Aligning policies for the transition to a low-carbon economy

1. ALIGNING POLICIES FOR THE TRANSITION TO A LOW-CARBON ECONOMY A report to Ministers in 2015 from OECD-IEA-ITF-NEA
Simon UPTON
Climate Change Expert Group Global Forum
16 September 2014

2. 2
“While policies adopted by different countries will need to reflect their individual circumstances, we recognise the importance of aligning policies across all relevant areas At their Ministerial Council Meeting, OECD countries invited “OECD, in cooperation with the IEA, the NEA and the ITF […] to examine how to better align policies across different areas for a successful economic transition of all countries to sustainable low-carbon and climate- resilient economies and report to the 2015 OECD MCM.” OECD (2014), MCM Statement on Climate Change
OECD Ministerial Council Meeting 2014

3. ECONOMIC
Climate policies come on top of a pre existing framework
TRADE
COMPETITION
FISCAL
DEVELOPMENT COOPERATION
SOCIAL
Local content requirements
Export credits
Access to cheap energy
Resource rents
Exploiting domestic resources
INVESTMENT
Post crisis financial rules
Fossil fuel subsidies
CLIMATE

4. MARKET REGULATIONS
FISCAL POLICIES
COMPETITION AND TRADE
‘Aligning policies for a transition to a low- carbon economy’ – Scope of work
LONG TERM INVESTMENT
LAND USE PLANNING
LAND BASED INDUSTRY