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The UN Climate Change Conference was held in Durban, South Africa (COP17, from 28 November to 9 December 2011).
OECD expert involvement focused on green growth and climate change, adaptation and mitigation, carbon accounting, improving transparency (“MRV”), climate finance and technology.
OECD Statement in the High Level Session Plenary |
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Friday 2 December - 10.30 to 12.30, EU Pavilion - OECD/IEA Climate Change Expert Group |
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The latest OECD/IEA analysis on emissions unit accounting and establishing emissions baselines was presented, followed by a discussion with leading experts from developed and developing countries.
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Thursday 8 December - OECD Breakfast: Catalysing Investment in Low-Carbon, Climate-Resilient Growth, chaired by OECD Secretary-General Angel Gurría, accompanied by Simon Upton (OECD Director of Environment) and senior officials from government as well as representatives from the business and finance communities. |
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The event provided an opportunity to discuss how policy can be shaped to catalyse investment and engage the private sector in financing climate change action, and will include a short presentation of key messages from recent OECD work – stressing how private sector investors need clear climate and investment policies and well structured green financial instruments. In particular, we shared new results from: the OECD Environmental Outlook to 2050 (forthcoming in 2012) and the investment gap in the coming decades; an emerging policy framework for good practice in LCCR investment; the potential for use of innovative green investment instruments (e.g. see “The Role of Pension Funds in Financing Green Growth Initiatives”, OECD Working Papers on Finance, Insurance and Private Pensions).
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Thursday 8 December - High-level Panel Discussion chaired by the OECD Secretary-General Angel Gurría: Green growth and climate change: Achieving a climate-resilient and low carbon economy |
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Given the ongoing economic challenges and the escalating impacts of climate change, there is a pressing need to mitigate emissions and adapt to a changing climate. Addressing these concerns on a global scale will require both political and financing commitment. This high-level panel discussion provided the opportunity to share insights on how to deliver climate finance and action in the current economic context. Agenda and presentations. |
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The crisis convinced many countries that a different kind of economic growth is needed, which takes into account environmental, social and technological considerations.
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