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This paper presents a framework to include feedbacks from climate impacts on the economy in integrated assessment models. The proposed framework uses a production function approach, which links climate impacts to key variables and parameters used in the specification of economic activity. The paper pays particular attention to the challenges of distinguishing between damages and the costs of adapting to climate change.
This document provides a detailed technical description of the ENV-Linkages model. The OECD ENV-Linkages Computable General Equilibrium (CGE) model is an economic model that describes how economic activities are inter-linked across several macroeconomic sectors and regions. It links economic activity to environmental pressure, specifically to emissions of greenhouse gases (GHGs).
In its 2012 edition of the World Energy Outlook, the International Energy Agency (IEA) produced an Efficient World Scenario to assess how implementing only economically viable energy efficiency measures would affect energy markets, investment and greenhouse emissions (GHG). Using the OECD ENV-Linkages macro-economic model, this report simulates the economic and environmental impacts which the IEA Efficient World Scenario implies.
Sweden has shown a longstanding commitment to the environment, significantly reducing greenhouse gas emissions, air pollution and nitrogen leaching. Renewables supply more than a third of its energy needs. Sweden has set itself tough targets for the future, however, and must continue to innovate if it is to meet them, according to a new OECD report.
Today’s post, marking World Environment Day, is from OECD Secretary-General Angel Gurría. Air pollution has become the biggest environmental cause of premature death, overtaking poor sanitation and a lack of clean drinking water.
This report describes the material basis of OECD economies. It examines how material resources flow between the economy and the environment, and the factors that drive changes in resource productivity over time and across countries.
For World Environment Day on 5 June 2014, the OECD Environment Directorate looks at how we use and manage natural resources.
Air pollution is costing advanced economies plus China and India an estimated USD 3.5 trillion a year in premature deaths and ill health and the costs will rise without government action to limit vehicle emissions, a new OECD report says.
The ITF is an intergovernmental organisation within the OECD to tackle mobility issues for the 21st century. The Forum acts as a platform to advance transport policy and practice, with a view to ensuring transport's contribution to economic growth, environmental protection, social inclusion and the preservation of human life and well-being. The ITF 2014 annual Summit is being held in Leipzig, Germany on 21-23 may 2014.
Twenty years ago climate change was viewed as just an environmental issue. Today it is squarely an economic issue. Climate change poses significant risks to our economic systems that could result in very large damages. To mitigate these risks we need to radically transform our economies and societies to stop global warming.