|13.00 - 14.00
How the G20 is working towards a more inclusive world economy - an update on the state of international cooperation
Gabriela Ramos, OECD Chief of Staff, G20 Sherpa and Special Counsellor to the Secretary-General
Discussant: Cornelia Schmidt Liermann, Member of Parliament, Argentina
Nearly 10 years after the global financial and economic crises, the G20 continues to be the premier forum for international economic co-operation. Over time, its mandate has progressed and matured, incorporating medium and long term challenges across its agenda, including engineering not only a stronger, but also a more sustainable and a more inclusive type of global growth. This session aimed to explain how the G20 agenda has evolved and transformed, broadening from an emergency response to the crisis to a more structural, longer-term approach to global economic challenges. It provided an insider experience of the G20 and insights on the role of this global economic governance body, its key achievements and challenges, and the support provided by the OECD to G20 members and successive presidencies. Importantly, it explored the potential of the G20 to foster a more inclusive world economy.
|14.00 - 15.15
Investing in climate, investing in growth // World Energy Outlook – How can we meet climate, energy access and air quality goals?
Anthony Cox, Acting Director for Environment, OECD
Timur Guel, Senior Energy Analyst, Energy Demand Outlook Division, International Energy Agency
Governments around the world face the need to re-invigorate growth while improving livelihoods and urgently tackling climate change. OECD’s work on "Investing in Climate, Investing in Growth" shows that integrating measures to tackle climate change into regular economic policy will have a positive impact on economic growth over the medium and long term. A climate-friendly policy package can increase long-run output by up to 2.8% on average across the G20 by 2050 and if avoided climate damage are also taken into account, this rises to nearly 5%. This session provided an assessment of how to generate inclusive economic growth in the short term, while making progress towards climate goals to secure sustainable long-term growth. It set out the structural, financial and political changes needed to enable the transition.
- Growth, Investment and the Low-Carbon Transition
Energy is fundamental for the achievement of many of the UN’s Sustainable Development Goals (SDGs). Three of them are directly related to the production and use of energy: to ensure universal access to affordable, reliable, sustainable and modern energy services by 2030 (SDG 7); to substantially reduce the air pollution which causes deaths and illness (SDG 3.9); and to take effective action to combat climate change (SDG 13). The IEA’s new Sustainable Development Scenario, published for the first time in the IEA’s World Energy Outlook 2017, integrates all these goals at the same time with the objective to set out an energy sector pathway that leads to a cleaner and more inclusive energy future. This session discussed some of the scenario’s main findings, and what they imply for the energy sector and for energy policymakers.
|15.15 - 15.45
Case study – Making the Paris metropolitan area more resilient to the risk of flooding
Charles Baubion, Policy Analyst, Risk Management, Public Governance Directorate, OECD
Stephane Jacobzone, Counsellor, Public Governance Directorate, OECD
Ensuring the resilience of large cities against major climate risks is a fundamental responsibility of public authorities. In 2014, the OECD assessed the economic impact of a major flood affecting Paris metropolitan area and made a series of recommendations to improve its resilience. Last week, the OECD released a follow-up report on the progress made in implementing its recommendations, and on the future challenges to reduce this risk in a highly fragmented governance framework, just as the Seine is overflowing. This case study shows the value of investing in risk prevention and offers options to overcome governance challenges. The presentation discussed how to create political momentum for reform after major shock events. It highlighted the costs of inaction for decision makers and the need to invest in a resilient future to preserve trust in government.
|15.45 - 16.00
|16.00 - 17.15
What’s the role of trade in inclusive growth?
Ken Ash, Director, Trade and Agriculture, OECD
Discussant: Masahiro Imamura, Member of Parliament, Japan
Public scepticism about trade has grown in many countries, as one part of a wider backlash against globalisation. We need to acknowledge that frustration with ‘the system’ has its roots in some genuine problems. At the same time, we need to acknowledge that trade has helped to improve lives around the world. OECD analysis supports a much more integrated approach to policy making, moving each of us beyond our comfortable silos. Why does trade matter today - or does it - and how can trade contribute to more inclusive growth?
- Making trade work for all
- OECD work on trade
- Inclusive growth
17.15 - 18.30
Doing Politics in New Ways: Co-creation in Politics
Pacôme Rupin, Member of Parliament, France
Amélie de Montchalin, Member of Parliament, France
In recent years, new digital tools have brought vast amounts of information to our fingertips and have changed the way political campaigns are designed and executed, while at the same time intensifying public scrutiny. Rising waves of populism and declining trust in institutions have increased public expectations for government’s attention to their needs. This has led some politicians to work more directly with constituents, bridging divides between policy-makers and citizens by getting them more involved, crowdsourcing ideas for legislation, and encouraging the co-creation of public policies. They are also bringing diverse profiles into politics in an effort to be more representative of the people they serve. All this is changing how institutions everywhere have to think about the concept of “business as usual”. How are politicians in different countries living and doing politics in new ways?