The OECD has welcomed the release by China and the US of peer reviews of their fossil fuel subsidies.

Current carbon prices are falling short of the levels needed to reduce greenhouse gas emissions driving climate change, but even moderate price increases could have a significant impact, according to new OECD research.

‌Environment Ministers from OECD and key partner countries gathered in Paris on 28-29 September 2016 to discuss the environmental challenges facing the world and how to promote effective and efficient policy responses, under the guidance of the Chair, Minister Nick Smith (New Zealand) and the Vice-Chairs, Minister Irena Majcen (Slovenia) and Vice-Minister Marcelo Mena Carrasco (Chile).

This Global Forum, held on 24-25 October 2016, aimed to shed light on the links between environment and economic growth, and the toolkits to quantify these links. It provided a platform to explore how a well-managed natural environment can contribute to economic growth and how an effective and efficient regulatory system can best be designed?

This brief is a contribution to the 22nd Conference of the Parties to the United Nations Framework Convention on Climate Change (COP22) and a submission of recommendations for the renewal of the Lima Work Programme on Gender. It provides an overview of how well members of the OECD Development Assistance Committee (DAC) are integrating gender equality into their bilateral aid to climate change.

The world must ramp up its efforts to use natural resources more sustainably and conserve biological diversity and the ecosystems on which we depend for human life, the OECD today told participants at the COP13 Convention on Biological Diversity in Cancun, Mexico.

This study was one of the first attempts to evaluate and quantify the benefits of transboundary co-operation between Georgia and Azerbaijan. A specific framework for inventorying these benefits, taking into account all the different dimensions of transboundary water management, was built and applied to the major transboundary water bodies.

New evidence on the effect of energy prices on outward FDI can provide some reassurance in light of concerns about Pollution Havens.

This paper surveys a broad range of studies and highlights the main findings of the empirical literature regarding business finance and productivity.

Korea has improved access to environmental services and become a world leader in climate change mitigation technology.

New Zealanders enjoy a high environmental quality of life and access to pristine wilderness. However, New Zealand’s growth model, based largely on exploiting natural resources, is starting to show its environmental limits with increasing greenhouse gas emissions and water pollution, according to a new OECD report.

Developing countries are disproportionately affected by the rising trend of losses from climate-related extreme events. This paper uses case studies of Colombia and Senegal to examine how countries are using financial protection as part of their approaches to managing climate risks; it also identifies emerging priorities for development co-operation providers in supporting financial protection against climate risks.

This report provides an analysis of how climate change damages may affect international trade in the coming decades and how international trade can help limit the costs of climate change. It analyses the impacts of climate change on trade considering both direct effects on infrastructure and transport routes and the indirect economic impacts resulting from changes in endowments and production.

This paper describes MOLES 1.0, an integrated land-use and transport model developed with Object-Oriented Programming principles in order to combine selected characteristics from Spatial Computable General Equilibrium and microsimulation models. MOLES 1.0 models the links between urban land use, mobility patterns, urban economic activities and their environmental impacts, in particular air pollution and emissions of greenhouse gases.

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.

OECD overview report on Employment Implications of Green Growth: Linking jobs, growth and green policies to the G7 Environment Ministers held on 11-12 June 2017 in Bologna.

This paper presents updated results for the cost of ambient air pollution in 41 countries: the 6 major emerging economies known as the BRIICS – Brazil, Russia, India, Indonesia, China and South Africa – and the 35 OECD member countries.

“National governments must take the lead and do so with a recognition that they are part of a global effort.” Speaking last week at the Munk School of Global Affairs in Toronto, OECD Secretary-General Angel Gurría urged countries not to retreat behind their national borders in dealing with climate change. Read the full blog.

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.

The world’s oceans are being damaged by a constant and unprecedented accumulation of waste known as marine debris. The waste, mostly from effluent human activities, is brought to the oceans through currents and often carried far from where it originated.

The OECD’s third Environmental Performance Review of Switzerland finds that despite being one of the greenest OECD countries in terms of energy supply, greenhouse gas emissions and domestic material consumption per unit of GDP, Switzerland urgently needs to address pressures on its biodiversity.

With marine biodiversity deteriorating at an alarming rate, there will soon be little left of the “octopus’s garden” that The Beatles once sang about. According to "Marine Protected Areas: Economics, Management and Effective Policy Mixes", pollution, overfishing and rising temperatures have damaged or destroyed 60% of the earth’s marine ecosystems.

Ending poverty and combating climate change: two years after the adoption of the UN Sustainable Development Goals and the Paris Climate Agreement, these inter-related challenges remain as daunting as ever, not least in developing countries.

One focus of tomorrow’s One Planet Summit, organised by President Macron, is “to determine how those working in public and private finance can innovate to support and accelerate our common efforts to fight climate change.”

Our response to the climate challenge will define our collective future for generations to come. We must act. We must act swiftly, collectively, and decisively.

OECD Secretary-General Angel Gurría announced today at the One Planet Summit in Paris the launch of the “Paris Collaborative on Green Budgeting”, a strategic initiative to assess and drive the alignment of national budgetary processes with the Paris Agreement and other environmental goals.

On the occasion of the One Planet Summit, read our latest OECD Observer articles focusing on the challenges and opportunities for climate action, particularly in the area of green finance and investment.

The wet and verdant expanse of the Mekong Delta’s rivers and farms is a veritable rice bowl for the world. Not only do the region’s paddies produce half of Viet Nam’s rice crop yearly, the country is the world’s third largest rice exporter, with 17% of world exports of paddy rice. Our analysis identifies Viet Nam as facing the world’s fourth highest water risks for rice production.

“We are launching the “Paris Collaborative on Green Budgeting” within the framework of our zero-emission objective,” French president Emmanuel Macron said at the global climate financing summit. The OECD has brought together a cross-disciplinary group of environmental, tax, budget and fiscal affairs experts who will partner with countries to help them assess and improve their budgets and fiscal policies for climate resilience.

Action to prevent the risk of major flooding in Paris and the Ile de France region has improved in recent years – particularly after the Seine burst its banks in May and June 2016 – but urban and territorial planning needs to be better adapted, governance strengthened and long-term funding clarified, according to the OECD.

Taxes are effective at cutting harmful emissions from energy use, but governments could make better use of them. Greater reliance on energy taxation is needed to strengthen efforts to tackle the principal source of both greenhouse gas emissions and air pollution, according to a new OECD report.

This paper summarises efforts in two West African countries – Mauritania and Guinea-Bissau – to mobilise international finance to sustain the marine biodiversity upon which fisheries depend, and to establish conservation trust funds. The countries study draws on the 2017 OECD report The Political Economy of Biodiversity Policy Reform.

We are losing diversity of life on Earth at an alarming rate – one tenth of the world’s terrestrial biodiversity and one third of freshwater biodiversity has been wiped out since 1970. And we’re on course to lose another 10% of terrestrial species by 2050.

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.

This report focuses on the extent to which governments have complied with the environmental commitments made in the trade agreements to which they are a Party. The report takes a two track approach. First, a review of implementation and evaluation reports associated with environmental provisions in such agreements is performed. Second, a survey of government officials, trade negotiators and other experts is carried out.

This paper reviews the existing literature on modelling the macroeconomic consequences of the transition to a circular economy. It provides insights into the current state of the art on modelling policies to improve resource efficiency and the transition to a circular economy by examining 24 modelling-based assessments of a circular economy transition.

The OECD proposes to conduct a first-of-its-kind review of Indonesia’s green growth policies, with the co-operation of four Ministries.

The Paris Collaborative on Green Budgeting was launched by the OECD Secretary-General Angel Gurría at the One Planet Summit in Paris on 12 December 2017. It aims to design new, innovative tools to assess and drive improvements in the alignment of national expenditure and revenue processes with climate and other environmental goals.

The Czech economy is thriving, with robust employment, expanding exports and falling government debt. Efforts should now focus on boosting workforce skills and innovation to improve labour supply and productivity, further reduce poverty and inequality, and green the economy, according to two new OECD reports.

10-12 July 2018 - Within the margins of the meeting of the Subsidiary Body on Implementation under the Convention on Biological Diversity, the Forum examined the opportunities and challenges with regard to biodiversity mainstreaming in national economic and development policy and across different sectors (e.g., agriculture, forestry, fisheries, energy and mining).

12 September 2018, San Francisco - Cities and regions are critical financial actors in the global response to climate change, and particularly in the infrastructure. This expert panel will discuss how national and sub-national governments, as well as private actors, can scale up subnational financial flows to transition to low-carbon, resilient and inclusive cities, presenting the findings from OECD and World Bank studies.

This paper aims to test whether the inclusion of environmental provisions in Regional Trade Agreements has contributed to the improvement of environmental quality among the Parties to these agreements through empirical modelling and analysis. Three indicators are considered as a proxy for environmental quality: concentrations of suspended particulate matter less than 2.5 microns, sulphur dioxide and nitrogen oxide.

This Policy Paper comprises the Background Report prepared by the OECD for the G7 Environment, Energy and Oceans Ministers (19-21 September, Canada). It provides an overview of current plastics production and use, the environmental impacts that this is generating and identifies the reasons for currently low plastics recycling rates, as well as what can be done about it.

This Policy Paper comprises an Issue Brief and Background Report prepared by the OECD for the G7 Environment, Energy and Oceans Ministers (19-21 September 2018, Canada). It outlines the rising risks faced by coastal communities, which are being exacerbated by climate change; and shows how governments can harness innovation to help improve resilience and emphasises the need for close engagement with coastal communities.

On 25 September 2018 in New York, the OECD, UN Environment and the World Bank Group hosted a high-level panel discussion on their joint initiative “Financing Climate Futures: Rethinking Infrastructure”. The project is being undertaken with the support of the German Federal Ministry of the Environment, Nature Conservation and Nuclear Safety.

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.

Public support for metal extraction and processing has received little attention relative to that for the agriculture, energy, or fisheries sectors. This report addresses this knowledge gap by mapping out the most common forms of support provided for primary metals (produced from mineral ores) and secondary metals (produced from scrap).

The transition towards a resource efficient and circular economy has linkages with international trade through the emergence of global value chains as well as trade in second-hand goods, end-of-life products, secondary materials and waste. This paper highlights the interaction of international trade and the circular economy in order to map out potential issues to address and to guide further research areas to explore on this topic.

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.

This summer, we witnessed record-breaking heat and extreme weather events across the globe. To address the urgent climate challenge, and meet our broader development goals, trillions of dollars need to be invested in low-emissions and resilient infrastructure.