"Back to the Future" festivities marking 21 October 2015 as the date Marty and Doc travel to the future in the famous film with Michael J. Fox. If only we had a similar time machine allowing us to travel to 2045 to see what the climate has in store to better decide what policies to adopt today. Alas, no time machine has been invented yet but, in the absence of such a cool device, we can rely on climate and economic models...
This report provides a new detailed quantitative assessment of the consequences of climate change on economic growth through to 2060 and beyond. It focuses on how climate change affects different drivers of growth, including labour productivity and capital supply, in different sectors across the world. The sectoral and regional analysis shows that while the impacts of climate change spread across all sectors and all regions, the largest negative consequences are projected to be found in the health and agricultural sectors, with damages especially strong in Africa and Asia.
More than 150 countries have submitted their post-2020 Intended Nationally Determined Contributions (INDCs) to the United Nations Framework Convention on Climate Change (UNFCCC). Such contributions are vital to the #COP21 climate change conference in Paris this December.
It has become the accepted wisdom that meeting the global climate challenge will require zero net greenhouse gas (GHG) emissions by the end of this century. Read the full op-ed by Gabriela Ramos, OECD Special Advisor to the OECD Secretary-General.
This OECD study, in collaboration with Climate Policy Initiative, provides an up-to-date estimate of public and private climate finance mobilised by developed countries towards their UNFCCC 2010 Cancun commitment, for climate action in developing countries. The study is available in English, in French and in Spanish.
Cost-benefit analyses and other quantitative appraisals are used in many countries to support decision-making in public policy, including investment projects in sectors such as transport and energy. This paper discusses the range of approaches which can be employed to value changes in carbon emissions in policy appraisalsand presents some case studies and a survey of current practice in OECD countries.
The Climate Fund Inventory (CFI) database is a qualitative database of bilateral and multilateral public climate funds. This CFI initiative is in response to the proliferation of the number of climate funds that have been established to support countries with their climate change mitigation and adaptation actions, as well as readiness activities.
La transition vers une économie bas carbone est réalisable, mais nécessite davantage de concertation et de cohérence à travers un éventail de mesures gouvernementales, allant des permis échangeables à des normes strictes.
Climate change is giving rise to diverse risks, ranging from changing incidences of tropical diseases to increased risks of drought, varying widely in their potential severity, frequency and predictability. Governments must integrate the management of these climate risks into policy making if they are to successfully adapt to a changing climate. Economic analysis has a vital role to play in supporting these efforts, by identifying costs and benefits and supporting decision-making for an uncertain future. However, this analysis needs to be adapted to the institutions, policies and climate risks in a given country. Building on the experience of OECD countries, this report sets out how the latest economic evidence and tools can enable better policy making for adaptation.
This report produced in co-operation with the International Energy Agency (IEA), the International Transport Forum (ITF) and the Nuclear Energy Agency (NEA) identifies the misalignments between climate change objectives and policy and regulatory frameworks across a range of policy domains (investment, taxation, innovation and skills, trade, and adaptation) and activities at the heart of climate policy (electricity, urban mobility and rural land use).
Outside of countries’ core climate policies, many of the regulatory features of today’s economies have been built around the availability of fossil fuels and without any regard for the greenhouse gas emissions stemming from human activities. This report makes a diagnosis of these contradictions and points to means of solving them to support a more effective transition of all countries to a low-carbon economy.