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Too often today, whether in the political or corporate worlds, the focus is squarely on the short-term: on the next election or the next quarter. Likewise, investors are incentivised to focus on shorter-term financial returns. As a result, we are failing to reap the social, economic and environmental returns of long-term productive investment.
Water security is one of the greatest challenges we face today, yet the situation has never looked more perilous. By 2050 the OECD Environmental Outlook projects that nearly 4 billion people will live in river basins under severe water stress, and global nitrogen effluents from wastewater are projected to grow by 180%. Whilst, over the same period, global demand for water is expected to grow by 55%.
OECD-Eurasia cooperation started over a decade ago with the Eurasian Corporate Governance Roundtable, established in 2001 to share good practices on corporate governance and institution building.
This Initiative was created following the OECD’s commitment at the 6th World Water Forum in Marseille in 2012 to spearhead robust economic and evidence-based analysis, tailored policy dialogues, and multi-stakeholder consultation in support of better water governance.
Closing remarks made by the OECD Secretary-General during the Paris Club Forum, organised jointly by the Australian Presidency and the Paris Club.
Angel Gurría, Secretary-General of the OECD congratulated the newly elected President of Indonesia, Joko Widodo, for taking a bold first step in his economic reform agenda by substantially cutting fuel subsidies.
Statement made by the Secretary-General during session 2 of the Leader's Summit in Brisbane.
Statement made by the Secretary-General during the G20 Working Dinner on Trade at the Leader's Summit in Brisbane.
Statement made by the Secretary-General during session 1 of the Leader's Summit in Brisbane.
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!”.