Behavioural insights have the potential to enhance the effectiveness of financial literacy and investor education initiatives. This IOSCO/OECD report explores the extent to which they are being used, reviews the available literature and presents various approaches for policy makers and practitioners to consider when seeking to change financial behaviour.

In recent decades, Thailand has been an attractive destination for migrant workers due to its relatively high wages and its fast economic growth. A joint report by the OECD Development Centre and the International Labour Organisation, How Immigrants contribute to Thailand’s economy, demonstrates the contribution of migrant workers and makes recommendations regarding the enhancement of this contribution.

As a further sign of international efforts to crack down on tax offenders, 12 more countries have signed, or committed to sign, the OECD’s Multilateral Convention on Mutual Administrative Assistance in Tax Matters. In addition, another 6 countries have ratified the Convention.

World water week provides a unique forum for the exchange of views, experiences and practices between the scientific, business, policy and civic communities.

The latest OECD Environmental Outlook is equally alarmist about “the consequences of inaction”, to quote the book’s subtitle. Terrestrial biodiversity is projected to decrease by a further 10% by 2050.

As we celebrate International Biodiversity Day, the outlook is not very encouraging. Around 12% of birds, 25% of mammals, and at least 32% of amphibians are threatened with extinction over the next century. Humans may have increased the rate of global extinctions by up to 1000 times the “natural” rate typical of Earth’s long-term history.

The OECD Environmental Outlook to 2050: Consequences of Inaction warns that by 2050, under a worst-case scenario, we could see a 10% biodiversity loss; 2.3 billion more people living in water-stressed areas; and a 50% increase in GHG emissions, primarily caused by a 70% growth in CO2 emissions from energy use.

We must aim for their complete elimination by the second half of the century and need to come to grips with the risk of climate change. While many countries have announced ambitious targets to reduce fossil fuel emissions by 2020, and even mid-century, further efforts are needed.

Issues related to water and sanitation are a priority for the OECD. A number of people working at the OECD are also involved through our War on Hunger Group. For example, last year the Group funded a project in Mozambique to reduce diarrhoea by at least 25% in children under the age of five by training in hygiene and changing current practices.

The latest Climate Change Report from the IPCC argues that human interference with the climate system is occurring, and climate change poses risks for human and natural systems. The report identifies eight major risks with high confidence, and says that each of these risks contributes to one of more of the five “reasons for concern”.

A new OECD report describes what Ethiopia and Columbia are doing to sustain development in a changing climate.

For World Environment Day on 5 June 2014, the OECD Environment Directorate looks at how we use and manage natural resources.

Today’s post, marking World Environment Day, is from OECD Secretary-General Angel Gurría. Air pollution has become the biggest environmental cause of premature death, overtaking poor sanitation and a lack of clean drinking water.

Have you ever wondered who was paying to recycle that plastic bottle you just threw away?

Saving the Earth’s climate is sometimes compared to saving the world’s financial system following the crisis in 2007. But it’s not. The taxpayer saved the financial system by bailing it out a cost of trillions of dollars over a very short period, but there is no bailout option for the climate.

The OECD Environment Directorate has produced two videos to explain key climate issues as the UN Climate Summit opens today at UN headquarters in New York.

When you think of biodiversity conservation, you probably think of the classic images: the polar bear, the lion, the elephant, the giraffe. The ecological community likes to call them charismatic megafauna, with only a hint of satire.

The world is facing unprecedented stresses, and we are going to need an unprecedented response. We’re doing our best to help create that response at the OECD.

In today’s hard times, policy-makers can find it difficult to sell their environmental policies. To many, these policies represent a burden on the economy.

Please join me in an ode to the giant tortoise, recently confirmed to be back from near extinction on the Galapagos Espanola Island after conservation work that began forty years ago. Whoever thought this waddly wild wonk would be a model for humans to improve environment through adept household behaviour?

Our world and its problems should have been watched for long enough. Inequality, debt, financial instability, corruption, conflict, ecosystem damage, waste and poverty have been seen through history.

The polar bear, floating mournfully away on an ice floe as his habitat melts around him, is perhaps one of the most well-travelled symbols of the impacts of climate change.

It’s time for governments to ramp up the development of alternative energies and to nail a price onto every tonne of CO2 emitted. With COP21 taking place in Paris in November, sending the right message on climate change means gradually increasing the cost of CO2 emissions, and creating a strong economic incentive to reduce the carbon entanglement and to move towards a zero-carbon world.

When considering a by-product, can this material or waste be used in another industry or in another manufacturing process instead of putting it into the environment, moving “from waste to resources” as the OECD says?

2015 is a critical year for humanity. Our civilisation has never faced such existential risks as those associated with global warming, biodiversity erosion and resource depletion. Our societies have never had such an opportunity to advance prosperity and eradicate poverty. We have the choice to either finally embark on the journey towards sustainability or to stick to our current destructive “business-as-usual” pathway.

OECD can work its hardest to raise awareness on the truths of climate change, but the world won’t see developments in green technology and infrastructure unless we have eager investors backing up investment and research and development in low-carbon technologies.

"We absolutely should and must demand a strong deal in Paris". Read the full blog by Chris Barrett, Executive Director, Finance and Economics, European Climate Foundation, and former Australian Ambassador to the OECD.

We could spend World Environment Day warning of the doom and gloom of future Earth, but considering how much we have done that already, that’s not going to get us very far as we approach this year’s COP21 in Paris. Instead, we are going to give you a taste on what we do here at the OECD headquarters to help save the environment, taking our own medicine on what we prescribe to governments.

Today, more than 22% of global emissions are covered by a carbon price. Almost 40 countries and over 20 cities, states and provinces use carbon pricing mechanisms or are planning to implement them. The OECD recommends that countries make carbon pricing the cornerstone of climate policy. Price signals sent to consumers, producers and investors alike need to be consistent and facilitate the gradual phase-out of fossil fuel emissions.

The current Volkswagen diesel emissions scandal highlights the difficult reality of making the transition to a low-carbon economy. It also highlights the growing need for governments to make smart policies, based on actual costs.

"Back to the Future" festivities marking 21 October 2015 as the date Marty and Doc travel to the future in the famous film with Michael J. Fox. If only we had a similar time machine allowing us to travel to 2045 to see what the climate has in store to better decide what policies to adopt today. Alas, no time machine has been invented yet but, in the absence of such a cool device, we can rely on climate and economic models...

How have CO2 and greenhouse gas (GHG) emissions changed since 1990? Three different visuals tell three very different stories (click on them to see full size). Which perspective offers the most clarity?

Over the past year, OECD Insights has published a series of blogs from contributors inside and outside the Organisation on the issues being debated over the next two weeks at COP21 in Paris. Here they are, in alphabetical order by title.

Given the years of preparation – and for some OECD colleagues, a life’s work – my hope was for an enduring, ambitious text, helping us to avoid climate catastrophe. My expectation was far less grand, more closely aligned to the reality of getting 195 countries to adopt an agreement with legal force.

Paris is a beautiful city but has an ugly problem with air pollution. Using 2 wheels to get to work, one becomes acutely aware of this insidious addiction to cars, and the “essence” of the problem, DIESEL.

“If He holds back the waters, there is drought; if He lets them loose, they devastate the land”. To be fair, that was in the days before governments played “a key role in developing targeted policy responses to market failures that impede the mitigation and allocation of drought and flood risks”, as the OECD report on Mitigating Droughts and Floods in Agriculture puts it.

The consequences of degradation of environmental quality as well as the consequences of environmental policies are typically unevenly distributed. In general, poorer countries and lower income households are more severely affected by environmental degradation and at the same time have less capacity to adapt.

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.

This report provides a review of recent firm-level and plant-level surveys containing questions on environmental policies, innovation practices or performance which are relevant for environmental policy analysis and assessment. We specifically focus on the core element that relates environmental policies to environmental and economic performance, namely the adoption of innovative practices and environmental innovations by firms.

Clearly a revolution in the global economy is needed for a heavy reduction of GHG emissions. You may have heard of Carbon Capture and Storage or CCS. This technology prevents CO2 from fossil fuel combustion from accumulating in the atmosphere.

The initials ‘CCS’ usually stand for Carbon Capture and Storage. However, I was with the team in Paris during COP21 promoting the Cap Global Carbon proposal; the mechanism embodied in Cap Global Carbon is Cap & Share, and it occurred to us that the name ‘Carbon Cap & Share’ has the same initials, CCS. Are these two types of CCS complementary or antagonistic? Are they friends or enemies?

A stern warning for climate change, and our health - Shipping brings us 90% of world trade and has increased in size by 400% in the last 45 years. Cargo ships, tankers and dry-bulk tankers are an essential element of a globalised world economy, but they are thirsty titans and they won’t settle for diet drinks. There are up to 100,000 working vessels on the ocean and some travel an incredible 2/3 of the distance to the moon in one year.

The theme of Biodiversity Day this year is “Mainstreaming biodiversity; sustaining people and their livelihoods”. According to World Bank figures, “natural capital accounts for an estimated 30% of total wealth in low income countries compared to only 2% in OECD countries”.

The OECD will convene its 6th Workshop on Regional trade agreements and the environment on 10 June 2016, at the OECD Headquarters. The focus of the workshop will be on chapters of regional trade agreement (RTAs) that are concerned mainly with issues other than the environment, such as market access, investment, or government procurement, TBT, regulatory coherence or dispute settlement.

Climate change is not just about a change in climate towards hotter, wetter, and drier conditions, but also about an increase in the variability of the climate, as well as in the number and severity of extreme events.

Current carbon prices are falling short of the levels needed to reduce greenhouse gas emissions driving climate change, but even moderate price increases could have a significant impact, according to new OECD research.

This paper describes MOLES 1.0, an integrated land-use and transport model developed with Object-Oriented Programming principles in order to combine selected characteristics from Spatial Computable General Equilibrium and microsimulation models. MOLES 1.0 models the links between urban land use, mobility patterns, urban economic activities and their environmental impacts, in particular air pollution and emissions of greenhouse gases.

“National governments must take the lead and do so with a recognition that they are part of a global effort.” Speaking last week at the Munk School of Global Affairs in Toronto, OECD Secretary-General Angel Gurría urged countries not to retreat behind their national borders in dealing with climate change. Read the full blog.

Infrastructure resilience requires a coordinated policy response to ensure that infrastructure owners and developers have the incentive and capacity to integrate resilience. The framework is aimed at policy makers in OECD countries, but the underlying messages can be applied to other country contexts.

The wet and verdant expanse of the Mekong Delta’s rivers and farms is a veritable rice bowl for the world. Not only do the region’s paddies produce half of Viet Nam’s rice crop yearly, the country is the world’s third largest rice exporter, with 17% of world exports of paddy rice. Our analysis identifies Viet Nam as facing the world’s fourth highest water risks for rice production.