This report describes the development of the green bond market as an innovative instrument for green finance, and provides a review of policy actions and options to promote further market development and growth. Since 2007-08, so-called “green bonds” have emerged and the market has risen from USD 3 billion in 2011 to USD 95 billion in issuance in 2016. For policy makers, the report proposes a framework for understanding potential directions of bond market evolution, increased convergence of rules and definitions, and quantitative analysis of the potential contribution that bond markets can make to a low-carbon transition.
Developing countries are disproportionately affected by the rising trend of losses from climate-related extreme events. This paper uses case studies of Colombia and Senegal to examine how countries are using financial protection as part of their approaches to managing climate risks; it also identifies emerging priorities for development co-operation providers in supporting financial protection against climate risks.
Where to find OECD environmental data? As international concern about global environment and sustainable development becomes more pressing, government, business and the public all need reliable and harmonised data on the environment.
On Thursday 6 April, Hannah Leckie & Xavier Leflaive of the OECD Environment Directorate discussed emerging solutions in OECD countries, that can guide the design and implementation of policies to control diffuse water pollution. Water pollution is on the rise due to indirect ‘diffuse’ sources of pollution from both agricultural and urban environments. Watch the video.
The objective of the European Union Water Initiative is to create the conditions for mobilising all available EU resources (human & financial), and to co-ordinate them to achieve the water-related Millennium Development Goals (MDGs) in partner countries. This initiative was launched at the World Summit for Sustainable Development in Johannesburg in 2002.
A ground-breaking OECD survey offers insights to policy-makers on the factors that influence household behaviour towards the environment. It provides answers to the key question: How can the impact of policies encouraging greener behaviour be heightened? It also provides a deeper understanding of behavioural responses to measures and how these may differ across households and regions.
Green growth is about fostering economic growth and development while ensuring that natural assets continue to provide the resources and environmental services on which our well-being relies. Governments need indicators that can raise awareness, measure progress and identify potential opportunities and risks.
I am delighted to welcome you to this special event, expressing the commitment of the OECD to sustainability. We are here because we need to practice what we preach. We advise governments on how to be greener, so the least we can do is an equivalent effort to green the OECD and its management practices.
The OECD supports countries of Eastern Europe, Caucasus and Central Asia (EECCA) to reconcile their environment and economic goals thus addressing the heavy environmental legacy of the Soviet model of development. This support is provided within the framework of the GReen Economy and ENvironment Action Programme (the GREEN Action Ptogramme).
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Earth observation data is a unique source of commensurable information. It can be combined with administrative, social and economic data at multiple scales for in-depth policy analysis. The OECD is currently working with earth observation data providers and key partners to develop its geospatial data capacity.