The OECD has produced assessments of country-specific investment strategies in G20 countries in order to improve the investment ecosystem, foster efficient infrastructure investment and support financing opportunities for SMEs. This booklet reproduces the highlights of these assessments which have been transmitted to G20 leaders for consideration at their Summit in November 2015..

Promoting responsible business conduct in the financial sector is vital to building a sustainable global economy. This paper will help institutional investors implement the due diligence recommendations of the OECD Guidelines for Multinational Enterprises in order to prevent or address adverse impacts related to human and labour rights, the environment, and corruption in their investment portfolios.

This publication compiles a series of articles that focus on the impact of digitalisation and technology in the areas of financial markets, insurance, and private pensions. It also discusses the tools and policies needed to ensure that the challenges posed by digitalisation result in better outcomes and better management of the risks involved.

The tax-to-GDP ratio in Korea increased by 1.5 percentage points from 26.9% in 2017 to 28.4% in 2018. The corresponding figure for the OECD average was a slight increase of 0.1 percentage point from 34.2% to 34.3% over the same period.

The tax wedge for the average single worker in Korea increased by 0.3 percentage points from 23.0 in 2018 to 23.3 in 2019. The OECD average tax wedge in 2019 was 36.0 (2018, 36.1). In 2019 Korea had the 31st lowest tax wedge among the 36 OECD member countries, occupying the same position in 2018.

The tax-to-GDP ratio in Estonia increased by 0.4 percentage points from 32.8% in 2017 to 33.2% in 2018. The corresponding figure for the OECD average was a slight increase of 0.1 percentage point from 34.2% to 34.3% over the same period.

The tax wedge for the average single worker in Estonia increased by 1.0 percentage point from 36.2 in 2018 to 37.2 in 2019. The OECD average tax wedge in 2019 was 36.0 (2018, 36.1). In 2019 Estonia had the 19th highest tax wedge among the 36 OECD member countries, compared with the 20th in 2018.

The International Migration Division at the OECD together with the European Commission (DG Employment, Social affairs and Inclusion) organise a conference on migration and mobility and how to match economic migration with labour market needs.

New Zealand, is one of the OECD countries with large and longstanding labour migration. The report finds that by and large, the New Zealand labour migration system is functioning well. Several features of the NZ immigration system, such as the Expression of Interest system, are gradually about to become an example for selection systems elsewhere in the OECD.

The OECD LEED Programme launches this "Call for Initiatives" to extract what local authorities and other actors know works, what the new scenario is demanding and how equipped they are to respond. We are interested in learning from the experiences of EU member countries, the wider OECD area as well as other countries.

The OECD and CEB have led global work on migration for decades: the OECD has contributed analysis, data, knowledge, and tools to inform dialogue and shape policy; and CEB has worked on the frontlines, financing social projects for migrants, refugees, displaced persons, and other vulnerable groups. Given the complementarities between our work, the potential synergies from co-operation are clear.

This article by OECD Secretary-General Angel Gurría addresses the refugee crisis, encouraging governments to seize the opportunity that refugees bring for our economies and societies.

This document provides an overview of the key challenges for Canada’s labour migration system, along with recommendations for future policy making.

This note is taken from Chapter 2 of Economic Policy Reforms: Going for Growth 2011.

This note is taken from Chapter 2 of Economic Policy Reforms: Going for Growth 2012.

This country note provides an environmental tax and carbon pricing profile for Luxembourg. It shows environmentally related tax revenues, taxes on energy use and effective carbon rates.

This note presents marginal effective tax rates (METRs) that summarise the tax system’s impact on the incentives to make an additional investment in a particular type of savings. By comparing METRs on different types of household savings, we can gain insights into which assets or savings types receive the most favourable treatment from the tax system.

This country note for Luxembourg provides detail on the proportion of CO2 emissions from energy use subject to different effective carbon rates (ECR), as well as on the level and components of average ECRs in each of the six economic sectors (road transport, off-road transport, industry, agriculture and fishing, residential & commercial, and electricity).

The tax-to-GDP ratio in Luxembourg increased by 1.4 percentage points from 38.7% in 2017 to 40.1% in 2018. The corresponding figure for the OECD average was a slight increase of 0.1 percentage point from 34.2% to 34.3% over the same period.

The tax wedge for the average single worker in Luxembourg increased by 0.2 percentage points from 38.2 in 2018 to 38.4 in 2019. The OECD average tax wedge in 2019 was 36.0 (2018, 36.1). In 2019 Luxembourg had the 17th highest tax wedge among the 36 OECD member countries, compared with the 18th in 2018.

The latest OECD Environmental Outlook is equally alarmist about “the consequences of inaction”, to quote the book’s subtitle. Terrestrial biodiversity is projected to decrease by a further 10% by 2050.

This paper analyses the determinants of invention in efficiency-enhancing electricity generation technologies that have the potential to facilitate climate change mitigation efforts, including fossil fuel based technologies aimed at reducing carbon emissions, renewables and nuclear technologies.

As we celebrate International Biodiversity Day, the outlook is not very encouraging. Around 12% of birds, 25% of mammals, and at least 32% of amphibians are threatened with extinction over the next century. Humans may have increased the rate of global extinctions by up to 1000 times the “natural” rate typical of Earth’s long-term history.

Cities can generate growth and jobs while becoming greener – this is the message of the OECD’s new Green Growth in Cities report. Drawing on case studies of Paris, Chicago, Kitakyushu and Stockholm, the report identifies green policies that can respond to urban growth priorities and suggests how to implement and finance them.

The OECD Environmental Outlook to 2050: Consequences of Inaction warns that by 2050, under a worst-case scenario, we could see a 10% biodiversity loss; 2.3 billion more people living in water-stressed areas; and a 50% increase in GHG emissions, primarily caused by a 70% growth in CO2 emissions from energy use.

Competitiveness and carbon leakage issues have been some of the main concerns in the implementation and discussions of climate policies. This paper examines the macroeconomic and sectoral competitiveness and carbon leakage impacts associated with a range of stylised mitigation policy scenarios.

For World Environment Day on 5 June 2014, the OECD Environment Directorate looks at how we use and manage natural resources.

This paper presents a framework to include feedbacks from climate impacts on the economy in integrated assessment models. The proposed framework uses a production function approach, which links climate impacts to key variables and parameters used in the specification of economic activity. The paper pays particular attention to the challenges of distinguishing between damages and the costs of adapting to climate change.

This report is the third OECD review of Sweden’s environmental performance. It evaluates progress towards sustainable development and green growth, with a focus on Sweden's longstanding commitment to mitigating emissions of greenhouse gases and its management of marine ecosystem services and water.

This study uses a unique dataset of investment flows to analyse the role of two categories of public interventions (finance and policies) in mobilising flows of private climate finance worldwide and in the more specific context of flows to and in developing countries. The objectives are threefold. Find out more.

The polar bear, floating mournfully away on an ice floe as his habitat melts around him, is perhaps one of the most well-travelled symbols of the impacts of climate change.

Concerns around potential losses of competitiveness as a result of unilateral action on carbon pricing are often central for policy makers contemplating the introduction of such instruments. This paper is a review of literature on ex post empirical evaluations of the impacts of carbon prices on indicators of competitiveness as employed in the literature, including employment, output or exports, at different levels of aggregation.

This joint OECD/France conference to be held in Paris on 16 September 2015 will aim to lay the foundation for the international effort which is needed on public policy options and economic incentives to support food security, the fight against climate change and adaptation to climate change while integrating soil issues in that effort.

To increase transparency and improve understanding of different countries’ situations, the OECD has developed an interactive map that brings to life key climate change mitigation statistics and policy settings. The webinar on Monday 16 November 2015, 15h00-16h30 (Paris time) consisted of a summary of the main messages of the report "Climate Change Mitigation: Policies and Progress" and a demonstration of the interactive tool.

This report on climate change disclosure in G20 countries takes stock of mandatory climate change reporting schemes in G20 countries and identifies commonalities and divergences between the various schemes.

This paper presents the first empirical analysis of the macroeconomic relationship between environmentally related taxes and inequality in income sources. The analysis also investigates whether this relationship differs between countries which have implemented environmental tax reforms (ETRs) and ones which have not.

The initials ‘CCS’ usually stand for Carbon Capture and Storage. However, I was with the team in Paris during COP21 promoting the Cap Global Carbon proposal; the mechanism embodied in Cap Global Carbon is Cap & Share, and it occurred to us that the name ‘Carbon Cap & Share’ has the same initials, CCS. Are these two types of CCS complementary or antagonistic? Are they friends or enemies?

The OECD will convene its 6th Workshop on Regional trade agreements and the environment on 10 June 2016, at the OECD Headquarters. The focus of the workshop will be on chapters of regional trade agreement (RTAs) that are concerned mainly with issues other than the environment, such as market access, investment, or government procurement, TBT, regulatory coherence or dispute settlement.

This report examines the implications of regional climate governance for international trade and conversely the implications of regional trade governance for climate change action. Regional approaches to climate change governance are discussed with a specific focus on the rise of “climate clubs” and their implications for international trade.

This paper details a methodology for calculating the extent of terrestrial and marine protected areas recorded in the World Database on Protected Areas by country, type and IUCN management categories. The method allows the data on protected areas to be summarised in a harmonised and more detailed way than is currently available, without requiring any additional reporting by countries.

This Policy Paper summarises key messages about the economic case for water investment, the barriers to investment and the financing gap. It charts a course for action to better value water and to facilitate water investment at scale. The Roundtable on Water Financing, a joint initiative of the OECD, the World Water Council and the Netherlands, will continue to deepen the evidence base and broaden engagement on these issues.

4-5 October 2018, Germany - Jointly organised by the OECD and the Deutsche Gesellschaft für Internationale Zusammenarbeit on behalf of the German Federal Ministry for Economic Cooperation and Development, the conference aimed to discuss innovative applications of blended finance as the strategic use of development finance for the mobilisation of finance towards sustainable development in developing countries in the water sector.

A co-ordinated policy response is needed to ensure that new and existing infrastructure networks are resilient to climate change. This Policy Paper outlines a framework for achieving this based on the experiences in OECD and G20 countries. It shows how governments and businesses can collaborate to mobilise investment for climate-resilient infrastructure.

The purpose of this study is to investigate the effect of congestion pricing on the demand for clean transport modes. It draws on an empirical analysis of the effect of Milan’s congestion charge on the use of bike sharing. The analysis indicates that congestion pricing increases daily bike-sharing use by at least 5% in the short term.

Based on an in-depth literature review and responses to a survey among OECD member countries, this paper discusses the use of flexibility mechanisms in environmental regulations. The literature on these issues is limited, but it is clear that some such mechanisms can have important environmental and economic impacts.

Environment at a Glance is the OECD platform for environmental indicators. It gives access to the most recent data through interactive graphics and provides key messages on major environmental issues. The indicators shown provide a tool to track environmental performance and progress towards sustainable development.

This paper reviews ex-post empirical assessments on the impact of carbon pricing on competitiveness in OECD and G20 countries in the electricity and industrial sectors. Most of these assessments find no statistically significant effects of carbon pricing or energy prices on different dimensions of competitiveness, including net imports, foreign direct investments, turnover, value added, employment, profits, productivity, and innovation.

This report investigates in what ways Regional Trade Agreements (RTAs) could incorporate environmental objectives in chapters and articles related to subsidies for energy and environmental goods. It highlights the current state of play in incorporating provisions related to environmentally related subsidies in RTAs.

This report aims to help environmental and other competent authorities in OECD countries to promote green business practices among small and medium-sized enterprises (SMEs). It analyses different ways to establish environmental regulatory requirements for facilities with low environmental risk (most of which are SMEs).

Ports are the nervous system of global trade. Over 80% of world cargo (by volume) is transported by sea. Our efforts to raise the efficiency, competitiveness and sustainability of ports can help boost trade, growth and jobs. It can also help us to promote green growth and development in the poorest regions, said OECD Secretary-General.