2021 P4G Seoul Summit, 30 May 2021


Remarks by Angel Gurría,

Secretary-General, OECD

Paris, 30 May 2021
Transcript of video message

Dear Distinguished Guests,

I am pleased to address the 2021 P4G Seoul Summit focusing on The Green Recovery and 2050 Carbon Neutrality.

COVID-19 has shown us the consequences of neglecting global challenges, of which climate change is the most severe one we face.

Atmospheric CO2 has increased by 50% since the industrial revolution, driving rapid global warming. Deforestation stands at 10 million hectares per year, the size of ocean “dead zones” doubles every decade, and around 1 million species risk extinction. Extreme weather has also become more severe and frequent and we are approaching tipping points for slow onset events.

The OECD Green Recovery Database, measuring data from 43 countries, shows that only about 17% of overall COVID-19 stimulus is green. Worryingly, almost an equal proportion is likely to have a negative or mixed impact. Countries’ shorter-term policies must align with net-zero and also broader well-being goals, as highlighted in our Environment-Inequalities Nexus report.

We have started a new International Programme for Action on Climate (IPAC) to support countries to implement the goals of the Paris Agreement, through a set of climate-related indicators, tailored recommendations and best practices.

Dear friends,

With COP26 taking place in November, it is vital that we seize the moment. The OECD stands with you to deliver ambitious action to achieve net-zero by 2050. Our most important intergenerational responsibility is to preserve and protect the planet.

Thank you.


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