Climate Change

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Global climate change threatens to disrupt the well-being of society, deter economic development and alter the natural environment, making it a key policy concern of the 21st century. Governments around the world agree on the need to achieve cuts in greenhouse gas (GHG) emissions over the coming decades, to adapt to the impacts of climate change, and to ensure financial and technical support that will enable developing countries to act. They are working towards an international agreement to achieve these goals under the United Nations Framework Convention on Climate Change (UNFCCC).

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OECD work on climate change

The OECD has been working on climate change economics and policy since the late 1980s. In the wake of the economic crisis, the OECD is also looking at how measures that governments are taking to spur economic growth can best be formulated so that they support – and do not work against – the objectives of moving towards a green, low-carbon economy.

The OECD works closely with governments to assist them to identify and implement least-cost policies to reduce GHG emissions in order to limit climate change, as well as to integrate adaptation to climate change into all relevant sectors and policy areas. As OECD countries are the major international donors, OECD has a critical role in tracking climate finance, and in examining how public finance can be scaled-up and best targeted to help leverage private financial flows.

Given the global nature of the climate change challenge, and its widespread economic, social and environmental impacts, the OECD is in a unique position to help countries put climate policy on a solid economic footing consistent with frameworks for development.

Recent OECD work on Climate Change

Major initiatives

1. The United Nations Framework Convention on Climate Change


2. The Clinton Global Initiative (CGI)

The Clinton Global Initiative (CGI) works to create a large scale awareness in the US of, among other things, the challenges of climate change. In particular, the organization will promote studies on how economic growth affects climate change and will try to find possible ways to reduce global warming.


3. The Pew Center on Global Climate Change

The Pew Center on Global Climate Change brings together business leaders, policy makers, scientists, and other experts to bring a new approach to a complex and often controversial issue. Their approach is based on sound science, straight talk, and a belief that we can work together to protect the weather while sustaining economic growth.


4. Intergovernmental Panel on Climate Change (IPCC)

 The IPCC is a scientific intergovernmental body set up by the World Meteorological Organization (WMO) and by the United Nations Environment Programme (UNEP). Hundreds of scientists all over the world contribute to the work of the IPCC as authors, contributors, and reviewers. As United Nations body, the IPCC work aims at the promotion of the United Nations human development goals.


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