This policy paper is an output of the OECD Environmental Policy Committee (EPOC) and its Working Party on Climate Change (WPCC). The work was undertaken under the overall supervision of Walid Oueslati, Head of the Climate, Biodiversity and Water Division of the OECD’s Environment Directorate as well as Jaime de Bourbon de Parme, Director of the OECD’s Environment Directorate.
The paper was prepared by Max Böhringer, Coline Pouille, Marcia Rocha and Elisa Lanzi (all from the OECD Environment Directorate) with modelling inputs from Jean Chateau (OECD Economics Department).
The Secretariat would like to thank the delegates of the Working Party on Climate Change (WPCC), the Working Party on Finance and Investment for Environmental Goals (WPFIEG) and the Environmental Policy Committee (EPOC) for their helpful comments and valuable feedback on earlier drafts of this paper. Particular thanks are expressed to the Department of Forestry, Fisheries and the Environment (DFFE), the National Treasury and the Presidential Climate Commission (PCC) of South Africa as well as the Federal Ministry of Environment, Climate Action, Nature Conservation and Nuclear Safety of Germany (BMUKN) for their valuable review and feedback on the paper.
The authors are grateful to Julia Wanjiru from the OECD Environment Directorate for providing thorough substantive and editorial reviews. The authors would also like to acknowledge the comments and suggestions received from Sirini Jeudy-Hugo, Yuval Laster, Virginie Marchal, Walid Oueslati and Deger Saygin (OECD Environment Directorate), Jean Château and Nikki Kergozou (OECD Economics Department), Andrea Garnero (OECD Directorate for Employment, Labour and Social Affairs) and Andrew Marquard (University of Cape Town). The authors also express their appreciation to Sora Choi (OECD Environment Directorate) for formatting and co-ordination support. The preparation of the paper also benefited from in-country support provided by SouthSouthNorth (SSN), including feedback and facilitation of engagement with national stakeholders.
Finally, the Secretariat would like to gratefully acknowledge the financial contribution of the Federal Foreign Office and the Federal Ministry of Environment, Climate Action, Nature Conservation and Nuclear Safety (BMUKN) of Germany to the project.