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
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world; a world where rising risk from climate disaster and its financial liabilities are increasingly tied to out-of-date infrastructure, especially in those places least equipped to cope.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.