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As part of the OECD's structural surveillance mandate, work has focussed on both environmental policies, especially evaluating responses to global warming and sustainable development policies. The latter is ongoing and is dealt with in a cross-country and a country-specific mode.
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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.
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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.
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16-Apr-2009
The main conclusion is that the co-benefits from climate change mitigation in terms of reduced outdoor local air pollution might cover a significant part of the cost of action. Nonetheless, they alone may not provide sufficient participation incentives to large developing countries.
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07-Apr-2009
A main conclusion of the review is that there are large uncertainties, which are not fully reflected in existing estimates of global impacts of climate change in monetary units. Nonetheless, despite these uncertainties, policy action may be justified, provided that policies are cost-effective, even if the marginal cost of GHG emissions mitigation exceeds the marginal damage of one additional ton of carbon.
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from 01-Dec-2008 to 12-Dec-2008
The impact of climate change on our environment, our economies and our security is the defining issue of our era. OECD is at the forefront of climate change analysis, promoting environmentally and economically rational policies related to adaptation, mitigation, technology, financing and development. The OECD was present in several ways at the UN Climate Change Conference.
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