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.

“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.

Mr. Angel Gurría, Secretary-General of the OECD, will be in Brasilia on 21st March 2018 to attend the World Water Forum.

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.

Mr. Angel Gurría, Secretary-General of the OECD, will be in Prague on 16 July 2018 on an official visit. He will present the 2018 OECD Economic Survey and the Environmental Performance Review of the Czech Republic.

Governments need to raise carbon prices much faster if they are to meet their commitments on cutting emissions and slowing the pace of climate change under the Paris Agreement, according to a new OECD report.

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.

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.

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.

This paper explores the consequences on the labour markets of structural changes induced by decarbonisation policies. These policies are likely going to have consequences on labour-income distribution given i) existing rigidities in the labour markets, and ii) their different impacts on sectors and on job categories.

2-15 December 2018, Katowice, Poland - The key objective of this year’s event was to finalise the "Paris Rulebook". Find out about the full OECD participation through a series of side events, publications, and by taking part in a number of workshops, seminars and other events throughout the conference.

This paper assesses the effect of environmental regulations on plant survival and emissions using data on the extent of vintage differentiation of regulations (VDR5) regarding air pollution emission limit values for existing and new coal-fired power plants. Focussing on NOx and SOx emissions, the paper applies survival analysis techniques on a sample of generating units across 31 OECD and non-member countries between 1962 and 2012.

This event focused on the implication of COP24 outcomes and the implementation of the Rulebook, as well as on upcoming work on unresolved issues such as Article 6. Discussions covered Common Tabular Format (CTF) for climate finance and tracking progress towards the mitigation targets and updating and implementing NDCs, with a particular attention to the power sector and carbon markets.

This paper shows how women and men may use infrastructure differently according to their needs, social roles or preferences; and provides a framework to help countries align their infrastructure policies and projects with other societal and environmental goals, including supporting gender equality.

Mr. Angel Gurría, Secretary-General of the OECD, will be in Mexico on 2-3 May 2019 to present the 2019 OECD Economic Survey of Mexico.

Mr. Angel Gurría, Secretary-General of the OECD, will be in Metz on 6 May 2019 to attend the G7 Environment Ministerial. He will deliver remarks to present the OECD report Biodiversity: Finance and the Economic and Business Case for Action.

Rapid economic development and climate change are increasing our vulnerability to natural disasters, and a new joint OECD-World Bank report calls for pro-active management of the financial costs of those disasters before they strike.

Mr. Angel Gurría, Secretary-General of the OECD, will be in Riga on 29 May 2019 to present the 2019 OECD Economic Survey of Latvia and the 2019 OECD Environmental Performance Review of Latvia, alongside Messrs. Ralfs Nemiro, Minister of Economics of Latvia and Juris Pūce, Minister for Environmental Protection and Regional Development of Latvia.

Fossil-fuel subsidies are environmentally harmful, costly, and distortive. After a 3 years downward trend between 2013 and 2016, government support for fossil fuel production and use has risen again, in a threat to efforts to curb greenhouse gas emissions and air pollution, and the transition to cleaner and cheaper energy.

On 3rd July 2019, in his fourth biennial climate change lecture, OECD Secretary-General, Angel Gurría focused on how countries can overcome the numerous political, economic and social barriers to achieve the rapid reductions in greenhouse gas emissions needed to safeguard our common future. Follow this link to watch the full lecture and the press release.

OECD Secretary-General Angel Gurría today said governments must face up to mounting anger, particularly among youth, on climate inaction.

Climate change and outdoor air pollution are two of the most challenging environmental issues that modern society faces. This paper presents the first global analysis of the joint economic consequences of climate change and outdoor air pollution to 2060, in the absence of new policies to address these challenges.

Taxing polluting sources of energy is an effective way to curb emissions that harm the planet and human health, and the income generated can be used to ease the low-carbon transition for vulnerable households. Yet 70% of energy-related CO2 emissions from advanced and emerging economies are entirely untaxed, offering little incentive to move to cleaner energy, according to a new OECD report.

The UN Climate Action Summit on 23 September marks a potential inflection point ahead of the start of the implementation of the Paris Agreement in 2020. This event will gather and encourage Heads of State and Government to deliver concrete actions to address climate change. Our planet is witnessing dramatic changes in its life-support ecosystems, demanding accelerated action and co-operation among interlinking policy areas...

The challenges we face in our era of rapid, disruptive change are daunting, but we are starting to develop the tools, techniques and concepts to meet them, OECD Secretary-General Angel Gurría said.

Is this the beginning of a paradigm shift in the financial system towards environmentally sustainable finance? And if not, what can we do to accelerate this shift? The OECD stands ready to support efforts to build political leadership and address outstanding barriers to sustainable finance.

Developing countries are at the forefront of the ongoing battle to address climate change. Roughly 60% of the new infrastructure built before 2030 will be in the developing world, and it is these investment decisions that will determine our collective ability to address the climate emergency.

Mr. Angel Gurría, Secretary-General of the OECD, will be in Madrid on 2nd December 2019 to attend the official opening of the UN Climate Change Conference (COP25).

The OECD will be actively contributing to this important event through a series of side events, publications, and by taking part in a number of workshops, seminars and other events throughout the conference. Find out about the full details of OECD schedule of events.

I am very disappointed that COP25 in Madrid did not achieve the decisive, collective and ambitious outcomes that the climate emergency demands from world leaders.

Organised in collaboration with PLACARD, the European research platform on Climate Change Adaptation and Disaster Risk Reduction, this conference will bring together climate change adaptation and wildfire experts from governments and public agencies to discuss recent insights into wildfire risks as well as the extent to which policies have been able to address emerging challenges.

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