Climate change

• Location: Conference Centre - Blue Zone - Delegations Area - Hall 3 - Pavilion 7
  
  

At the request of the OECD Ministerial Council, the OECD, IEA, ITF and NEA joined forces to create a first-of-its-kind diagnosis of policy misalignments restricting the transition to a low-carbon economy. The effectiveness of climate policies is limited by regulatory and policy frameworks outside the specific "climate agenda" that are not aligned or coherent with climate objectives.

The result is that our economies continue to be hard-wired to fossil fuels.

Released in July 2015, Aligning Policies for a Low-carbon Economy identifies policy misalignments and possible solutions across investment, taxation, innovation, trade and adaptation policy, as well as a specific focus on electricity, urban mobility and land-use, all critical for the low-carbon transition.

This event focused on the electricity sector to provide insights on how current electricity market design may be misaligned with climate goals. The discussion benefitted from a range of perspectives on possible policy solutions in different countries.