Two new OECD reports provide wide-ranging evidence of how reforming subsidies and tax breaks for fossil fuels can help countries boost finances and meet green objectives.
Mexico is faced with difficult trade-offs as it pursues its economic, social and environmental goals. Like other emerging economies Mexico is balancing the need to protect its natural resources with the need to address high levels of income inequality and poverty.
Worldwide, 62 billion tons of natural resources – minerals, wood, metals, fossil and biomass fuels, and construction material – are extracted. On average, that’s almost 10 tons for every person on the earth. Of that, about one fifth ends up as waste and must be reused, recycled or disposed of in a way that is safe for people and the environment.
Rio+20 faces challenges that the Rio Earth Summit could not have foreseen: a growing gap between the rich and the poor, a global economic crisis, and some 2 billion more people by 2050 relying on the planets natural resources and the environment.
Cities are ready to lead efforts to green the economy, concluded participants of the OECD Roundtable of Mayors and Ministers meeting in Chicago on March 8th, 2012.
Governments must look to the green economy to find new sources of growth and jobs. They should put in place policies that tap into the innovation, investment and entrepreneurship driving the shift towards a greener economy.
To mark the final report of the UN High Level Advisory Group on Climate Change Financing (AGF), OECD Secretary-General Angel Gurría wrote an op-ed entitled “Closing the Gap on Climate Finance” for Danish business newspaper Børsen on 7th November 2010.
The Third Annual Meeting of the OECD Roundtable of Mayors and Ministers on “Cities and Green Growth” concluded that national and city leaders must work together to increase cities’ ability to promote green growth.
The OECD and the European Investment Bank have agreed to share their expertise in support of economic co-operation and sustainable development. OECD Secretary-General Angel Gurría and EIB President Philippe Maystadt signed a co-operation agreement to that effect today in Paris.
Secretary-General Gurría called for the need to agree on common international targets in areas such as innovation and green growth predicting "they could become the overarching umbrella for the G20 Framework’s structural agenda".Gurria's remarks to G20 leaders reflected the fact that the focus on structural policies will constitute the principal element of the OECD's contribution to future work on the G20 Framework Strong, Sustainable