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 report is the first OECD review of Brazil’s environmental performance. It evaluates progress towards sustainable development and a green economy, with a focus on conservation and sustainable use of biodiversity and protected areas.The OECD Environmental Performance Review Programme provides independent assessments of country progress in achieving domestic and international environmental policy commitments. The reviews are conducted to improve environmental performance, promote peer learning and enhance accountability. They are supported by a broad range of economic and environmental data, and provide policy-relevant recommendations.Each review cycle covers all OECD countries and selected partner economies. The most recent reviews include: Spain (2015), Poland (2015), Sweden (2014).
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.