The Latvian economy is thriving, with strong job growth driving convergence with more advanced economies. Efforts should now focus on reducing inequality, responding to the challenges posed by population ageing and making growth stronger, inclusive and greener, according to two new OECD reports.
Rapid economic development and climate change are increasing our vulnerability to natural disasters, and a new joint OECD-World Bank report calls for pro-active management of the financial costs of those disasters before they strike.
Turkey will see its greenhouse gas emissions continue their steady rise of recent years without concrete actions to improve energy efficiency and increase the use of renewable energy sources, according to a new OECD report.
Australia has made some progress replacing coal with natural gas and renewables in electricity generation yet remains one of the most carbon-intensive OECD countries and one of the few where greenhouse gas emissions (excluding land use and forestry) have risen in the past decade. The country will fall short of its 2030 emissions target without a major effort to move to a low-carbon model, according to a new OECD report.
Emissions curbs set by the European Union’s Emissions Trading System, Europe’s main tool for reducing carbon emissions, have not hurt revenue, profits or employment at firms subject to the cap-and-trade programme over 2005-2014, according to a new OECD report.
Public climate finance from developed to developing countries totalled USD 56.7 billion in 2017, up 17% from USD 48.5 billion in 2016, according to new data compiled by the OECD.
The OECD, UN Environment and World Bank Group today called on leaders of G20 countries to do more to enable a radical shift of investment into low-carbon, climate-resilient infrastructure as a way to limit the impact of climate change.
The world’s consumption of raw materials is set to nearly double by 2060 as the global economy expands and living standards rise, placing twice the pressure on the environment that we are seeing today, according to a new OECD report.
Three years on from the commitments made at COP21 in Paris, the overwhelming majority of governments have not taken the necessary action to contain growing risks to the climate. With emissions on the rise again, OECD governments need to get serious about shifting their economies to a low-carbon model and stop investing in carbon-intensive infrastructure.
Governments need to raise carbon prices much faster if they are to meet their commitments on cutting emissions and slowing the pace of climate change under the Paris Agreement, according to a new OECD report.