Category: Finance & investment

Time to Walk the Talk – “Unlocking the Hydrogen Hype: Exploring the Gap Between Talk and Action”

By Moongyung Lee and Joseph Cordonnier, OECD Environment Directorate In the 19th century, when William Nicholson and Sir Anthony Carlisle discovered the electrolysis process to split water into hydrogen and oxygen, they could not have foreseen the potential to develop a “hydrogen economy” in… Continue Reading “Time to Walk the Talk – “Unlocking the Hydrogen Hype: Exploring the Gap Between Talk and Action””

Closing the credibility gap: Aligning corporate near-term actions with long-term net-zero targets

by Kern Fastrup, OECD Environment Directorate Record-breaking temperatures and frequent climate disasters have become a new unsettling reality, causing billion-dollar losses and reversing global development. In response, corporates are stepping up action on climate change. Although still not ubiquitous, net-zero commitments are rapidly becoming… Continue Reading “Closing the credibility gap: Aligning corporate near-term actions with long-term net-zero targets”

Financing Water: beyond traditional economic thinking, it’s time for global action

by Aude Farnault and Xavier Leflaive, OECD Environment Directorate As leaders prepare to gather in New York later this month at the  UN 2023 Water Conference[1], the world turns its attention to the critical importance of water in the global development agenda and the… Continue Reading “Financing Water: beyond traditional economic thinking, it’s time for global action”

How to finance the net-zero transition of industry in emerging economies?

by Joseph Cordonnier and Deger Saygin, OECD Environment Directorate Although policy makers and industry acknowledge the urgency of action for the net-zero industry transition in emerging and developing economies, the investment challenge remains significant. The manufacturing industry serves society with a variety materials and… Continue Reading “How to finance the net-zero transition of industry in emerging economies?”

Solving global environmental emergencies: are financial actors playing their part?

by Valentina Bellesi and Hugh Miller, OECD Environment Directorate After a summer of record-breaking temperatures, droughts, wildfires and floods causing devastation across the globe, the need to rapidly scale-up finance and investment to support a low-emission and climate-resilient transition could not be more apparent.… Continue Reading “Solving global environmental emergencies: are financial actors playing their part?”

Seeing the Unseen: The Value of Water

by Aude Farnault and Xavier Leflaive, Water Team, OECD Environment Directorate Although extreme heat, droughts, and floods have been recurrent in recent years, weather patterns this summer have reached unprecedented limits: the continuation of catastrophic drought in Western States in the United States and in… Continue ReadingSeeing the Unseen: The Value of Water

Enabling conditions for bioenergy finance and investment in Colombia

By Lylah Davies, John Dulac, OECD Environment Directorate With sunny skies, windy shores and fertile grounds, Colombia is abundant in natural resources and has substantial potential for renewable energy production. At the same time, domestic oil and gas reserves are in decline and the… Continue Reading “Enabling conditions for bioenergy finance and investment in Colombia”

COP26: Big steps forward on adaptation and resilience

By Michael Mullan, OECD Environment Directorate While I was at COP26 in Glasgow, one of the speakers said that hope was not the same as optimism; rather it was about being able to see the possibility of a better future. In that sense, I… Continue Reading “COP26: Big steps forward on adaptation and resilience”

Climate resilience is essential for a sustainable financial system

By Michael Mullan, OECD Environment Directorate At the start of the 2000s, consumers were surprised to discover that some of their “beef” lasagne was instead made out of horsemeat. Several years later, the global financial system was brought to its knees by the discovery… Continue Reading “Climate resilience is essential for a sustainable financial system”

La résilience climatique est indispensable à un système de financement durable

De Michael Mullan, Direction de l’environnement de l’OCDE Au début des années 2000, les consommateurs ont eu la surprise de découvrir que leurs lasagnes “au boeuf” étaient parfois faites avec de la viande de cheval. Des années après, le système financier global s’est retrouvé… Continue Reading “La résilience climatique est indispensable à un système de financement durable”