The OECD’s third Environmental Performance Review of Australia claims that the country will fall short of its 2030 emissions target unless a major effort is made to transition to a low-carbon economy.
Last week, the OECD, the UN Environmental Programme, and the World Bank Group, in advance of both the G20 leaders meeting and the COP24 UN Climate Change Conference, called for a radical shift of investment into low-carbon, climate-resilient infrastructure as a means towards limiting the impact of climate change.
A new report published this week by the OECD has concluded that, while many countries are making progress on environmental productivity in terms of carbon, energy, and materials, and the growing consensus that carbon dioxide emissions and fossil fuel use have decoupled from economic growth, progress is still too slow if we are to meet the targets outlined in recent international treaties and commitments.
A new OECD report has found outdoor air pollution could cause 6 to 9 million premature deaths a year by 2060, and cost 1% of the global GDP. The new report, The Economic Consequences of Air Pollution, published this week by the Organisation for Economic Co-operation and Development, “provides a comprehensive … [continued]
A new report has concluded that members of the G20 are providing $452 billion per year on fossil fuel production subsidies. Despite numerous pledges to minimize or cut fossil fuel subsidies entirely, and amid tremendous international and public pressure, member nations of the G20 major economies are doing all they … [continued]
Over the weekend, thousands of the world’s finance ministers and central bankers from 188 countries of the world gathered in Lima, Peru, for the annual meetings of the World Bank and the International Monetary Fund. The two United Nations groups focus on long-term economic development and macroeconomic issues, respectively. While … [continued]
The public and private global financing raised for climate action in developing countries reached $62 billion in 2014, according to the OECD. According to a new study released by the Organisation for Economic Co-operation and Development, and conducted in collaboration with Climate Policy Initiative, public and private finance that was … [continued]
We’ve heard some cautious rejoicing comes from scientists and media this weekend about the world economy and energy carbon dioxide emissions finally decoupling last year. World emissions of CO2 remained at 32.3 billion tons in 2014, while world GDP figures grew by 2.9%. Many analysts have hailed the change as … [continued]
