Financing Climate Change – recent OECD work

28-Aug-2009

Financing climate change is one of the key issues that needs to be resolved for a successful international climate agreement, and is a topic for G20 finance ministers to discuss in London in September. OECD works with government representatives from finance ministries, environment ministries and development co-operation agencies on several of the key issues relating to a post-2012 financial architecture.

The incentives to participate in and the stability of international climate coalitions: a game-theoretic approach using the WITCH Model

01-Jul-2009

Once the free-riding incentives of non-participants are taken into account, only a “grand coalition” including virtually all regions can be successful. This grand coalition is profitable as a whole, implying that all countries can gain from participation provided appropriate transfers are made across them. However, neither the grand coalition nor smaller but still environmentally significant coalitions appear to be stable.

From Grim to Green: towards a low-carbon future

15-Jun-2009

Speaking at the International Economic Forum of the Americas, Mr. Gurria called on all countries to use the economic crisis as an opportunity to promote ‘green’ growth. Collective action and bold political will, he said, will be necessary to draft environmentally sound stimulus packages, reduce emissions, foster green innovation, and work towards a successful UN Climate Change Conference at the end of the year.

OECD participation in UN Climate Change Talks in Bonn

05-Jun-2009

The OECD actively participated in the UN "Climate Change Talks Bonn" held 1-12 June 2009. On 9 June, the OECD side event "Building a global carbon market: how to achieve cost-effective GHG reductions and generate financing" took place. On 8 June it held a side event on "Building bridges: NAMAs, registries and mitigation support in the post-2012 framework" with panelists from the UK, Saudi Arabia, Korea, the European Commission, Australia, OECD and IEA.

New OECD-IEA work to support the UN climate change negotiations leading up to COP-15

05-Jun-2009

The OECD-IEA "Annex I Expert Group" released 3 new analytical reports on the post-2012 climate change framework currently being negotiated by the UN in the lead-up to COP15 Copenhagen: a) “Greenhouse gas mitigation actions: Measurement Reporting & Verification issues and options”; b) “Linking Mitigation Actions with Mitigation Support in Developing Countries: A Conceptual Framework”; and c) "Sectoral Approaches and the Carbon Market" considers the carbon market aspects of sectoral approaches to reduce greenhouse gas emissions in developing countries.

The economics of climate change mitigation: how to build the necessary global action in a cost-effective manner

03-Jun-2009

Key step towards the emergence of a single international carbon price will most likely involve the phasing out of subsidies of fossil fuel consumption and various forms of linking between regional carbon markets, ranging from direct linking of existing emission trading systems to more indirect forms through the use of sectoral crediting mechanisms.

Economic Survey of New Zealand 2009: Structural policies to overcome geographic barriers and create prosperity

16-Apr-2009

New Zealand’s living standards remain well below the OECD average, a situation attributable to low productivity, which in turn is related to economic geography as well as structural policy factors.

OECD Global Forum calls for more investment in water and sanitation

03-Dec-2008

Water management is a challenge for both OECD and developing countries. Though the Millennium Development Goals (MDGs) call for the proportion of people without access to safe water and basic sanitation to be halved by 2015, many countries are not on track to meet these goals. Amid fears that the financial crisis would result in an aid crisis, OECD donors recently made an Aid Pledge, promising to honour their aid commitments, including the water-related MDGs.

Green publishing launch for OECD primer on Sustainable Development

01-Dec-2008

A new OECD book on sustainable development will practice what it preaches by using innovative low-carbon publishing technology for sales in far-flung global markets.

OECD Roundtable on Urban Strategy of Mayors and Ministers on “Competitive Cities and Climate Change”: Remarks by Angel Gurría

13-Oct-2008

Given that the majority of the world’s population lives in cities accounting for 60 to 80 percent of emissions, cities are key actors in our efforts to achieve long-term sustainable solutions to the global climate change challenge, according to Mr. Gurría.

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