This is a watershed day for the world and especially heartening for the OECD as one of the first international bodies to call for zero net emissions in the second half of the century, for a price on carbon and for greater efforts to channel finance into the low carbon economy.
OECD urges efforts to better price carbon as new analysis finds that 90% of CO2-emissions are priced below EUR 30 per tonne, a low-end estimate of climate damage, and 60% are not priced at all. Effective Carbon Rates in the OECD and Selected Partner Economies calculates effective carbon rates (ECR) on CO2-emissions from energy use for 41 countries which together use 80% of global emissions.
The world looks to the Paris Conference of the Parties to deliver a new climate agreement that transforms our development pathway. Success at COP21 can drive and accelerate the transition to a cleaner, healthier and more secure future, locking-in sustainable economic growth and development.
Following is a list of OECD activities and events during the COP21 UN Conference on Climate Change. You can visit the OECD Pavilion in Hall 3 (Blue Zone) at any time to attend events (complete list of OECD events at COP21) and browse OECD reports & dataviz on climate change and the environment. Please contact Catherine Bremer (email@example.com, 0603 483456) for interview requests.
An early leader in environmental policy, the Netherlands has decoupled greenhouse gas emissions from economic growth and virtually eliminated landfilling over the past decade. Yet a very fossil fuel-intensive energy mix and looming pressures from traffic congestion and intensive farming are creating new challenges, according to a new OECD report.
Participants to the Arrangement on Officially Supported Export Credits have agreed new rules on official support for coal-fired power plants, including restrictions on official export credits for the least efficient coal-fired power plants, the OECD announced today.
Brazil has made remarkable social and economic progress in the past two decades, but must now overcome important challenges if it is to put its economy on a stronger, fairer, greener growth trajectory, according to two new reports from the OECD.
Advanced and emerging economies have made progress in addressing climate change, yet most are on a trajectory that would see them fall short of their mitigation goals. Governments need to significantly accelerate their efforts and strengthen their climate change policies.
Public and private finance mobilised by developed countries for climate action in developing countries reached USD 62 billion in 2014, up from USD 52 billion in 2013 and making an average of USD 57 billion annually over the 2013-14 period, according to a new OECD study in collaboration with Climate Policy Initiative (CPI).
Government support to fossil fuel consumption and production in OECD countries and key emerging economies remains high, at USD 160-200 billion annually, according to a new OECD report. This support is hampering global efforts to curb emissions and combat climate change.