This edition of Better Policies for Development focuses on illicit financial flows and their detrimental effects on development and growth. Every year, huge sums of money are transferred out of developing countries illegally. The numbers are disputed, but illicit financial flows are often cited as outstripping official development aid and inward investment. These flows strip resources from developing countries that could be used to finance much-needed public services, such as health care and education.
This report defines policy coherence for development as a global tool for creating enabling environments for development in a post-2015 context. It shows that coherent policies in OECD countries in areas such as tax evasion, anti-bribery and money laundering can contribute to reducing illicit financial flows from developing countries. It also provides an update on OECD efforts to develop a monitoring matrix for policy coherence for development, based upon existing OECD indicators of ‘policy effort’. The report also includes contributions from member states. Most illustrate national processes to deal with policy coherence for development beyond 2015.
Climate-related disasters have inflicted increasingly high losses on developing countries, and with climate change, these losses are likely to worsen. Improving country resilience against climate risks is therefore vital for achieving poverty reduction and economic development goals.
This report discusses the current state of knowledge on how to build climate resilience in developing countries. It argues that climate-resilient development requires moving beyond the climate-proofing of existing development pathways, to consider economic development objectives and resilience priorities in parallel. Achieving this will require political vision and a clear understanding of the relation between climate and development, as well as an adapted institutional set-up, financing arrangements, and progress monitoring and evaluation. The report also discusses two priorities for climate-resilient development: disaster risk management and the involvement of the private sector.
The report builds on a growing volume of country experiences on building climate resilience into national development planning. Two country case studies, Ethiopia and Colombia, are discussed in detail.
This report is the first OECD review of Colombia’s environmental performance. It evaluates progress towards sustainable development and green growth, with a focus on waste and chemicals management and policies that promote more effective and efficient protection and sustainable use of biodiversity.
Risk finance is essential for new ventures to commercialise new ideas and grow, especially in emerging sectors. Yet very little is known about the drivers and characteristics of risk finance in the green sector. This paper aims to fill this gap by providing a detailed description of risk finance in the green sector across 29 countries and identifying the role that policies might have in shaping high-growth investments.
LEED and Cedefop organise the second edition of the Green Skills Forum which will bring together experts in innovation, employability and skills development and lessons from work conducted by the OECD, Cedefop, and other organisations on the implications of the green economy for skills development and training policies.
Green skills, that is, skills needed in a low-carbon economy, will be required in all sectors and at all levels in the workforce as emerging economic activities create new (or renewed) occupations. Structural changes will realign sectors that are likely to decline as a result of the greening of the economy and workers will need to be retrained accordingly. The successful transition to a low-carbon economy will only be possible if workers can flexibly adapt and transfer from areas of decreasing employment to new industries. This report suggests that the role of skills and education and training policies should be an important component of the ecological transformation process.
OECD Secretary-General, Mr. Angel Gurría, gives his views in this blog from the World Economic Forum in Davos on the huge risk that carbon dioxide emissions pose to the economy and the environment.
The last decade has seen considerable policy attention to the social economy and its contribution to employment, in particular as regards the inclusion and empowerment of vulnerable workers and the provision of appropriate working conditions.
New international rules on state financing of rail exports will boost the development of cleaner transportation infrastructure and help countries meet green growth objectives, the OECD said.
This LEED project aims to to define key indicators of area-based transition to a low-carbon economy. The objective is to define measurable indicators at regional/local level that can inform over time of transition to low-carbon economic and industrial activities.