Achieving green growth requires ambitious transition management policies in key sectors such as energy, transport, water and agriculture. Provided that the pace of innovation in a number of these key areas is growing faster than ever before, the Forum examined how to foster the "next industrial revolution" by harnessing the potential of systems innovation policies to support green growth.
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?
This is a watershed day for the world and especially heartening for the OECD as one of the first international bodies to call for zero net emissions in the second half of the century, for a price on carbon and for greater efforts to channel finance into the low carbon economy.
Drought in California has been in the headlines frequently these last three years, with startling pictures of empty reservoirs, rivers and canals, wildfires, disappearing snowpack and dry earth. Yet these dramatic effects have not stopped the agricultural sector from growing.
OECD urges efforts to better price carbon as new analysis finds that 90% of CO2-emissions are priced below EUR 30 per tonne, a low-end estimate of climate damage, and 60% are not priced at all. Effective Carbon Rates in the OECD and Selected Partner Economies calculates effective carbon rates (ECR) on CO2-emissions from energy use for 41 countries which together use 80% of global emissions.
At the OECD we are doing everything in our power to help governments drive both growth and environmental sustainability.
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Policies to Manage Agricultural Groundwater Use - country profile Spain
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Policies to Manage Agricultural Groundwater Use - country profile Portugal
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Policies to Manage Agricultural Groundwater Use - country profile Netherlands
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Policies to Manage Agricultural Groundwater Use - country profile Czech Republic