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  • 28-November-2018

    English

    OECD, UN Environment and World Bank call for a radical shift in financing for a low-carbon, climate-resilient future

    The OECD, UN Environment and World Bank Group today called on leaders of G20 countries to do more to enable a radical shift of investment into low-carbon, climate-resilient infrastructure as a way to limit the impact of climate change.

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  • 28-November-2018

    English

    Financing Climate Futures - Rethinking Infrastructure

    Infrastructure worldwide has suffered from chronic under-investment for decades and currently makes up more than 60% of greenhouse gas emissions. A deep transformation of existing infrastructure systems is needed for both climate and development, one that includes systemic conceptual and behavioural changes in the ways in which we manage and govern our societies and economies. This report is a joint effort by the OECD, UN Environment and the World Bank Group, supported by the German Federal Ministry for the Environment, Nature Conservation and Nuclear Safety. It focuses on how governments can move beyond the current incremental approach to climate action and more effectively align financial flows with climate and development priorities. The report explores six key transformative areas that will be critical to align financial flows with low-emission and resilient societies (planning, innovation, public budgeting, financial systems, development finance, and cities) and looks at how rapid socio-economic and technological developments, such as digitalisation, can open new pathways to low-emission, resilient futures.
  • 28-November-2018

    English

    Power struggle: Decarbonising the electricity sector - Effects of climate policies, policy misalignments and political economy factors on decarbonisation - Environment Working Paper

    This report investigates the effects of select climate policies, non-climate policies, as well as political economy factors on the decarbonisation of electricity in OECD countries from 2000 to 2015. Effects are analysed on the three phases of decarbonisation: (1) increasing the share of renewables installed, (2) increasing the use of renewables in generation, and (3) reducing the emissions from electricity.

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  • 20-November-2018

    English

    Human Acceleration of the Nitrogen Cycle - Managing Risks and Uncertainty

    This publication examines the risks associated with the release of excessive nitrogen into the environment (climate change, depletion of the ozone layer, air pollution, water pollution, loss of biodiversity, deterioration of soil quality). The report also examines the uncertainty associated with the ability of nitrogen to move from one ecosystem to another and cause 'cascading effects'. In addition to better management of nitrogen risks at the local level, there is a need to consider the global risks associated with the continued increase in nitrous oxide concentrations and to prevent excess nitrogen in all its forms by developing cost-effective strategies for all its sources. Other than the reduction of nitrogen pollution, this report provides guidance on the use of nitrogen policy instruments and how to ensure coherence with objectives such as food security, energy security and environmental objectives.
  • 12-November-2018

    English

    Developing Robust Project Pipelines for Low-Carbon Infrastructure

    This report aims to provide policy makers with a comprehensive examination of 'project pipelines', a common concept in infrastructure planning and investment discussions, and one which has become a focal point in countries’ efforts to implement their climate commitments. The analysis is structured around some basic but important guiding questions, including: What is meant by project pipelines? How can we characterise them? What concrete approaches and actions can governments and other public institutions take to develop project pipelines and mobilise private finance into these projects? This close look at pipelines suggests that they can only be as robust as the investment-ready and bankable projects that constitute them, as effective as institutions that deliver them, and as ambitious as the objectives to which they are linked. Through a series of case studies, the report highlights that while governments and public institutions are already taking actions to develop robust pipelines in a range of country settings, these pipelines nevertheless need to be strengthened significantly to meet long-term climate mitigation objectives. Good practices pioneered by the countries and actors in the case studies can provide models for governments to adapt and bolster their own efforts.
  • 5-November-2018

    English

    Op-Ed on Mobilising investment for low-emissions and resilient infrastructure by Masamichi Kono, OECD Deputy Secretary-General

    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.

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  • 18-October-2018

    English

    Energy Subsidy Reform in the Republic of Moldova - Energy Affordability, Fiscal and Environmental Impacts

    This report looks at the fiscal, environmental and social impacts of energy subsidy reform in Moldova with a particular focus on energy affordability. Reduced value added tax (VAT) rate on natural gas consumption and a VAT exemption on electricity and heat consumption by domestic users represent the largest fossil-fuel consumer subsidies in Moldova. Reforming these will imply an increase of the VAT rate, which will lead to an increase of gas, electricity and heat tariffs for households, and will in turn affect household consumption levels, related expenditures and energy affordability. If reform measures are to work, they will need to be accompanied by a carefully-designed social policy to protect poor households.
  • 8-October-2018

    English

    Global Forum on the Environment and Climate Change - organised by the Climate Change Expert Group (CCXG) - October 2018

    8-9 October 2018 - The Global Forum brought together delegates from both OECD and non-OECD countries to discuss the theme of transparency of reporting on technology transfer, capacity-building and financial support, accounting for baseline NDC targets, indicative climate finance, Article 6 and common timeframes; and the role of land-use in the transition to a low-carbon and climate resilient economy.

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  • 25-September-2018

    English

    Governments need to honour their climate pledges as risks grow

    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.

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  • 25-September-2018

    English

    Event: High-level Discussion on Financing Climate Futures

    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.

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