OECD Environment

Last week, the OECD - OCDE, Banco de España, CDP and the Network for Greening the Financial System (NGFS) hosted the 13th Roundtable on Financing Water to discuss the growing threat water-related risks pose to financial stability. The event brought together 100 in-person and 200 online participants, including senior leaders from central banks, financial supervisors, ministries of finance and environment, multilateral development banks, insurers, investors and water sector experts. A clear message emerged from the discussions: water-related risks are increasingly recognised as having a real impact on financial and price stability, but the tools needed to assess, price in and respond to them are lacking. Insights from the meeting will feed into a forthcoming OECD publication, which will set out a roadmap for water and financial stability to inform financial authorities’ engagement at the 2026 UN Water Conference. What were some of the key takeaways from speakers? 💬 Yann Marin, Secretary General of NGFS: “Water is a key transmission channel through which climate and nature risks materialise. Water degradation can undermine financial resilience, financial stability and price stability - the core mandates of central banks and financial supervisors.” 💬 Lucía Rodríguez, Member of the Governing Council and of the Executive Commission, Banco de España: “Integrating water considerations into our analytical and supervisory frameworks is not about expanding our mandate, but about better capturing an increasingly significant source of volatility and material risk.” 💬 Mathilde Mesnard, Deputy Director of Environment, OECD: “We need an integrated, systemic approach - one that looks across the climate system, the governance system, the political system and the financial system.” Find out more and watch the replay: https://lnkd.in/eMqRueX5 #WaterFinance | #WaterFinancialStability | #FinancialStability | #WaterRisks Lylah Davies | Sophie Trémolet | Walid OUESLATI | Joe Ray | Andrew Roby | Juan Carlos Delrieu | Cate Lamb | Carolin Carella | Nicolas Jeanmart | Ram S. | Prof Nicola Ranger | Irene Heemskerk | Meike van Ginneken | Niels Vlaanderen | World Water Council | Ministerie van Infrastructuur en Waterstaat

As attention turns to the UNFCCC Climate Meetings starting on 8 June in Bonn, two new papers by the OECD - OCDE - International Energy Agency (IEA) Climate Change Expert Group (CCXG) offer timely insights and analysis on adaptation and the second global stocktake (GST2) under the Paris Agreement. 📊 Following the adoption of the Belém Adaptation Indicators at COP30, the first paper explores: ➡️ key elements of the decision; ➡️ opportunities for early engagement with the adaptation targets and Belém Adaptation Indicators; ➡️ considerations for the Belém-Addis vision – a two-year process to refine the Belém Adaptation Indicators and make them more operational; ➡️ interactions with other processes, including the Baku Adaptation Roadmap and GST2. 🌍 The second paper looks ahead to the launch of GST2 at COP31 later this year and provides insights on: ➡️ how the outcomes of GST1 have influenced national and international action; ➡️ key changes in the operating context, including rising climate impacts, geopolitical tensions, technological advances and the growing focus on implementation; ➡️ how these shifts can influence the design, conduct and impact of GST2. Read the papers to find out more: 🔗 Unpacking the Belém decision on the Global Goal on Adaptation (GGA): https://lnkd.in/e3D2_hJx 🔗 Preparing the ground for the second global stocktake (GST) of the Paris Agreement: https://lnkd.in/eht5knSG #ClimateChange | #UNFCCC | #ParisAgreement | #GlobalStocktake | #GlobalGoalonAdaptation | #ClimateResilience | #Adaptation | #COP31 Sirini Jeudy-Hugo (née Withana) | Nicolina Lamhauge | Małgorzata Margot Duluk | Luca Lo Re | Walid OUESLATI | Sama Al Taher Cucci | Jacopo Cavagna | UN Climate Change

📢 The latest OECD Environment newsletter is out! Explore the latest OECD data on climate finance for developing countries, the Environmental Performance Review of Austria, new papers on innovation across critical minerals supply chains and the economic benefits of avoiding chemicals-related health effects, plus more of our latest analysis and insights. 𝘛𝘩𝘦 𝘭𝘢𝘵𝘦𝘴𝘵 𝘦𝘯𝘷𝘪𝘳𝘰𝘯𝘮𝘦𝘯𝘵𝘢𝘭 𝘱𝘰𝘭𝘪𝘤𝘺 𝘪𝘯𝘴𝘪𝘨𝘩𝘵𝘴. 𝘋𝘦𝘭𝘪𝘷𝘦𝘳𝘦𝘥 𝘴𝘵𝘳𝘢𝘪𝘨𝘩𝘵 𝘵𝘰 𝘺𝘰𝘶𝘳 𝘪𝘯𝘣𝘰𝘹. 📩

Austria has made significant environmental progress over the past decade. Keeping this momentum amid fiscal pressures requires a more balanced policy mix and higher efficiency of public spending, along with mobilising the financial sector and strengthening multi-level governance. These efforts would not only support the country’s transition towards a net-zero, circular economy, but also unlock economic and job opportunities . At today's launch event of the OECD - OCDE Environmental Performance Review of Austria, organised by the Bundesministerium für Land- und Forstwirtschaft, Regionen und Wasserwirtschaft, OECD Environment Director Jaime de Bourbon de Parme presented the report’s findings alongside Austria’s Federal Minister of Agriculture and Forestry, Climate and Environmental Protection, Regions and Water Management, Norbert Totschnig. The report finds that: ➡️ Austria has made progress in reducing environmental pressures, including energy use, greenhouse gas emissions, and air and water pollution. However, biodiversity pressures persist and climate impact has become more visible. ➡️ The country is a leader in renewables, but will need to accelerate emissions reductions to meet its climate targets. ➡️ An advanced municipal waste management system and innovative business models underpin Austria’s transition to the circular economy. However, municipal waste generation per capita is the highest in the EU and recycling of plastic, textile and electronic waste remains low. ➡️ Carbon prices have increased, but several subsidies and incentives encourage unsustainable consumption and production. Read the full report and explore 40 recommendations to help Austria further strengthen its environmental policies and outcomes. 🔗 https://lnkd.in/euktJ8Ht Nathalie Girouard | Ivana Capozza | Natasha Cline-Thomas | Kathleen Dominique | Jolien Noels | Tony Zamparutti | Volker Holubetz | Elfriede More | Thomas Jakl #EnvironmentalPerformanceReview

Biodiversity underpins our economies and well-being. However, it is increasingly threatened by land- and sea-use change, overexploitation of natural resources, climate change and pollution. What progress are OECD - OCDE countries making to halt and reverse biodiversity loss? ➡️ Protected areas have expanded across all OECD countries. On average, terrestrial protected areas increased from 10% in 2000 to 17% in 2025, while marine protected areas within national jurisdictions rose from 3% to 23% over the same time period. However, little information is available on how effectively these areas are managed. ➡️ Despite progress, there is a need for further policy action. Only 10 OECD countries would meet or come close to the Global Biodiversity Framework target of protecting at least 30% of land areas: eight would meet this target for marine areas and 17 for coastal areas. ➡️ Economic incentives and voluntary approaches for biodiversity are expanding. Since 2010, OECD countries have more than doubled these types of instruments, reaching 535 by 2025. Subsidies, taxes and fees make up most of the policy mix.   This #BiodiversityDay, explore the data behind these trends in our Environment at a Glance Indicators 🔗 https://lnkd.in/eprhAdPN

The latest OECD - OCDE figures on climate finance released today, show that mitigation finance continues to represent a majority of climate finance for developing countries, accounting for nearly two-thirds of the total provided and mobilised by developed countries in 2023 and 2024. The data also highlight that: ➡️ Growth in adaptation finance slowed down and its share stabilised at around 25% in both 2023 and 2024, down from a peak of 34% in 2020. ➡️ The share of cross‑cutting activities, addressing both mitigation and adaptation remained stable in 2023-24 at around 10%. ➡️ Energy continued to account for a large share of mitigation finance. In contrast, adaptation finance remains more evenly distributed across economic sectors. Explore the findings: https://lnkd.in/eQkDiuEi

The latest #OECD figures released today show that developed countries provided and mobilised USD 132.8 billion in climate finance for developing countries in 2023 and USD 136.7 billion in 2024. The @UNFCCC’s annual USD 100 billion goal was exceeded for three consecutive years, having been met in 2022, beyond the initial 2020 target. The findings show: ➡️Public funds from both bilateral and multilateral channels continued to make up the bulk of climate finance in 2023-24, accounting for about three-quarters of the total. ➡️Bilateral public climate finance grew by 22% in 2023, the largest annual increase observed since 2013, before dropping by 12% in 2024. ➡️ Private funds mobilised by public climate finance showed a record 33% increase in 2024, following more modest growth of 5% in 2023. The OECD remains committed to tracking progress of the USD 100 billion climate finance goal and stands ready to contribute to future assessments of the New Collective Quantified Goal on Climate Finance in 2026-2035. Learn more: https://brnw.ch/21x2GGo | OECD Environment

How is Austria progressing on its environment and climate policy goals? The fourth OECD - OCDE Environmental Performance Review of Austria examines the country’s environmental performance over the past decade, with a special focus on the circular economy. It provides 40 recommendations to help the country implement cost-effective policies to advance towards the green transition. Join the livestream of the launch event from 10:30 CEST on 22 May, where OECD Environment Director Jaime de Bourbon de Parme will present the Review's findings and recommendations alongside Austria’s Federal Minister of Agriculture and Forestry, Climate and Environmental Protection, Regions and Water Management, Norbert Totschnig. Watch here: https://lnkd.in/dM6Kj94K Nathalie Girouard | Ivana Capozza | Natasha Cline-Thomas | Tony Zamparutti | Volker Holubetz | Elfriede More | Thomas Jakl | Bundesministerium für Land- und Forstwirtschaft, Regionen und Wasserwirtschaft #EnvironmentalPerformanceReview

Plastics may look like simple materials, but there is much more going on beneath the surface. Behind every plastic product is a carefully selected combination of chemicals that determines how it performs and how safe it is for people and the environment. A new OECD - OCDE blog explores why chemical safety needs to be integrated into plastics design from the very beginning, rather than treated as an afterthought. It examines how recycling can make chemical identification more challenging, why information is often lost across value chains and what this means for the safety of recycled plastics. The blog also highlights how the OECD helps to address these challenges, from improving transparency and testing methods to supporting more informed chemical choices that can make plastics safer and more sustainable over time. Read the blog ➡️ https://lnkd.in/eMN6yejD #SustainablePlastics | #ChemicalSafety | #CircularEconomy Eeva Leinala | Bob Diderich