angel Gurría today called on all countries to fully engage with the new Sustainable Development Goals (SDGs) and said advanced and emerging economies had a particular responsibility to translate the global goals into national policy and to support developing countries in doing the same.
Economic and social reforms over the past two decades have enabled Peru to significantly improve growth and well-being while raising incomes and reducing poverty.
Read the latest OECD Insights blog written by Mrs. Gabriela Ramos, Special Counsellor to the OECD Secretary-General, Chief of Staff and G20 Sherpa.
Read the latest blog by Patrick Paul Walsh, Professor of International Development Studies, University College Dublin, Ireland and Senior Advisor, UN SDSN, Earth Institute, on the Implications of the UN 2030 Sustainable Development Agenda for the OECD.
The OECD has welcomed the release by China and the US of peer reviews of their fossil fuel subsidies.
OECD countries must step up their efforts to improve the quality and equity of their education systems as part of their commitments to meet the Sustainable Development Goal (SDG) for education by 2030, according to a new OECD report.
Join the GGKP for a webinar on 1 November from 3:00pm - 4:30pm (Geneva time) to learn more about the Global Green Growth Institute (GGGI)'s Green Growth Potential Assessment (GGPA) tool which helps countries find ways to turn risks into green growth opportunities, and the ways in which it has been applied to unlock green growth potential in Colombia and Peru.
Many countries have become more efficient in using natural resources and the services provided by the environment, generating more economic output per unit of carbon emitted and of energy or raw materials consumed. Yet progress is too slow, and if emissions embodied in international trade are included, advances in environmental productivity are more modest, a new OECD report shows.
Spurred by a rise in 2019 development aid, the OECD and its donor member countries are working to help the most vulnerable countries during the coronavirus crisis. Official development assistance (ODA) provided by OECD Development Assistance Committee (DAC) members rose by 1.4% in real terms to USD 152.8 billion in 2019.
Recent seizures of fake medical supplies being marketed as protection against coronavirus (Covid-19) have underscored the need to address a growing international trade in counterfeit pharmaceuticals. The trafficking of fake or defective medicines is costly and puts lives at risk, according to the new OECD and EU reports.
Colombia formally became an OECD Member country on 28 April, the 37th country to do so in the Organisation’s near 60-year history. This brings to a successful conclusion an accession process that began in 2013. “Colombia can be rightly proud of what is truly an exceptional achievement,” OECD Secretary-General Angel Gurría said.
I am with Ishrat’s family. You too may follow me.
Spare a moment to think about her family members who today find themselves isolated and socially ostracized for a crime their beautiful Ishrat Jahan, a...
Skoda Auto, part of the Volkswagen Group, today launched a souped-up version of its most successful sedan the Rapid with new looks at a price range of Rs.8.34 lakh to Rs.12.78 lakh.
The power of Fortuner is back as the Japanese auto giant Toyota launches its second generation priced at Rs. 25.92 lakh (ex-showroom Delhi).
Located in the Thar Desert, this seasonal salt marsh called the ‘Rann of Kutch’ is in the Kutch district of Gujarat. Rann Utsav is a yearly.
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).
Porsche India on Tuesday launched its new sports utility vehicle (SUV) Porsche Macan, with a basic retail price of Rs.76,84,000 (ex-showroom Maharashtra).