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.
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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All waste, whether domestically generated or subject to export and import, should be managed in an environmentally sound manner in order to protect human health and the environment. To meet this objective and,at the same time, ensure fair competition between waste management enterprises throughout the OECD area, a Recommendation on ESM [C(2004)100] has been adopted by member countries. In order to facilitate its implementation, a
This Guide proposes benchmarks that can be used for the long-term development of self-monitoring systems in Eastern Europe, Caucasus, and Central Asia (EECCA).
Recommends that member countries elaborate and implement policies and/or programmes to ensure that waste be managed in an environmentally sound and economically efficient manner.