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According to OECD’s latest analysis, global greenhouse gas emissions are projected to grow by another 50% in the next 40 years. This would result in a 3-6 degree increase of average global temperature by the end of the century unless governments take decisive action, says OECD Secretary-General.
When G20 Leaders met in Pittsburgh in September 2009, they agreed to “rationalize and phase out over the medium term inefficient fossil fuel subsidies that encourage wasteful consumption”.
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Technological change is undoubtedly one of the keys to ensuring that climate change can be addressed without compromising economic growth. This policy brief provides key messages promoting technological innovation to address climate change.
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Mobilizing Climate Finance. A paper prepared at the request of G20 Finance Ministers. October 6, 2011Work on this paper was coordinated by the World Bank Group, in close partnership with the IMF, the OECD and the Regional Development Banks (RDBs)
Global climate change threatens to disrupt the well-being of society, deter economic development and alter the natural environment, making it a key policy concern of the 21st century.
This Inventory provides reliable and comparable data on support or tax expenditures for fossil fuel production or use in OECD countries. Reforming fossil fuel subsidies can contribute to achieving economic and fiscal objectives, while also tackling environmental problems like climate change.
Governments and taxpayers spent about half a trillion dollars last year supporting the production and consumption of fossil fuels. Removing inefficient subsidies would raise national revenues and reduce greenhouse-gas emissions, according to OECD and IEA analyses.
This report looks specifically at the full array of public policies promoting investment in the renewable energy sector, and discusses their impact on plant entry into the market, with the support of case studies focusing on Germany, the U.S.A. and Australia.
This Working Paper analyses set of tools targeted to screen climate change risks and focuses on the need to consider the experiences of users as well as developers, and to investigate the extent to which tools are meeting user needs.
OECD & AIXG reports on Emissions Trading.