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Colombia has made progress towards eliminating fuel and diesel subsidies and reducing discretionary spaces allowing for artificially low fuel prices, but challenges remain. This paper discusses the political economy of fuel subsidies in the country to understand why reform has been so slow.
The 2013 Forum was held on 5-6 December and discussed how governments can improve their investment policy framework to reduce the risk and attract long-term private finance in support of green growth.
In the two decades since apartheid ended, South Africa has made impressive strides to catch up with – and in some cases surpass -- the developed world’s environmental standards.
Issues related to water and sanitation are a priority for the OECD. A number of people working at the OECD are also involved through our War on Hunger Group. For example, last year the Group funded a project in Mozambique to reduce diarrhoea by at least 25% in children under the age of five by training in hygiene and changing current practices.
This year the United Nations has officially declared 19 November World Toilet Day to raise awareness of the sanitation crisis faced by millions every day. Similarly, the OECD places great importance on the issue of water and sanitation. It has undertaken significant work on the issue to help promote global awareness, encourage action and propose viable solutions.
The OECD organised a number of events focused on key aspects of the negotiations: side events on tracking private climate finance, establishing and understanding post-2020 mitigation commitments, and credible policies to achieve climate targets and mobilise private finance. The OECD also convened a High Level Breakfast addressing the issues around long-term investment and green infrastructure.
The 'water crisis' is largely a governance crisis. There is enough water on Earth for all, even in areas where temporary shortages may exist. Managing water for all is not only a question of hydrology and money, but equally a matter of good governance.
Environmental goods and services are now a bigger driver of Austria’s economy and job market than traditionally strong sectors like tourism and construction, thanks to the government’s policy of subsidising green investments, a new OECD report shows.
Carbon taxes and emission trading systems are the most cost-effective means of reducing CO2 emissions, and should be at the centre of government efforts to tackle climate change,according to a new OECD study.
This paper examines how institutional investors can access green infrastructure, the extent to which this is currently happening, and the barriers to scaling up these investment flows. Based on four case studies, broader lessons are drawn for governments on the policy settings which may support investment in green infrastructure by institutional investors.