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Project: Measuring the potential of green growth: Indicators of local transition to a low-carbon economy

This LEED project aims to to define key indicators of area-based transition to a low-carbon economy. The objective is to define measurable indicators at regional/local level that can inform over time of transition to low-carbon economic and industrial activities.




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New export credit rules will boost railway development and help countries achieve greener growth, OECD says

New international rules on state financing of rail exports will boost the development of cleaner transportation infrastructure and help countries meet green growth objectives, the OECD said.




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Workshop: Potential of social enterprises for job creation and green economy - how to stimulate their start and development?

The last decade has seen considerable policy attention to the social economy and its contribution to employment, in particular as regards the inclusion and empowerment of vulnerable workers and the provision of appropriate working conditions.




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Environmental Policies and Risk Finance in the Green Sector: Cross-country Evidence

Risk finance is essential for new ventures to commercialise new ideas and grow, especially in emerging sectors. Yet very little is known about the drivers and characteristics of risk finance in the green sector. This paper aims to fill this gap by providing a detailed description of risk finance in the green sector across 29 countries and identifying the role that policies might have in shaping high-growth investments.




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Roundtable: Climate is Everyone’s Business

Twenty years ago climate change was viewed as just an environmental issue. Today it is squarely an economic issue. Climate change poses significant risks to our economic systems that could result in very large damages. To mitigate these risks we need to radically transform our economies and societies to stop global warming.




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Rising air pollution-related deaths taking heavy toll on society, OECD says

Air pollution is costing advanced economies plus China and India an estimated USD 3.5 trillion a year in premature deaths and ill health and the costs will rise without government action to limit vehicle emissions, a new OECD report says.




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Paris Policy Forum - Urban Green Growth in Dynamic Asia: from concept to implementation

The policy forum officially launches the conceptual framework to the public and offers an opportunity for participants to discuss the key issues for emerging Asia: housing, buildings and energy, land use and transport, water and waste management, green goods and services.




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Nanotechnology and tyres: Greening industry and transport

The report presents the potential of new nanomaterials and highlights the remaining challenges for their safe and sustainable introduction in the tyre industry.




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Japan-OECD Policy Forum on Urban Development and Green Growth

The Japan-OECD Policy Forum on Urban Development and Green Growth will address cities’ unique role in creating synergies between environmental and economic objectives to advance green growth. Asian cities in particular are at the centre of this challenge. This event is organised as a commemorative event for the 50th Anniversary of Japan's Accession to the OECD.




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Death and taxis: Why the Green Growth and Sustainable Development Forum matters - Insights Blog

The Green Growth and Sustainable development Forum is an annual event, and the third Forum will take place on 13-14 November 2014. This blog highlights the importance of the Forum, and how, far from being "abstract", this year's Forum offers an invaluable opportunity to address the social implications of implementing green growth strategies.




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Southeast Asia should switch to a greener growth model, OECD says

Southeast Asia’s over-reliance on natural resources like oil, gas, minerals and wood for economic growth is unsustainable over the long term and is causing environmental damage that will hurt future prosperity if left unchecked, according to a new OECD report.




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Policy Brief: Green growth - Environmental policies and productivity can work together

As environmental pressures continue to rise, governments throughout the OECD area have not been sitting back. If anything, the stringency of their policy measures has been increasing on the whole, not least to combat pollution and climate change. And as the evidence shows, stringent environmental policies can be introduced without hurting overall productivity.




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A big year for development - Insights Blog

This will be “the mother of all years for summits on international development". International delegates will gather in Addis Ababa in July to discuss how poorer countries can fund their development. In September, attention will shift to New York, where the UN will sign off on the successors to the Millennium Development Goals (MDGs). In December, Paris will take centre stage to host the global climate change conference, COP21.




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Natural resources are fundamental to the economy and human well-being

Natural resources provide essential raw materials and other commodities, and are an important source of income and jobs. They also support the provision of ecosystem services necessary to develop human and social capital.




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Spain needs to further factor the environment into its recovery agenda, says OECD

The OECD’s latest Environmental Performance Review of Spain finds the country has decreased the energy and carbon intensity of its economy, reduced industrial pollution and cut per-capita waste generation since 2000.




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Urban Green Growth in Dynamic Asia: Knowledge Sharing

Knowledge sharing is critical in fostering urban green growth. Cities in dynamic Asia urgently need to adopt and strengthen green growth models that take into account rapid urbanisation, industrialisation, and motorisation.




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Modelling of distribution impacts of energy subsidy reforms: An illustration with Indonesia - Environment Working Paper

This report develops an analytical framework that assesses the macroeconomic, environmental and distributional consequences of energy subsidy reforms. The framework is applied to the case of Indonesia to study the consequences in this country of a gradual phase out of all energy consumption subsidies between 2012 and 2020.




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The opportunities and challenges of greener growth: Getting the whole policy package right

Climate change and, more generally, environmental damage have quantifiable economic and health costs, which weigh on long-term growth and well-being. If left unchecked, climate change is projected to decrease global GDP by 0.7 to 2.5 % by 2060. At the same time, the costs to society of air pollution already appear substantial–equivalent to some 4% of GDP across OECD countries and even higher in some rapidly developing economies.




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Poland needs a strategy for moving to a lower-emission economy

Poland has combined robust economic growth with reducing some of the pressures on its environment since it joined the EU in 2004. It has also brought environmental laws closer to European norms. Poland now needs to lessen its economy’s reliance on fossil fuels and make growth greener, according to a new OECD report.




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Time is of the essence: can Indonesia phase out energy subsidies without hurting the poor? - Insights Blog

A new OECD publication highlights notable economic and environmental benefits of phasing out fossil-fuel subsidies in Indonesia. Interestingly, the study is based on the context that pertained until mid-2014, when international oil prices where high and before the recent phase-out of subsidies by the government.




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Towards Complete Balance Sheets in the National Accounts: The case of Mineral and Energy Resources

Despite its importance, regular measurement of the value of natural resources at national level is still in its infancy and often disconnected from valuation approaches for other assets.




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How partnerships can spur our transition to a low-carbon economy

For the past decade or so, there has been a lot of debate in policy circles on how to get governments and the private sector to work together more collaboratively in order to catalyse the transition to green growth. The good news is that in that time many factors have come together to make this more of a reality.




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From frenetic expansion to steady states

Challenging free trade orthodoxy is a heavy lift in our political culture; anything that has been in place for that long takes on an air of inevitability. But, critical as these shifts are, they are not enough to lower emissions in time. To do that, we will need to confront a logic even more entrenched than free trade–the logic of indiscriminate economic growth.




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Towards Green Growth? Tracking Progress - Key Findings and Recommendations

The 2011 Green Growth Strategy provided initial guidance to governments on how to achieve economic growth and development, while preventing costly environmental damage and inefficient resource use. What progress have countries made in aligning economic and environmental priorities since 2011?




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Energy taxes misaligned with environmental impacts of energy use

Governments are under-utilising taxation as a tool to curb the environmental consequences of energy use, foregoing revenue and weakening their attack on the principal source of greenhouse gas emissions responsible for climate change and air pollution, according to new OECD analysis.




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Aligning Policies for a Low-carbon Economy

This major report produced in co-operation with the International Energy Agency (IEA), the International Transport Forum (ITF) and the Nuclear Energy Agency (NEA) identifies the misalignments between climate change objectives and policy and regulatory frameworks across a range of policy domains (investment, taxation, innovation and skills, trade, and adaptation) and activities at the heart of climate policy.




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Webinar: COP21 and beyond: Aligning Policies for a Low-carbon Economy

Addressing climate change requires urgent policy action to drive a global infrastructure and technological transformation. The latest report 'Aligning Policies for a Low-carbon Economy' presents the first diagnosis of the alignments of policy and regulatory frameworks with climate policy goals. Join the Green Growth Knowledge Platform (GGKP) for a webinar exploring these issues on 5 October 2015, 15:00-16:30 (Paris time).




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OECD Secretary-General Angel Gurría presents new Multi-Dimensional Country Review to Peruvian President Ollanta Humala

Economic and social reforms over the past two decades have enabled Peru to significantly improve growth and well-being while raising incomes and reducing poverty.




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Southeast Asia Expert Seminar: Aligning Policies for the Transition to a low-carbon Economy - Reconciling Environmental, Social and Economic Objectives

The OECD and the Ministry of Finance of Indonesia (Fiscal Policy Agency) held an expert seminar on 4-5 November, 2015 in Bogor, Indonesia. The event brought together representatives from the ASEAN line ministries, research organisations and other key international organisations to share their knowledge and expertise on the topic. This event was supported by the OECD Knowledge Sharing Alliance.




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Higher price on carbon needed to effectively tackle climate change

OECD urges efforts to better price carbon as new analysis finds that 90% of CO2-emissions are priced below EUR 30 per tonne, a low-end estimate of climate damage, and 60% are not priced at all. Effective Carbon Rates in the OECD and Selected Partner Economies calculates effective carbon rates (ECR) on CO2-emissions from energy use for 41 countries which together use 80% of global emissions.




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Statement by the OECD Secretary-General Angel Gurría on COP21 Agreement

This is a watershed day for the world and especially heartening for the OECD as one of the first international bodies to call for zero net emissions in the second half of the century, for a price on carbon and for greater efforts to channel finance into the low carbon economy.




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Green Growth and Sustainable Development Forum 2015 - Enabling the next industrial revolution: Systems innovation for green growth

Achieving green growth requires ambitious transition management policies in key sectors such as energy, transport, water and agriculture. Provided that the pace of innovation in a number of these key areas is growing faster than ever before, the Forum examined how to foster the "next industrial revolution" by harnessing the potential of systems innovation policies to support green growth.




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The Importance of a Policy Coherence Lens for Implementing the Sustainable Development Goals - Insights blog

The OECD defines policy coherence for sustainable development (PCSD) as an approach and policy tool to integrate the economic, social, environmental, and governance dimensions of sustainable development at all stages of domestic and international policy making. This blog details the OECD's PCSD framework and its goals.




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OECD Insights Blog - The Sustainable Development Goals: A Duty and an Opportunity

Read the latest OECD Insights blog written by Mrs. Gabriela Ramos, Special Counsellor to the OECD Secretary-General, Chief of Staff and G20 Sherpa.




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A Policy Pathfinder for the Sustainable Development Goals - Insights Blog

At one time, I might have said that sustainable development is in the OECD’s blood, but biological metaphors have made enormous progress over the past few years and now I’d say it’s in the Organisation’s DNA... Blog by Ron Gass, founding Director of the OECD Directorate of Social Affairs, Manpower and Education and the OECD Centre for Educational Research and Education (CERI).




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Renewable energy: Catalyst for a clean energy transition

The Paris Agreement is an unprecedented achievement in the fight against climate change. A record number of countries came together, first in the French capital for the COP21 conference in November-December 2015 and then formally to sign the agreement at the UN on 22 April 2016, to ensure that future generations enjoy a stable, healthy and habitable world.




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Inclusive business can help solve the sustainability equation

From the early 2000s, sustainability has emerged as a central policy-making consideration as climate change and population growth have heightened concerns about already-stretched natural resources.




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Act today for tomorrow’s children

The adoption of the 2030 Sustainable Development Goals (SDGs) signals a clear commitment to set the world on track for a more just, prosperous and sustainable future, in which all children can reach their full potential. The challenge of sustainable development is an intergenerational one: effective action now will both improve children’s lives today and create a better future for children tomorrow.




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World trade: Why ministers must act

Creeping protectionism is alive and well. Last year’s monitoring report on trade for the G20 reminded us that of the nearly 1,500 trade-restrictive measures imposed by G20 countries since 2008, fewer than 400 have been removed. The stock of these barriers continues to grow, despite a pledge by the G20 to reduce protectionism.




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Tackling policy fragmentation: the key to getting onto a path of rapid and sustainable productivity growth

Further structural reforms are needed to help the business sector boost productivity growth and overcome the key challenges of sluggish investment in advanced economies and excess capacity in emerging economies, according to a new OECD report.




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OECD welcomes ground-breaking peer reviews by China and US of their fossil fuel subsidies

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




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Conference on Transition to the green economy

This event, with involvement from the OECD, on 6-7 September 2016, is of major strategic nature during the Slovak Presidency of the European Council. Its ambition is to improve understanding of the green economy concept, identify conclusions and pathways for transition as well as to involve and mobilise various actors and stakeholders in the discussions of possible future actions.




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Achieving Sustainable Development Goal for education by 2030 will be major challenge for all countries

OECD countries must step up their efforts to improve the quality and equity of their education systems as part of their commitments to meet the Sustainable Development Goal (SDG) for education by 2030, according to a new OECD report.




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Carbon pricing efforts are falling short, but even modest collective action can deliver significant progress, OECD says

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.




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NAEC and the Sustainable Development Goals: The Way Forward - Insights Blog

Read the newest OECD's Insights blog based on the latest report from the New Approaches to Economic Challenges (NAEC) "Debate the Issues: New Approaches to Economic Challenges".




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World Green Economy Summit - Dubai, UAE

The World Green Economy Summit (WGES) is an initiative by the Dubai Electricity & Water Authority. As an institutional partner, the OECD's Matthew Griffiths will participate under the session "Clean Water to the World", in order to discuss how cross sector partnerships can help conserve and manage water in a responsible way, while using the technologies and models available to tackle regional and global water scarcity.




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Increased investment in renewable energy is key to spur sustainable growth in Emerging Asia

Despite a challenging global environment, the growth prospects of Emerging Asia (Southeast Asia, China and India) remain robust over the medium term, according to the latest edition of the OECD Development Centre’s Economic Outlook for Southeast Asia, China and India.




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Raising revenues through carbon pricing can help improve energy affordability

This report uses household level data covering 20 OECD countries to analyse energy affordability at current energy prices and explores how these indicators change in response to a simulated energy tax reform. The report finds that higher energy prices, needed to cut harmful carbon emissions and air pollution, can also help achieve social policy objectives.




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Countries are progressing too slowly on green growth

Many countries have become more efficient in using natural resources and the services provided by the environment, generating more economic output per unit of carbon emitted and of energy or raw materials consumed. Yet progress is too slow, and if emissions embodied in international trade are included, advances in environmental productivity are more modest, a new OECD report shows.




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Taxing Energy Use: Key findings for Israel

This country note explains how Israel taxes energy use. The note shows the distribution of effective energy tax rates across all domestic energy use. It also details the country-specific assumptions made when calculating effective energy tax rates and matching tax rates to the corresponding energy base.