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This paper investigates the impact of changes in the stringency of environmental policies on productivity growth in OECD countries. Using a new environmental policy stringency (EPS) index, it estimates a reduced-form model of multi-factor productivity growth, where the effect of countries' environmental policies varies with pollution intensity of the industry and technological advancement.
Cross-country analysis of the economic effects of environmental policies is limited by the lack of reliable, comparable measures of the stringency of environmental policies. This paper attempts to fill this gap, by constructing new quantitative indexes of environmental policy stringency (EPS).
Environmental policies seek to address market failures related to the protection of the environment. However, they may also increase barriers to entry and distort competition. If stringent environmental policies can be designed in a way that minimises such economic burdens, they can facilitate the achievement of economic and environmental goals and a cleaner growth model.
Statistics on external development finance extended with the purpose of assisting developing countries in the implementation of the three Rio Conventions.
The OECD DAC measures and monitors development finance targeting climate change objectives using two Rio markers: Climate Change Mitigation and Climate Change Adaptation.
The 'water crisis' is largely a governance crisis. Water governance is the set of rules, practices, and processes through which decisions for the management of water resources and services are taken and implemented, and decision-makers are held accountable.
Making investment and environment policy goals mutually supportive creates both challenges and opportunities for governments and other stakeholders. The OECD analyses key issues of the relationship between investment and environment to help policy makers address these challenges and opportunities.
Find out how the OECD participated in the 20th session of the Conference of the Parties to the United Nations Framework Convention on Climate Change (COP 20) which took place from 1-12 December in Lima, Peru.
This report is the third OECD review of Sweden’s environmental performance. It evaluates progress towards sustainable development and green growth, with a focus on Sweden's longstanding commitment to mitigating emissions of greenhouse gases and its management of marine ecosystem services and water.
By 2050, the world’s population will have risen to 9 billion. By then, the demand for water will have risen by 55% and demand for food by 60%. And on top of this, a world economy that is four times larger than today could be using up to 80% more energy.