I am delighted to be taking part in the Stockholm Junior Water Prize Ceremony. This year marks the 20th anniversary of this prize; it is a unique event and one that combines three topics which are close to my heart: water, innovation and youth.
We have assembled energy planning authorities, nuclear vendors, safety regulators, electricity market regulators, utilities, bankers and export credit agencies. The perspectives that each of you bring to this conversation is essential in finding new solutions to financing nuclear projects, essential in rising to the challenge of climate change.
During most of the roughly three decades since climate change became a global concern, governments optimistically assumed that a green transition would happen naturally over time, as rising fossil-fuel prices nudged consumers toward low-carbon alternatives. But today, with fuel prices so low, what can be done to change consumption patterns?
The OECD has stood with you on the front lines of the global fight against climate change for decades. Indeed, you may recall that the "polluter pays" principle was spearheaded by the OECD back in 1972.
Cloudy head on climate change? Join the webinar on Wednesday 30 March 2016 from 1-2 pm (Paris time) with Professor Per Espen Stoknes on What we think about... when we try not to think about... global warming!
Remarks made at Session VIII – Green Finance and Climate Finance at the G20 Finance Ministers’ and Central Bank Governors’ Meeting
The IEA is pleased to announce the second event in its new distinguished speaker series, Big IdEAs, which brings global leaders and decision makers to the IEA to share their views on a range of global issues. On Friday 29 January starting at 11h30, Professor Sir David King, the UK Foreign Secretary’s Special Representative for Climate Change, will speak on "Towards decarbonising the global economy".
The hard work starts now. The Intended Nationally Determined Contributions (INDCs) to cut emissions submitted by 160 countries – even if fully implemented – do not add up to the level of emissions reduction needed to keep the global average temperature rises below 2 degrees. So how can we close this emissions gap?
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.
We have more and more evidence about the risks that climate change poses to our planet. But climate change also threatens the long-term health and stability of financial markets and the global economy. And we don’t know nearly enough to understand and measure these risks.