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 year 2015 is the International Year of Soils. It is also the year the UN Millennium Development Goals launched in 2000 expire, and are to be replaced by Sustainable Development Goals (SDGs). The 17 goals and their 169 targets cover a vast range of issues, but care for the soil is the foundation of sustainability and is central to practically every SDG.
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.
Substantial fiscal consolidation was achieved under the aegis of the 2003 Fiscal Responsibility and Budget Management Act.