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 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?
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.
If we want to get serious about unlocking green investment, we need to get serious about systematically integrating climate risks into our understanding of fiduciary duty.
The starting point is clear: our economies have been hard-wired around fossil fuels for well over a century. This hard-wiring is evident in our physical infrastructure. Perhaps less obvious, but equally problematic, it is also evident in our policies, regulations and institutions.
At the OECD we are doing everything in our power to help governments drive both growth and environmental sustainability.
Continuing down the carbon path will only lead us to a more vulnerable world; a world where rising risk from climate disaster and its financial liabilities are increasingly tied to out-of-date infrastructure, especially in those places least equipped to cope. I therefore applaud Globe’s emphasis on a coordinated approach to the 2015 agenda.
Today, world leaders have called on all countries and businesses to put a price on carbon. I salute that call. The OECD has long advocated for strong, credible, predictable prices on carbon as the cornerstone of cost-effective emissions reductions.
We need both development-smart climate change policies, and climate-smart development finance. The multilateral development banks undoubtedly have important lessons to share.
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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.