Taxes are effective at cutting harmful emissions from energy use, but governments could make better use of them. Greater reliance on energy taxation is needed to strengthen efforts to tackle the principal source of both greenhouse gas emissions and air pollution, according to a new OECD report.
The OECD’s third Environmental Performance Review of Switzerland finds that despite being one of the greenest OECD countries in terms of energy supply, greenhouse gas emissions and domestic material consumption per unit of GDP, Switzerland urgently needs to address pressures on its biodiversity.
International cooperation is now more critical than ever, OECD Secretary-General Angel Gurría said following a G20 Leader’s Summit marked both by controversy but also advances on a range of policies to tackle global challenges.
Many countries have become more efficient in using natural resources and the services provided by the environment, generating more economic output per unit of carbon emitted and of energy or raw materials consumed. Yet progress is too slow, and if emissions embodied in international trade are included, advances in environmental productivity are more modest, a new OECD report shows.
Integrating measures to tackle climate change into regular economic policy will have a positive impact on economic growth over the medium and long term, according to a new OECD report prepared in the context of the German Presidency of the G20.
This report uses household level data covering 20 OECD countries to analyse energy affordability at current energy prices and explores how these indicators change in response to a simulated energy tax reform. The report finds that higher energy prices, needed to cut harmful carbon emissions and air pollution, can also help achieve social policy objectives.
Korea has improved access to environmental services and become a world leader in climate change mitigation technology.
Estonia needs to move faster to reduce its dependence on oil shale so it can advance towards a greener economy and reduce air pollution and waste generation, according to a new OECD report.
Despite a challenging global environment, the growth prospects of Emerging Asia (Southeast Asia, China and India) remain robust over the medium term, according to the latest edition of the OECD Development Centre’s Economic Outlook for Southeast Asia, China and India.
The scale of the transition to a green, low-emissions and climate-resilient economy is enormous – it is the biggest structural adjustment ever proposed in the field of international governance. The OECD Centre will catalyse and support the transition to a green, low-emissions and climate-resilient global economy through the development of effective policies, institutions and instruments for green finance and investment.