OECD Environment

Trade in plastics waste can enable recycling if countries ensure minimum material quality, and environmental and working conditions. The OECD - OCDE conducts annual monitoring reports to track international shipments of plastic waste and scrap. The 2024 edition of the series shows that: 🌍 The global export volume of plastic waste has declined 49% in the past six years. Trade fell from 12.4 million tonnes in 2017 to 6.3 million tonnes in 2022. 📈 Regional trade – both within OECD European countries and North America – is increasing. 79% of OECD Europe's and 66% of OECD North America's exports of plastic waste in 2022 were regional. ⚖ OECD countries are transitioning from export dependence to a more neutral trade balance. In 2022, exports from OECD countries continued to decrease, whereas imports by OECD countries increased. The share of plastic waste exported to European countries including intra-EU trade, has increased by 15%. Ahead of INC-4, discover the key trends and data in a new Working Paper ⤵ https://lnkd.in/ehfnfjJD #PlasticWaste | #WasteTrade | #BeatPlasticPollution | #INC4 | #BaselConvention Bum Cheul Park, Andrew Brown, Frithjof Laubinger, Peter BORKEY

Concerns about Environmental Injustice are not new, but they have become even more urgent in the context of green transition. Delighted to share our new OECD - OCDE video featuring voices from around the world on Environmental Justice and how the OECD is working to advance it. I’m incredibly proud of our journey so far. In May, we held the inaugural OECD Conference on Environmental Justice which drew in close to eight hundred participants. We also launched a publication taking stock for the first time of national approaches to advance environmental justice. Read about the full scope of our work 🔗https://oe.cd/envjustice Huge thanks to the conference participants and my OECD colleagues, without whom this work would not have been possible. Jo Tyndall, David Schlosberg, Paige Weber, Kumi Kitamori, Jon Fairburn, Fiona Macleod, Isabelle Anguelovski, Sacoby Wilson, Stephen White,  Joseph Shapiro, Mathilde Viennot, Amanda Monforton, Manisha Anantharaman, Mathilde Mesnard, Anahera N., Emily Barritt, Gloria Amparo Rodríguez, Karim Marshall, Dominique Hervé, Francesco Vona, Ann Wolverton, Yuko I., Edward Bayliss, Julia Kieloch, Olof Bystrom, Elizabeth Del Bourgo, Catherine Bremer, Emma DeRoy, OECD Environment, US Environmental Protection Agency (EPA), Environment and Climate Change Canada, Sydney Environment Institute, University of California, Berkeley, France Stratégie / Services du Premier ministre. #EnvironmentalJustice, #justtransition, #climatejustice

Circular economy policies and resource efficiency are central to efforts to achieve countries’ climate commitments and the Sustainable Development Goals. The OECD - OCDE has released a set of publications thanks to the support of the EU Technical Support Instrument (TSI) programme, which identify opportunities for Italy to further ramp up its circular economy ambitions. Italy is one of the leading European actors in the transition to a circular economy. How can the country progress further? - Despite past progress, the country has the potential to leverage economic instruments in new and innovative ways. An in-depth analysis on selected fiscal instruments shows that measures aimed at supporting markets for secondary raw materials have significant untapped potential. - A range of opportunities exist to expand the monitoring framework in Italy to measure progress towards a circular economy. These include ensuring alignment between Italian monitoring frameworks and OECD and international standards; strengthening co-ordination amongst agencies; and promoting the collection of granular data to support effective place-based policies. - There is significant potential for Italy to leverage behavioural insights to support its transition to a more circular economy. Pilot interventions using voluntary commitments, normative feedback and social norms could help increase the uptake of more sustainable behaviours in line with a circular transition. Read all the reports and discover the OECD’s circular economy country support work: oe.cd/CEstudies With thanks to DG REFORM for acting as an implementation partner. Elena Buzzi Giulia Galli Peter BORKEY Ruben Bibas Oriana Romano Ander Eizaguirre Matthieu Cahen Bozzay Erika Ministero dell'Ambiente e della Sicurezza Energetica #Italy | #CircularEconomy via #TSI | #EconomicInstrument | #Environment | #Sustainability | #EUReformSupport

How can we ensure environmental justice within the context of the green transition? Certain communities and groups around the world continue to face disproportionate exposure to environmental hazards. We need to ensure that the concerns of the affected communities are meaningfully addressed and that no one is left behind. Environmental policies are essential for a sustainable economy. However, policies can affect the price of energy-intensive goods which generally hurt low-income households the most. Find out more: https://brnw.ch/21wLeRJ

What are the key challenges that deter financial institutions from investing in clean hydrogen projects? The OECD - OCDE will look to answer this question during a virtual workshop with the support of The World Bank on De-risking instruments and international co-ordination for clean hydrogen in emerging markets and developing economies, on 18 July at 13:00-15.00 CEST. Speakers from financial institutions, government agencies and industry, including the African Development Bank Group, Swiss Re, ENGIE, and the Chilean Economic Development Agency, will exchange views on the available risk mitigation instruments that can be used to address priority risks as well as mechanisms to co-ordinate investments for clean hydrogen projects in EMDEs. 🗓️ Don’t miss the opportunity to join inspiring discussions with world-leading experts! 👉 Register now to attend ➡️ https://lnkd.in/erMcudfr

Free to access. Yours to share. The OECD is now #OpenAccess. Explore, download, and share comprehensive reports, detailed datasets, and insightful analyses. Now accessible on the new oecd.org.

The OECD - OCDE recently released a paper on nature-related risks in Hungary, developed in close cooperation with the Hungarian Central Bank, Magyar Nemzeti Bank (MNB) and the European Commission, highlighting the dependence of the country’s economy on water-related ecosystem services and its consequences for the financial system. Through scenario analysis, the paper outlines the following key findings: 💧 In the case of severe drought, up to 7% of Hungary’s GDP may be lost due to the dependency of sectors on water ecosystems, including agriculture and manufacturing. 📈 The year-on-year prices of agricultural products may increase by up to 24% under the most severe drought scenario, which may determine cost-push inflationary pressures on the economy. 💰 The most severe scenario may lead to an increase of 3% in non-performing loans (NPLs) for Hungarian banks, with loans to the mining and quarrying sector particularly affected. The paper represents part of a project launched by the European Union at the initiative of the MNB and funded via the Technical Support Instrument, managed by the European Commission Directorate General for Structural Reform Support (DG REFORM), and aims to provide supervisory considerations to the MNB. Read the full paper ➡ https://lnkd.in/ecba5vJY #FinancialRisks | #Biodiversity | #Ecosystems | #EUReformSupport | #viaTSI

Today, the OECD - OCDE launches the Green Growth Policy Review of Egypt in Cairo. A rapidly growing emerging economy and a demographic heavyweight on the African continent, Egypt faces significant environmental challenges. High population growth, land-use change, pollution, and climate change are increasingly putting pressure on Egypt's natural environment, including its rich biodiversity. Despite this, since 2017, Egypt has achieved a relative decoupling of greenhouse gas emissions from economic growth. To continue this positive trend, further mainstreaming of climate action across sectors and progressively raising ambition is essential. As one of the world’s most water-stressed countries, Egypt can benefit from more robust water allocation and greater use of economic instruments to address scarcity and improve water quality. Aligned with Egypt’s Vision 2030, the government is committed to turning environmental challenges into opportunities. Steps are being taken towards more sustainable waste management and addressing air pollution, which remains a health concern. Moreover, Egypt holds significant potential to accelerate its clean energy transition. While there have been improvements in environmental information and data, enhancing public participation in environmental decision-making is crucial for continued progress. We were ever so grateful to be joined by H.E. Dr. Hala H. Elsaid, Minister of Planning and Economic Development التخطيط وزارة التخطيط والتنمية الاقتصادية مصر and H.E. Yasmine Fouad, Minister of Environment of Egypt, as well as OECD Environment Director Jo Tyndall and Deputy Director Mathilde Mesnard who presented the review's findings and recommendations. Find out more 🔗 https://lnkd.in/e-BcXC-D Deutsche Gesellschaft für Internationale Zusammenarbeit (GIZ) GmbH, RAED- Arab Network for Environment and Development Julia Wanjiru Nikiema Nathalie Girouard #Egypt | #GreenGrowth | #OECD

Join us on 2 July at 9:30 CEST for the launch of the OECD Green Growth Policy Review of Egypt, a rapidly growing emerging economy and a demographic heavyweight on the African continent. The first of its kind, the Review examines progress towards sustainable development and green growth over the past decade, with 40 recommendations to help Egypt improve its environmental performance and pave the way towards a sustainable future. It includes a special focus on building climate-smart, resilient and inclusive cities. H.E. Dr. Hala H. Elsaid, Minister of Planning and Economic Development وزارة التخطيط والتنمية الاقتصادية مصر will give opening remarks followed by a keynote address by OECD Environment Director Jo Tyndall. OECD Environment Deputy Director Mathilde Mesnard will then present the review's findings and recommendation and H.E. Yassmin Fouad, Minister of Environment of the Arab Republic of Egypt will deliver a keynote speech. Find out more ⤵

Our team was thrilled to participate in the OECD - OCDE and the Department of Alternative Energy Development and Efficiency (DEDE) of the Ministry of Energy Thailand joint event last week to present our new Clean Energy Finance and Investment Roadmap of Thailand. A series of fruitful discussions and actionable insights explored ways to unlock finance for renewable energy and energy efficiency in Thailand, as well as foster peer-learning amongst national and regional stakeholders. Our Head of Green Finance, Investment and Global Relations Division, Yuval Laster, launched the Roadmap in Bangkok alongside Director at the Department of Alternative Energy Development and Efficiency, Apiradee Thammanomai, with presentations from the Roadmap co-authors, Valentina Bellesi (OECD) and Kannikar Srithunyalucksana (Creagy). We are grateful to DEDE for two years of dedicated work, with invaluable support from Creagy and appreciate the numerous valuable insights from our participants, including stakeholders from government, corporates, banks, academia and international organisations. Read the report for further insights ➡ https://lnkd.in/gN4gj6hw Find more information on the OECD’s recent decision to start accession discussions with Thailand ➡ https://lnkd.in/g9zzMCVP Géraldine Ang, Preechaya Rassadanukul, Boonrod Yaowapruek #Investment | #Finance | #RenewableEnergy | #Thailand