The NORA region is a transnational area comprising the Faroe Islands, Greenland, Iceland and coastal Norway. This review recommends strengthening co-operation across the region to improve accessibility, diversify the economic base, and ensure sustainable development of fisheries.
Norway is pursuing ambitious, forward-thinking energy policies, but could go further in its efforts to become a low-carbon economy, the International Energy Agency (IEA) has concluded in a review published on 15 March 2011.
Norway’s large potential for hydropower generation is an asset, as European electricity markets are integrating and variable renewable energy generation is set to increase. More cross-border interconnections are needed to realise the full potential of hydropower for balancing variations in demand and supply in the regional market. Increased interconnections would also improve electricity security in Norway in times of low hydropower availability. Gas-fired power plants should also be considered for use for the same purpose.
In order to meet its ambitious targets to reduce greenhouse gas emissions, Norway needs to step up efforts at home. Although the dominance of low-carbon electricity in the energy mix limits the scope for domestic measures, large potential for emission reductions remains in oil and gas production, manufacturing and transport. However, measures to promote energy efficiency and renewable energy should be carefully designed, because they often focus on electricity and would thus not reduce emissions. Recent large increases in spending on energy RD&D and ongoing efforts to develop carbon capture and storage are very welcome.
Fisheries reform is driven by economic forces, not environmental crisis. Policy makers must involve all stakeholders in supporting and sustaining reforms, as seen in these case studies of Iceland, Korea, Mexico, Norway and New Zealand.
This report summarises the legal and regulatory framework for transparency and exchange of information for tax purposes in Norway.
The unique OECD peer review process has helped improve public policy. It assesses how countries manage the design, adoption and enforcement of regulations according to a conceptual framework. It ensures comparability while taking account of institutional and cultural differences across countries.
Sustainable development is a key theme in policy making in Norway. Norway can and should follow through more strongly the logic of its pioneering use of economic incentives to further sustainability goals.
The workshop’s goal was to discuss and identify lessons learned from experience to date of Internet intermediaries in helping to advance public policy objectives, namely their roles and responsibilities for actions by users of their platforms.
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Agreement between Norway and Grenada for the exchange of information relating to tax matters