Integrating measures to tackle climate change into regular economic policy will have a positive impact on economic growth over the medium and long term, according to a new OECD report prepared in the context of the German Presidency of the G20.

Read what OECD bloggers have to say about topics as varied as air pollution, biodiversity, climate, environmental policies, green growth, investment, waste and water. Join the discussion on our latest blog: Climate - Towards a just transition, with no stranded workers and no stranded communities.

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.

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.

The tax-to-GDP ratio in Israel decreased by 1.4 percentage points from 32.5% in 2017 to 31.1% 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.

This note presents selected findings based on the set of well-being indicators published in How's Life? 2020.

The tax wedge for the average single worker in Israel increased by 0.2 percentage points from 22.5 in 2018 to 22.7 in 2019. The OECD average tax wedge in 2019 was 36.0 (2018, 36.1). In 2019 Israel had the 32nd lowest tax wedge among the 36 OECD member countries, occupying the same position in 2018.

Spurred by a rise in 2019 development aid, the OECD and its donor member countries are working to help the most vulnerable countries during the coronavirus crisis. Official development assistance (ODA) provided by OECD Development Assistance Committee (DAC) members rose by 1.4% in real terms to USD 152.8 billion in 2019.

Recent seizures of fake medical supplies being marketed as protection against coronavirus (Covid-19) have underscored the need to address a growing international trade in counterfeit pharmaceuticals. The trafficking of fake or defective medicines is costly and puts lives at risk, according to the new OECD and EU reports.

Colombia formally became an OECD Member country on 28 April, the 37th country to do so in the Organisation’s near 60-year history. This brings to a successful conclusion an accession process that began in 2013. “Colombia can be rightly proud of what is truly an exceptional achievement,” OECD Secretary-General Angel Gurría said.

This country note explains how Ireland 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.

The tax-to-GDP ratio in Ireland decreased by 0.2 percentage points from 22.5% in 2017 to 22.3% 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.

Ireland needs to prepare itself to meet rising pressures on public finances from an ageing population and significant external risks such as new EU-UK trade barriers post Brexit. Another important development could be future changes to the international tax rules, according to a new OECD report.

This note presents selected findings based on the set of well-being indicators published in How's Life? 2020.

The tax wedge for the average single worker in Ireland increased by 0.3 percentage points from 32.9 in 2018 to 33.2 in 2019. The OECD average tax wedge in 2019 was 36.0 (2018, 36.1). In 2019 Ireland had the 24th lowest tax wedge among the 36 OECD member countries, compared with the 25th in 2018.

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