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  • 8-April-2021

    English

    Understanding the Spillovers and Transboundary Impacts of Public Policies - Implementing the 2030 Agenda for More Resilient Societies

    The multidimensional and intergenerational nature of the 2030 Agenda for Sustainable Development and the Sustainable Development Goals (SDGs) calls for integrated policies. Progress made in a particular social, economic or environmental area or individual goal may generate synergies and trade-offs across dimensions (spillover effects), and steps taken in one country could have positive or negative impacts beyond national borders (transboundary effects). Assessing the multidimensional and cross-border effects of policies has become even more urgent in the context of COVID-19 containment measures. However, there are gaps in governance and analytical tools for identifying and managing spillover and transboundary effects, posing challenges for governments in designing and implementing sustainability strategies. This book, a collaborative effort by the OECD and the European Commission-Joint Research Centre (EC-JRC) presents a set of new governance and analytical tools, lessons learned from country experiences, and good emerging practices for managing spillover and transboundary effects in the implementation of the 2030 Agenda.
  • 31-March-2021

    English

    OECD Financial Resilience Webinar Series

    31 March 2021 - The fourth webinar in this series looked at gender differences in financial literacy and financial vulnerability before and after the Covid-19 pandemic.

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  • 29-March-2021

    English

    The COVID-19 crisis and banking system resilience

    This paper outlines the findings of a simulation analysis that assesses the extent of the potential rise in bank non-performing loans, taking into consideration assumptions under extensive monetary and fiscal support versus a scenario without continued support measures in keeping with conditions that prevailed in the 2008-2009 Global Financial Crisis.

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  • 29-March-2021

    English

    Measuring the alignment of real economy investments with climate mitigation objectives - The United Kingdom’s buildings sector

    This paper explores data and methods to assess the alignment or misalignment with climate mitigation objectives of investments in the construction and refurbishment of residential and non-residential buildings. It takes the United Kingdom (UK) as a case study, where such investments reached GBP 162 billion (EUR 184 billion) in 2019 or 39% of UK gross fixed capital formation. The analysis trials different reference points that lead to varying results and each currently come with limitations in terms of coverage or granularity. Sector-level greenhouse gas (GHG) trajectories indicate that, in aggregate, investments in UK buildings have been insufficient, delayed or not aligned enough with caps set by UK Carbon Budgets, but such trajectories currently lack disaggregation for a more granular and insightful matching with investment data. Energy performance certificates (EPCs) allow for asset-level analyses: for instance, 79% of 2010-2019 investments in new built residential were in relatively energy efficient buildings but only 1% were consistent with more demanding recommendations towards the UK’s objective of reaching net-zero GHG in 2050. The coverage and reliability of EPCs, however, needs to be improved for older buildings, whose deep retrofitting is a major financing challenge. Applying Climate Bonds Initiative criteria for low-carbon buildings identifies investments eligible for green bond financing, but such criteria have partial sectoral coverage and are based on currently most efficient buildings within the existing stock, which makes them relatively easy to meet for investments in new built. Producing more complete and policy relevant assessments of aligned and misaligned investments at national and sectoral levels requires the availability of and access to comparable and granular data on decarbonisation targets and pathways consistent with the Paris Agreement temperature goals, GHG performance of assets, corporate and household investments, as well as underlying sources of financing.
  • 26-March-2021

    English

    OECD Debt Transparency Initiative

    The promotion of transparency of debt data has become an important issue in the international community. This initiative will operationalise the Voluntary Principles for Debt Transparency so that relevant debt data is collected, analysed and reported.

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  • 25-March-2021

    English

    Fiscal rules for subnational governments - The devil’s in the details

    This paper describes and analyses the fiscal rules for subnational governments (SNGs) in OECD countries immediately prior to the COVID-19 crisis. It is based on information from the 2019 survey of fiscal rules for SNGs by the OECD Network on Fiscal Relations across Levels of Government. The paper analyses the details of the application of these SNG fiscal rules, and shows that the effective stringency of statutorily similar rules may vary greatly.
  • 24-March-2021

    English

    OECD Trust in Business Initiative

    Generating trust is a key factor for establishing conditions of economic development, including the efficient allocation of capital, innovation, productivity and business relationships. This initiative is a platform for leaders to catalyse good corporate conduct, examine market incentives for business decision-making and respond to the expectations of society in meeting current and future challenges.

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  • 24-March-2021

    English

    Sustainable Infrastructure for Low-carbon Development in the EU Eastern Partnership - Hotspot Analysis and Needs Assessment

    This report analyses planned infrastructure projects, decision-making frameworks related to infrastructure development and strategic planning documents in the six countries of the EU Eastern Partnership: Armenia, Azerbaijan, Belarus, Georgia, Moldova and Ukraine. It compares current investment flows with countries' national development objectives to identify misalignments and provides policy-makers with recommendations to improve the integration of climate change and other environmental concerns into infrastructure development decision-making processes. The report presents a comprehensive overview of infrastructure investment, primarily in the transport and energy sectors, throughout the region and identifies the risks and opportunities emerging from current investment patterns.
  • 23-March-2021

    English

    Webinar on Addressing the Protection Gap for Pandemic Risk

    This webinar will look at the impact that the COVID-19 crisis has had on different types of policyholders, the challenges that insurers and reinsurers face in extending greater support and the steps needed to find a solution to ensure that the financial impacts of infectious disease outbreaks are better managed in the future.

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  • 19-March-2021

    English

    Insurance and COVID-19

    The coronavirus (COVID-19) pandemic has provoked a public health crisis without precedent in living memory. Part of the OECD's co-ordinated policy response across countries, this page groups insurance-related responses from the OECD that can help guide the actions of governments, supervisors and industry.

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