Current carbon prices are falling short of the levels needed to reduce greenhouse gas emissions driving climate change, but even moderate price increases could have a significant impact, according to new OECD research.
The OECD has welcomed the release by China and the US of peer reviews of their fossil fuel subsidies.
The OECD will draw on its multidisciplinary expertise, data, and tools – along with our ground-breaking work on climate finance, fossil fuel subsidy reform, measuring effective carbon prices, and policy alignment for a low-carbon economy – to deliver timely and evidence-based insights for this project, which has four main objectives.
China is joining a group of 48 OECD and non-OECD countries that are members of the OECD Development Centre. The Centre helps decision makers find policy solutions to stimulate growth and improve living conditions in developing and emerging economies. China is also an OECD Key Partner, like Brazil, India, Indonesia, and South Africa, which are already members of the OECD Development Centre.
Air pollution is costing advanced economies plus China and India an estimated USD 3.5 trillion a year in premature deaths and ill health and the costs will rise without government action to limit vehicle emissions, a new OECD report says.
Green Growth in Cities presents the OECD Green Cities Programme’s main findings and policy recommendations, and provides a preliminary approach to measuring green growth in cities
China’s exceptional economic expansion has led to rising energy demand and pollution as well as other environmental pressures. Strong efforts by the government have moderated emissions of some types of air and water pollution from high levels but others, including greenhouse gas emissions, continue to rise. Poor air and water quality threaten human health, create other costs and reduce well-being.
In recent years, rapid industrialisation, intensified agricultural production and urbanisation in the People's Republic of China has brought greater prosperity and higher living standards to many, but it has also created high demand for energy and raw materials, increased pressure on ecosystems and affected health outcomes. China is committed to achieving a green economy.
Workshop on Green Growth Strategy: OECD Green Growth Strategy from the Perspective of Developing Countries, organised in Seoul, 28 October 2010.
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Chinese version of the eco-innovation policies in China report.