This 2011 review of energy policy in Greece finds that increasing competition and reducing the role of the state in the energy sector should add efficiency and dynamism to the economy. This, in turn, should help generate self-sustained employment and prosperity for the country.
Reforming the electricity and gas markets is an economic and political imperative. In particular, regulatory authorities must be given the necessary power and independence to reduce the market power of dominant firms. Commendably, Greece adopted a law to this end in August 2011. The envisaged reforms are fundamentally sound and can help the economy grow. The governmentfs key focus should now be on implementing this law in full without delay.
Greece has a large potential for wind and solar energy and is rightly determined to fulfill this potential. The renewable energy sector also provides opportunities for new industrial development, in particular if linked with R&D activities. To facilitate renewable energy projects, the government recently improved investment conditions significantly by increasing feed-in tariffs, shortening and simplifying the licensing procedures and introducing stronger incentives for local acceptance.
Greecefs oil and gas sources are already well diversified. Gas use is projected to increase, as the country moves to decarbonise its coal-dominated power sector. Experience from IEA member countries has shown that enhancing energy efficiency can help improve energy security in a cost-effective way. This, in turn, can help mitigate climate change and deliver economic benefits.
Investing in and managing water and sanitation is a complex challenge. In the context of the Global Forum on Environment this week, OECD looks at the financial realities of funding water infrastructure.
On the occasion of its 35th Anniversary in 2009, the International Energy Agency published the first edition of the Scoreboard focusing on 35 Key Energy Trends over 35 Years. In parallel, the IEA published Implementing Energy Efficiency Policies: Are IEA Member Countries on Track?. Both publications found that although IEA member countries were making progress in implementing energy efficiency, more work was needed.
In the 2011 edition of the Scoreboard, the IEA has decided to focus on energy efficiency. The publication combines analysis of energy efficiency policy implementation and recent indicator development. The resulting Scoreboard 2011 provides a fuller picture of the progress as well as the challenges with implementing energy efficiency policy in IEA member countries.
This Inventory provides reliable and comparable data on support or tax expenditures for fossil fuel production or use in OECD countries. Reforming fossil fuel subsidies can contribute to achieving economic and fiscal objectives, while also tackling environmental problems like climate change.
New Zealand, as a resource based economy anxious to protect and promote its clean and green image, appropriately sees green growth as a natural direction for future development.
The degradation of the environment due to climate change and pollution can harm living standards and damage growth prospects.
Inducing environmental innovation is a significant challenge to policy-makers. Efforts to design public policies that address these issues are motivated by the fact that innovations can allow for improved environmental quality at lower cost.
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This document offers a general introduction to sustainable impact assessment (SIA). SIA is an approach for exploring the combined economic, environmental and social impacts of a range of proposed policies, programmes, strategies and action plans.
The New Growth Strategy aims to create demand and jobs through regulatory reform and fiscal measures.
This post from the OECD Insights Blog discusses OECD's new study, "Fostering Innovation for Green Growth" and what governments can do to promote innovation and specific issues such as green innovation.