Paris, 18 September 2019
The UN Climate Action Summit on 23 September marks a potential inflection point ahead of the start of the implementation of the Paris Agreement in 2020. This event will gather and encourage Heads of State and Government to deliver concrete actions to address climate change. Our planet is witnessing dramatic changes in its life-support ecosystems, demanding accelerated action and co-operation among interlinking policy areas impacting climate, biodiversity, well-being and development. 2020 will also be notable for the Convention on Biological Diversity COP15, which should agree the post-2020 strategic framework for biodiversity. Both climate and biodiversity require urgent and ambitious action.
The priority for environmental agendas today is to ensure the well-being of present and future generations. On 23 September in New York during a High-level Event at the UN Climate Summit, co-hosted by the Czech Republic, Latvia and Lithuania, the OECD Secretary-General will launch the report Accelerating Climate Action: Refocusing Policies through a Well-being Lens. By placing well-being at the heart of climate policy, we are rethinking and reshaping our approach to accelerate mitigation actions to achieve well-being benefits. With this new lens, the OECD proposes a change of perspective to identify, promote, and maximise synergies between mitigation policy and other well-being and environmental goals.
This month we also launched other important climate work. Climate Finance Provided and Mobilised by Developed Countries in 2013-17 estimates that USD 71.2 billion of climate finance was provided and mobilised by the public and private sector in 2017. The goal to reach USD 100 billion in annual climate finance by 2020 is still attainable, but we must urgently step up our efforts to provide public climate finance and improve its effectiveness in mobilising private finance.
The Financing Climate Futures: Rethinking Infrastructure initiative, which provides governments with a transformative agenda for climate action, also delivered two new case studies: Blockchain Technologies as a Digital Enabler for Sustainable Infrastructure and Financing climate objectives in cities and regions to deliver sustainable and inclusive growth.
We look forward to seeing ambitious policy action from September 2019, continuing through PreCOP in October and COP 25 in December. We encourage countries to think beyond their own short-term economic interests, and help to reclaim our common future, a future which puts people’s well-being at the centre of policy action.
Thank you for your continued interest in our work.
Director, OECD Environment Directorate