On Monday 26 September, OECD Environment Director, Simon Upton, hosted Kurt van Dender, OECD environmental tax policy expert from the Centre for Tax Policy and Administration to discuss the OECD publication on Effective Carbon Rates - a new, combined measure of the extended to which countries use taxes and emissions trading systems to price carbon, and explore the carbon pricing gap.
The Global Forum was held on 13-14 September 2016; and brought together approximately 200 delegates from both OECD and non-OECD countries to discuss the theme of transparency, and the issues discussed included transparency of mitigation and support.
Anyone else feeling exhausted by all this drum humming about air pollution? Indeed it appears the fumes won’t be dissipating any time soon as we consider the extent to which tyre and brake rubbish exacerbate the problem.
Climate change is not just about a change in climate towards hotter, wetter, and drier conditions, but also about an increase in the variability of the climate, as well as in the number and severity of extreme events.
The Climate Fund Inventory (CFI) database is a qualitative database of bilateral and multilateral public climate funds. This CFI initiative is in response to the proliferation of the number of climate funds that have been established to support countries with their climate change mitigation and adaptation actions, as well as readiness activities.
This report provides the first comprehensive study of publicly capitalised green investment banks (GIBs), analysing the rationales, mandates and financing activities of this relatively new category of public financial institution. Based on the experience of over a dozen GIBs and GIB-like entities, the report provides a non-prescriptive stock-taking of the diverse ways in which these public institutions are catalysing private investment in low-carbon, climate-resilient infrastructure and other green sectors, with a spotlight on energy efficiency projects. The report also provides practical information to policy makers on how green investment banks are being set up, capitalised and staffed.
A stern warning for climate change, and our health - Shipping brings us 90% of world trade and has increased in size by 400% in the last 45 years. Cargo ships, tankers and dry-bulk tankers are an essential element of a globalised world economy, but they are thirsty titans and they won’t settle for diet drinks. There are up to 100,000 working vessels on the ocean and some travel an incredible 2/3 of the distance to the moon in one year.
The initials ‘CCS’ usually stand for Carbon Capture and Storage. However, I was with the team in Paris during COP21 promoting the Cap Global Carbon proposal; the mechanism embodied in Cap Global Carbon is Cap & Share, and it occurred to us that the name ‘Carbon Cap & Share’ has the same initials, CCS. Are these two types of CCS complementary or antagonistic? Are they friends or enemies?
During most of the roughly three decades since climate change became a global concern, governments optimistically assumed that a green transition would happen naturally over time, as rising fossil-fuel prices nudged consumers toward low-carbon alternatives. But today, with fuel prices so low, what can be done to change consumption patterns?
Clearly a revolution in the global economy is needed for a heavy reduction of GHG emissions. You may have heard of Carbon Capture and Storage or CCS. This technology prevents CO2 from fossil fuel combustion from accumulating in the atmosphere.