Environment in emerging and transition economies

This report aims to shed light on how EECCA countries and development co-operation partners are working together to finance climate actions, using the OECD DAC database to examine finance flows by provider, sector, financial instrument, channel, etc. A significant amount was committed by international public sources to the 11 countries comprising the EECCA in 2013 and 2014, but the scale of such finance varies considerably from country to country and is insufficient to achieve and strengthen their climate targets communicated through the Intended Nationally Determined Contributions COP21.

This meeting, held on 24-25 November at the OECD Headquarters, brought together EECCA and OECD countries as well as partner organisations to shape the work of the GREEN Action Programme, to determine how to continue the existing co-operation with governments and civil societies in order to help implement policies that are economically efficient, environmentally sustainable and socially acceptable.

A major challenge facing the Republic of Buryatia, subject of the Russian Federation, is how to balance the task of protecting Lake Baikal – a unique water object and ecological system included in the UNESCO list of World Natural Heritage Areas – with the need for dynamic and sustainable socio-economic development of the republic.