Tag: finance

Why does the financial sector need to think about water risks?

By Lylah Davies and Sophie Trémolet, OECD Environment Directorate Developed and developing economies alike are exposed to water risk. The numbers are staggering. 2.2 billion people, a quarter of the world’s population, do not have access to safely managed water supply and 1.7 billion… Continue Reading “Why does the financial sector need to think about water risks?”

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”

TEG it easy : The landmark EU Sustainable Taxonomy takes shape

By Mireille Martini, Policy Analyst, Green Finance and Investment, OECD Environment Directorate On 12 March 2020, the European Commission released the final reports of the Technical Expert Group (TEG) on Sustainable Finance, including the final reports on the EU Sustainable Taxonomy. The OECD has… Continue Reading “TEG it easy : The landmark EU Sustainable Taxonomy takes shape”

Empowering women as clean energy entrepreneurs

By Lylah Davies, Clean Energy Finance and Investment Mobilisation Programme, OECD Environment Directorate Women currently account for approximately 32% of total employment in the renewable energy sector, compared to 22% in the more traditional oil and gas sector. On the one hand, this tells… Continue Reading “Empowering women as clean energy entrepreneurs”

Fighting the climate emergency? Enter national development banks

By Naeeda Crishna Morgado (independent expert) and Özlem Taskin (OECD Development Co-operation Directorate) Developing countries are at the forefront of the ongoing battle to address climate change. Roughly 60% of the new infrastructure built before 2030 will be in the developing world, and it… Continue Reading “Fighting the climate emergency? Enter national development banks”