Studies estimating that the global demand for water, energy, and food will increase by 55%, 80%, and 60% respectively by 2050.
As environmental pressures continue to rise, governments, just as businesses, have not been sitting back. If anything, the stringency of policy measures in the OECD area has been increasing on the whole, not least to combat pollution and climate change. But what about the effects of these actions on productivity?
Please join me in an ode to the giant tortoise, recently confirmed to be back from near extinction on the Galapagos Espanola Island after conservation work that began forty years ago. The population currently stands at over 1000, a spectacular recovery considering that only 15 remained in the late 1960s, when they were summarily rounded up and placed into a breeding program.
OECD Observer No 301, Q4 2014
The world is still not moving fast enough to fight climate change. Fossils fuels remain the dominant energy source with billions of dollars still being spent on subsidising their use.
A new webpage has been opened to help understand and monitor progress in addressing the Ebola virus outbreak which has struck western Africa and preoccupied global public opinion in recent months.
Biodiversity is fundamental to sustaining life, providing critical ecosystem services, such as food security, water purification, nutrient cycling, and climate regulation, that are essential to support human well-being and economic growth.
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.
The Electric Flats was the name given to a group of houses on the corner of the street in what’s now called North Lanarkshire, Scotland, where I grew up. It’s not that the rest of us didn’t have electricity (we even had indoor toilets) but the Electric Flats had a radiator in every room.
Japan’s development and influence have long been reflected in its architecture, and that influence is set to continue.
Australians are well-known for being a sports-mad people. Some 43% of the adult population attended at least one sporting event in 2009-10 and national pride is often rooted in the latest successes of its national sports teams and international sports stars. Beating the All Blacks in rugby union (a rare event these days) or the English in cricket (a more even match) will significantly lift the national mood. After Australia II won the America’s Cup sailing race in 1983, Prime Minister Bob Hawke famously declared an effective public holiday: “Any boss who sacks a worker for not turning up today is a bum.”
OECD Observer No 299, Q2 2014
Saving the Earth’s climate is sometimes compared to saving the world’s financial system following the crisis in 2007. But it’s not. The taxpayer saved the financial system by bailing it out a cost of trillions of dollars over a very short period, but there is no bailout option for the climate. If we let things go on as they are until disaster threatens, we’ll have no way of preventing disaster, however much we spend.
Expanding airport capacity in large metropolitan areas is difficult, and Japan is a case in point. Some 33 million people (26% of total) and 17 million (13% of total) live in Greater Tokyo and Greater Osaka respectively. According to some sources, Tokyo-Yokohama is the largest urban area in the world and Osaka-Kobe-Kyoto the 12th largest.
The car industry has taken a dent since the recession started to bite in 2008, but even before then, new patterns were emerging that would reshape the sector for a long time to come.
Carbon dioxide (CO2) is a long-lived gas. Almost half of the CO2 emitted in 2013 will still be in the atmosphere a century from now. This means that its concentration, and warming potential, increases over time, unless the rate of accumulation can be cut to zero. This is the goal that the OECD is urging all countries to achieve: zero net emissions by mid-century. To accomplish this, the explicit price of carbon dioxide emissions should be aligned more closely with their true cost, while avoiding expensive policy options that could be replaced by more cost-effective ones.
Climate change is, to a large extent, water change. Water is the predominant channel through which the impact of climate change will be felt. More torrential rains, floods and droughts can be expected in many parts of the world. Not only that–climate change is reshaping the future for freshwater on the planet.
Since 1997 the Netherlands has had a tax allowance scheme aimed at promoting investments in energy-saving technologies and sustainable energy production. This so-called Energy Investment Tax Allowance, or EIA to the Dutch, reduces up-front investment costs for firms investing in the newest energy-saving and sustainable energy technologies. The basic design of the EIA has remained the same over the past 15 years: firms investing in technologies listed in an annually updated “energy list” may deduct some of the investment costs from their taxable profits.
You’ve probably heard that silly old adage, where someone asks someone else if they “ate lead paint chips” as a child, after they did something stupid or silly. The effects of lead poisoning, however, are not silly. Many academics believe lead poisoning in children correlates to spikes in crime more than any other single factor. Granted, though it takes more than a noticeable pattern to establish causality, the meta-analysis of other factors all seem to point in the direction of lead.
You've probably heard that old adage, where someone asks someone else if they “ate lead paint chips” as a child, after they did something stupid or silly. The effects of lead poisoning, however, are not silly. Many academics believe lead poisoning in children correlated to spikes in crime more than any other single factor. Granted, it takes more than a noticeable pattern to establish causality, the meta-analysis of other factors all seem to point in the direction of lead.
Return from the dead?
Old ways of thinking won’t bring developed countries back to economic life. Weighed down by the legacy of the crisis, they also face deep challenges like a faltering labour supply and slowing innovation.
Investing in a sustainable future
Investment strategies almost never consider external costs to the environment when calculating potential returns. But incorporating environmental risk and sustainability into investor mindsets is possible– and urgent.
Time for an energy [r]evolution
We can’t use terms like “inclusive” and “green” as window dressing for the pursuit of economic growth as an end in itself. According to Greenpeace International’s chief, Kumi Naidoo, a real and profound change in how we think about growth is needed–one that doesn’t let special interests get in the way of creating a just, fair and sustainable economy with clean energy for all.
The EU’s ban on discarding caught fish in February 2013 has received widespread applause. Why?
Climate change won't wait
The European Union may be facing some difficult economic challenges, but that's no excuse for not acting now to create an economy based on resource efficiency and low-carbon development. The benefits are potentially enormous, including lower greenhouse gas emissions, more efficient use of energy and resources, and rising growth and innovation.
If you are reading this in a big city, the air you are breathing may be doing you harm. Though over 50% of the world’s population now live in urban areas, only 2% of the global urban population lives with acceptable concentrations of particulate matter, or PM, which can cause breathing and respiratory diseases, cancer and premature death.
The Earth is a unique, interconnected system that mankind has always tried to understand. Although there have been great discoveries made in science, there are many aspects of our planet that are beyond our understanding or control. However, there is one fact we know: we need to live in harmony with nature.
Nobel laureate for Economics, Elinor Ostrom, spoke at the OECD in June. At a time when new models are needed, could her ideas on common resources and governance offer guidance?
Managing risk could absorb more policy time around the world in the 21st century. How can policymakers be prepared?
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