Limiting climate change to 2°C requires a major shift in investment patterns towards low-carbon, climate resilient options.
Achieving this goal will require policies that involve unprecedented economic, social and technological transformation, as economies shift towards low-carbon and climate-resilient (LCR) infrastructure investments. Choices made today about the types, features and location of long-lived infrastructure will determine the extent and impact of climate change and the vulnerability or resilience of societies to it. The challenge to shift and scale-up investment in LCR infrastructure requires policy makers to look across the breadth of the regulatory landscape to ensure that clear, consistent and coherent signals are being sent to investors, producers and consumers alike. OECD work on financing climate change action focuses on developing frameworks, tools and analysis to provide guidance to countries in this transition.