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Brazil has made tremendous progress in terms of its environmental performance, but rigorous policy implementation remains critically important, according to the OECD’s first-ever Environmental Performance Review of Brazil. Greening the economy can also bring huge social and economic opportunities.
As the world’s most biodiverse country, Brazil is blessed with both the responsibility to protect - and the opportunity to benefit socially and economically from - its abundant natural capital. Moreover, Brazil has long played a leading role in the global dialogue on sustainable development, from the Rio Summit in 1992 to Rio+20 two decades later.
Governments have agreed to work together to hold the increase in global average temperature to below 2°C above pre-industrial levels. Yet, the world is currently on course for a global mean surface temperature increase of around 3-5°C by the end of the century.
The OECD was asked to provide an up-to-date aggregate estimate of mobilised climate finance in relation to the commitment by developed countries to jointly mobilise USD 100 billion a year by 2020 for climate action in developing countries. We have done this work in collaboration with Climate Policy Initiative.
As we approach COP21 it is becoming increasingly clear that more ambition is needed to get us on a 2 degree pathway. But it is not just about committing to emission reduction targets by 2030. Governments need to demonstrate how their policies will credibly put them on a pathway to even deeper reductions.
We know that the adverse impacts of climate change are expected to slow growth and exacerbate poverty. An effective climate response is therefore not only an environmental necessity but an integral part of sustainable development.
Making sense of and communicating data requires imagination and creativity. The bolder and more ambitious we are, the better we can produce, analyse and communicate policy-relevant data to support better water policies for better lives.
This new OECD inventory puts the spotlight on almost 800 spending programmes and tax breaks that governments use to encourage the production or use of fossil fuels. These policies are found in both our member countries and in key emerging economies at national, state and provincial levels.
Without zero net CO2 emissions, temperatures will just keep rising. When I said that two years ago, it was deemed controversial. Today, I’m pleased to see that it has become conventional wisdom and a commonly shared goal – including just last month by the G7 Leaders.
In his remarks to the Business & Climate Summit, the Secretary-General said that business lies at the heart of what we need to achieve on climate action. If Governments produce clear, credible and coherent national policies and clear messages and signals, the full transformative power of business, markets and human ingenuity will be unleashed.