Emissions curbs set by the European Union’s Emissions Trading System, Europe’s main tool for reducing carbon emissions, have not hurt revenue, profits or employment at firms subject to the cap-and-trade programme over 2005-2014, according to a new OECD report.
Public climate finance from developed to developing countries totalled USD 56.7 billion in 2017, up 17% from USD 48.5 billion in 2016, according to new data compiled by the OECD.
The OECD, UN Environment and World Bank Group today called on leaders of G20 countries to do more to enable a radical shift of investment into low-carbon, climate-resilient infrastructure as a way to limit the impact of climate change.
The world’s consumption of raw materials is set to nearly double by 2060 as the global economy expands and living standards rise, placing twice the pressure on the environment that we are seeing today, according to a new OECD report.
Three years on from the commitments made at COP21 in Paris, the overwhelming majority of governments have not taken the necessary action to contain growing risks to the climate. With emissions on the rise again, OECD governments need to get serious about shifting their economies to a low-carbon model and stop investing in carbon-intensive infrastructure.
Governments need to raise carbon prices much faster if they are to meet their commitments on cutting emissions and slowing the pace of climate change under the Paris Agreement, according to a new OECD report.
The Czech economy is thriving, with robust employment, expanding exports and falling government debt. Efforts should now focus on boosting workforce skills and innovation to improve labour supply and productivity, further reduce poverty and inequality, and green the economy, according to two new OECD reports.
Hungary has made progress in greening its economy and cutting emissions, but it needs to speed up efforts to replace fossil fuels with renewable energy sources, improve energy efficiency in buildings and promote sustainable transport, according to a new OECD Review.
Plastic recycling is failing to reach its full potential as low recovery rates of plastic waste, poor quality of recycled plastic and a lack of price incentives are holding back secondary plastic markets, according to a new OECD report. Given rising public concern over plastic pollution, governments should act urgently to encourage more and better recycling, it says.
The OECD has been awarded the Hassan II World Water Prize by the government of Morocco and the World Water Council in recognition of its work under Secretary-General Angel Gurría to elevate water security as a crucial global issue and the policy guidance it has provided countries around the world on the issue.