This report provides the first comprehensive study of publicly capitalised green investment banks (GIBs), analysing the rationales, mandates and financing activities of this relatively new category of public financial institution. Based on the experience of over a dozen GIBs and GIB-like entities, the report provides a non-prescriptive stock-taking of the diverse ways in which these public institutions are catalysing private investment in low-carbon, climate-resilient infrastructure and other green sectors, with a spotlight on energy efficiency projects. The report also provides practical information to policy makers on how green investment banks are being set up, capitalised and staffed.
A stern warning for climate change, and our health - Shipping brings us 90% of world trade and has increased in size by 400% in the last 45 years. Cargo ships, tankers and dry-bulk tankers are an essential element of a globalised world economy, but they are thirsty titans and they won’t settle for diet drinks. There are up to 100,000 working vessels on the ocean and some travel an incredible 2/3 of the distance to the moon in one year.
The initials ‘CCS’ usually stand for Carbon Capture and Storage. However, I was with the team in Paris during COP21 promoting the Cap Global Carbon proposal; the mechanism embodied in Cap Global Carbon is Cap & Share, and it occurred to us that the name ‘Carbon Cap & Share’ has the same initials, CCS. Are these two types of CCS complementary or antagonistic? Are they friends or enemies?
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?
Clearly a revolution in the global economy is needed for a heavy reduction of GHG emissions. You may have heard of Carbon Capture and Storage or CCS. This technology prevents CO2 from fossil fuel combustion from accumulating in the atmosphere.
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!
This workshop discussed how public policy can be used to facilitate climate-resilient infrastructure, based on the experiences of practitioners, government officials and other experts. It focused on national policies and initiatives in OECD and emerging economies, and aimed to identify emerging examples of good practice, implementation challenges and evidence gaps.
L’AIE a le plaisir de d'annoncer le 2ème événement de Big IdEAs, nouveau cycle de conférences par des orateurs prestigieux. Le vendredi 29 janvier à 11h30, le professeur Sir David King, représentant spécial du Ministre britannique des Affaires étrangères pour le changement climatique, s’exprimera sur le thème : « Vers une décarbonisation de l’économie mondiale : quelle direction prendre après la COP21 ».
The CCXG Global Forum, held on 8 September 2015 at the OECD, brought together technical negotiators and experts from OECD and non-OECD countries to discuss topics relevant to the UN Framework Convention on Climate Change negotiations. It facilitated a sharing of views on issues in the current negotiations on adaptation, climate support, review processes for mitigation, and long-term signals provided within a climate agreement.
Given the years of preparation – and for some OECD colleagues, a life’s work – my hope was for an enduring, ambitious text, helping us to avoid climate catastrophe. My expectation was far less grand, more closely aligned to the reality of getting 195 countries to adopt an agreement with legal force.