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Climate change is already with us. Scientific evidence shows that past emissions of greenhouse gases (GHG) are already affecting the Earth’s climate. If current trends and policies continue, the result will be a rapidly warming world. Action is needed now to significantly reduce global greenhouse gas (GHG) emissions in the coming decades.If governments fail to act, or delay adopting the necessary policies, the likely consequences and
Set up under the Kyoto Protocol, the Clean Development Mechanism (CDM) seeks to reduce greenhouse gases by allowing firms in developed nations to meet some of their emissions targets by initiating greenhouse gas reduction projects in developing countries where reduction costs are lower.
Many governments now see technological innovation as a key channel to help them achieve a wide range of environmental objectives. Analysing patent data can give an accurate measure of innovations that reduce adverse environmental impacts.
Most of the action to address climate change will need to take place in developing countries, but developed countries should shoulder much of the cost, said OECD Secretary-General Angel Gurría today in a speech at the United Nations Climate Conference in Bali.
In his speech, Mr. Gurría presented the climate change policies that should be put into place to limit further deterioration. Answering the crucial question "who pays for it", he noted that the countries who provoked climate change have a greater capacity to pay than those who joined the group of large emitters more recently.
In his remarks, Mr. Gurría reminded that the climate is already changing and he called for immediate concerted action and a real political commitment to combat its worst impacts. He mentioned the range of economic policy options available to address this major problem.
The impact of climate change and urban development could more than triple the number of people around the world exposed to coastal flooding by 2070, according to a new report by the OECD, co-authored by experts from academia and the private sector.
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Climate change is already being observed through rising temperatures, melting glaciers, shifting rain patterns, increased storm intensity and rising sea levels. Greenhouse gas (GHG) emissions from human activities – mainly fossil fuel use, deforestation and agriculture – cause climate change. If GHG emissions are not reduced to significantly below current levels within the next few decades, there will be further warming and sea-level
In his address, Mr. Gurría highlighted the alarming outlook for growth in carbon dioxide emissions. He also underscored the need for collective action in developing innovative and market-based solutions in order to foster competitiveness and opportunities for growth.
Discurso do Exmo. Senhor Angel Gurría, Secretário Geral da Organização para a Cooperação e o Desenvolvimento Económico (OCDE). Ministério da Economia e da Inovação, Lisboa, 2 de Maio de 2007.