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Enormous investments are required to transition towards green growth. Government policy action is often needed to unlock private investment in support of green growth. Lack of clarity and consistency in government commitments to environmental and climate policy is a key barrier. In addition, barriers to international trade and investment hamper green investment.
As Mexico seeks to boost economic growth, pressures on its natural resources and environmental outcomes may intensify, jeopardizing the sustainability of that growth and the well-being of the population.
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Headlines: 2013 Green Growth and Sustainable Development Forum: How to Unlock Investment in Support of Green Growth?; OECD Economic Survey: China 2013,Green Growth in Emerging and Developing Asia, Urban Green Growth in Dynamic Asia, IEA Southeast Asia Energy Outlook; UNFCCC COP19; Carbon Pricing: The Cornerstone of Climate Policy; OECD LEED-GIZ Workshop on Enabling Green and Inclusive Markets Through Green Skills Development.
Environmental goods and services are now a bigger driver of Austria’s economy and job market than traditionally strong sectors like tourism and construction, thanks to the government’s policy of subsidising green investments, a new OECD report shows.
This report is the third OECD review of Austria’s environmental performance. The report evaluates Austria's progress towards sustainable development and green growth, with a focus on chemicals management and climate change adaptation.
Carbon taxes and emission trading systems are the most cost-effective means of reducing CO2 emissions, and should be at the centre of government efforts to tackle climate change,according to a new OECD study.
This paper examines how institutional investors can access green infrastructure, the extent to which this is currently happening, and the barriers to scaling up these investment flows. Based on four case studies, broader lessons are drawn for governments on the policy settings which may support investment in green infrastructure by institutional investors.
This report synthesises the experience of OECD countries in developing and implementing policies, programmes and initiatives related to green growth in the agricultural sector, based primarily on material provided by governments. It discusses the overall approach that countries are taking towards establishing a green growth strategy in agriculture; the implementation of the OECD framework for monitoring progress towards green growth in agriculture; and the various policy instruments used.
A key conclusion is that, while most countries have some policies in place that relate to the concept of green growth, the degree of ambition shows considerable variation. A wide range of instruments and a variety of “policy mixes” are currently applied across OECD countries, with the majority of countries appearing to have strategic objectives covering a wide range of subjects related to green growth, particularly in the area of improving energy efficiency and reducing the carbon footprint of agriculture. A coherent overall policy framework that has clear objectives, sets R&D priorities, and policy measures that are targeted and implemented at the appropriate levels are essential to establish a comprehensive strategy for green growth in agriculture.
Governments need to put together the optimal policy mix to eliminate emissions from fossil fuels in the second half of the century. Cherry-picking a few easy measures will not do the trick. There has to be progress on every front, notably with respect to carbon pricing, and that is what peer review and learning from best practice should help achieve, said OECD Secretary-General.
Credible and consistent carbon pricing must be the cornerstone of government actions to tackle climate change, according to a new OECD report.