The agriculture and food sector (agri-food sector) is vulnerable to climate change and at the same time also a significant sources of global greenhouse gas (GHG) emissions. Reducing GHG emissions from the agri-food sector will be important in moving towards net-zero targets. There are various opportunities for the agri-food sector to reduce GHG emissions, yet the sector faces many complex challenges and lags behind others on climate change commitments and actions. This event will explore the state of policies already in place in the agri-food sector and look at the policy challenges specific to addressing climate action across food systems. The event will also explore potential policy solutions, such as emission taxes, as well as other supply and demand-side measures, that could help to strike a balance between GHG abatement and broader societal objectives.

At COP15 in 2009, developed countries committed to a collective goal of mobilising USD 100 billion per year by 2020 to support climate action in developing countries. Since 2015, at the request of donor countries, the OECD has been measuring progress towards this goal. In its latest analysis, the OECD found that in 2020 developed countries jointly mobilised USD 83.3 billion in climate finance, USD 16.7 short of the goal. Although support for adaptation action, Least Developed Countries (LDCs) and Small Island Development States (SIDS) continued to grow, climate finance largely focused on mitigation activities and was concentrated in a few high-emitting countries. The mobilisation of private climate finance was lower than anticipated and mostly took place in middle-income countries with relatively conducive enabling environments and relatively low-risk profiles. This event will discuss what can be learned from aggregate and disaggregated trends of climate finance provided and mobilised to date. During the discussions, presenters and panellists will delve into issues relating to the split between adaptation and mitigation finance, the distribution and concentration of climate finance across different country groupings, the use and role of different financial instruments in different contexts, the role played by enabling environments in scaling-up private finance, and more, with the aim of also highlighting opportunities for the future.

This virtual event will gather government representatives from donor countries and Small Island Developing States (SIDS), as well as other stakeholders engaged in supporting SIDS, to discuss the capacity development challenges and opportunities related to climate change mitigation and adaptation in SIDS. The event will build upon recent OECD work on the subject, sharing some of the emerging findings of this work across a range of subjects (e.g. access to finance, climate data and services, developing partnerships with academia or the private sector). The objective of the event is to provide an overview of the main barriers that SIDS face to effectively act on climate change, from a capacity angle, and to uncover opportunities and good practices that could inspire donors and other stakeholders in their work to support SIDS.

This event will discuss the importance of data to boost resilience and sustainability of African cities. Data enables decision makers at all levels of government to accurately plan, attract finance, and evaluate development with respect to mitigation and adaptation. However, access to reliable and accurate data remains a major obstacle across the continent. This panel will deep dive into how data is already being used in African cities to boost resilience and sustainability, the relevance of data to acquire climate finance, and emerging and new innovative data sources for African decision makers.

Given the need to scale up finance for the climate transition across all sectors globally, an increasing number of initiatives have set out climate transition and transition finance approaches. OECD guidance and analysis aim to support scaling up transition finance, strengthen market practices for Environmental, Social and Governance (ESG) investing, help markets efficiently finance the climate transition, and ensure climate alignment and environmental integrity in transition and net zero commitments and planning. This event highlights key challenges and solutions for markets and governments in supporting climate transition and climate alignment. Bringing in elements of recent OECD work, the event will consider, among other themes: 1) how to prevent greenwashing in transition finance while ensuring inclusiveness; 2) elements of credible corporate climate transition plans; 3) recommendations on market practices to finance a climate transition and strengthen ESG investing; and 4) methodologies to assess the climate consistency of finance and their links to climate policy objectives.

Our new Latin American Economic Outlook provides governments and policy makers with data and guidance to help regions transition to stronger, greener and more just policies. Join world leaders in development as we discuss: > How a green and just transition can promote a new productive matrix, create formal quality jobs, accelerate a new social contract, and reduce social disparities. > How to enlarge the net of stakeholders and use innovative tools to finance the transition. > How LAC can benefit from an international green agenda that proposes new partnerships for the region’s development. This launch is being held by the OECD Development Centre. It will take place live from Sharm-El-Sheikh at the EUROCLIMA+ Pavilion and will be livestreamed here on the OECD COP27 Virtual Pavilion. We look forward to seeing you there! #OECDatCOP27

Cette table ronde conjointe OCDE-France de haut niveau sur les résultats de l'Observateur de l’action climatique IPAC 2022 à la COP27 est l'occasion de partager la contribution de l'OCDE à l'agenda de la COP27 en matière d'ambition et de transparence par la présentation d'IPAC sur la scène mondiale. Le Programme international pour l'action sur le climat (IPAC) de l'OCDE soutient les progrès des pays vers des émissions nettes de gaz à effet de serre (GES) nulles et une économie plus résiliente d'ici 2050. Grâce à un suivi régulier, une évaluation des politiques et un retour d'information sur les résultats et les meilleures pratiques, IPAC aide les pays à renforcer et à coordonner leur action en faveur du climat. Il complète et soutient les cadres de suivi de la CCNUCC et de l'Accord de Paris. IPAC s'articule autour de quatre composantes : le tableau de bord des indicateurs liés au climat, le rapport d'étape du Climate Action Monitor, un condensé annuel des progrès des pays vers les objectifs climatiques s'appuyant sur le tableau de bord préliminaire, les notes pays avec des conseils politiques ciblés (à publier en 2023), et une plateforme interactive pour le dialogue et l'apprentissage mutuel entre les pays ayant des politiques en pratique. Cet événement aura lieu en direct de Sharm El-Sheikh et sera retransmis en direct ici sur le Pavillon virtuel de l'OCDE. This event will be streamed in parallel in English: https://bit.ly/IPACatCOP27

The joint OECD-France high-level panel discussion on the findings of the IPAC Climate Action Monitor at COP27 is an opportunity to share the OECD contribution to the COP27 agenda of ambition and transparency through the presentation of IPAC on a global stage. The OECD International Programme for Action on Climate (IPAC) supports country progress towards net-zero greenhouse gas (GHG) emissions and a more resilient economy by 2050. Through regular monitoring, policy evaluation and feedback on results and best practices, IPAC helps countries strengthen and co-ordinate their climate action. It complements and supports the UNFCCC and the Paris Agreement monitoring frameworks. IPAC is articulated in four components: the Dashboard of climate-related indicators, the Climate Action Monitor Progress Report, an annual digest of countries’ progress towards climate objectives building on the preliminary Dashboard, country notes with targeted policy advice (to be published in 2023), and an interactive platform for dialogue and mutual learning across countries with policies in practice. This event will take place live from Sharm El-Sheikh and will be livestreamed here on the OECD COP27 Virtual Pavilion. Cet événement sera diffusé en parallèle en français: https://bit.ly/IPACatCOP27_FR

In order to meet the goals of the Paris Agreement, efforts to tackle climate change are underway throughout the world. Asia is a key region when it comes to achieving net zero globally. Asia accounts for half of the world’s GHG emissions, and approximately 85% of the energy consumption there is from fossil fuels, which is projected to double in 2030. Therefore, it is salient, especially in Asia, to develop transition finance approaches and practices. This event, organised jointly by the OECD and the Ministry of Environment of Japan, will address key practices for and challenges to scaling up transition finance in Asia. Given the need to scale up finance for the climate transition across all sectors globally, an increasing number of initiatives have set out transition finance approaches. These include Japan's Basic Guidelines on Climate Transition Finance, as well as Singapore’s and ASEAN transition taxonomies, among others. To provide a bridge across a range of transition finance and transition plan initiatives and frameworks, and to increase transparency and help avoid greenwashing, the OECD Guidance on Transition Finance presents elements of credible corporate climate transition plans based on analysis, an industry survey and good practices to date. This event will spur action-oriented discussions and knowledge exchange on the latest initiatives and developments in the transition finance space in Asia and will identify priority areas to accelerate progress in the region. This event will take place live from Sharm El-Sheik and will be livestreamed here on the OECD COP27 Virtual Pavilion.

Political prioritisation of climate change has increased significantly over recent decades including among international development partners with the collective goal of mobilising USD 100 billion per year by 2020 for climate action in developing countries Even as countries race to reach this target, understanding the results of these efforts – including questions of relevance, effectiveness and efficiency – is becoming increasingly urgent. Several countries and multilateral institutions have begun to dig into the available data, providing glimpses of how their climate finance efforts are translating into real impacts for people and the planet. This panel will share findings of climate finance evaluations and discuss key lessons and policy messages for decision makers: climate policy architecture within international development co-operation, mobilisation and relevance. Speakers will look at evidence on three questions: 1. To what extent is the climate finance currently provided relevant to country needs and priorities? Is climate-related development assistance reaching priority countries, and which sectors and target groups are benefiting? 2. What evidence is there about the effectiveness of efforts to mobilise private sector finance for climate? 3. Where do development partners need to focus attention or what changes are needed to improve future climate finance efforts and accelerate progress? This event will take place live from Sharm El-Sheik at the EIB Benelux Pavilion and will be livestreamed here on the OECD COP27 Virtual Pavilion.

This event will tackle the most pressing issue of global climate policy today: ensuring the continued rapid and scaled implementation of net-zero policy despite overlapping global crises and disruptions. Recent events have only reinforced the need for resilience in terms of securing the realisation of fast, fair and equitable transitions as well as building resilience to the physical impacts of climate change itself. In an event under the OECD’s whole-of-organisation initiative on Building Climate and Economic Resilience, world leading experts will take stock of the economic and social pressures brought on by rapidly-evolving international events, including Russia's war on Ukraine, and explore the opportunities and risks to maintaining progress on climate goals.

How young people move and interact with transport matters. For them, mobility is a principal means of gaining access to education, work, friends and other opportunities. It is during youth that lasting travel behaviours are set. How, how frequently, how far and for what purposes young people move (or refrain from moving) will matter from a sustainability, economic, liveability, health and well-being perspectives. And yet rarely are the aspirations, desires, travel behaviours and expectations of youth directly or explicitly integrated into transport policy. This session will include youth voices, and will address the travel patterns and behaviours of youth, their expectations regarding mobility and life opportunities, their mobility-relevant experiences, and how youth may be brought into transport sector jobs and public sector transport policy-making. Have your say – come prepared! Participants in this session are invited to give their input into this topic in the chat to any of the following questions ‘How can youth voices be better reflected in transport?’ ‘How will today’s youth travel tomorrow?’ ‘How can we encourage youth to join the transport workforce?’ Relevant contributions will be read out by the moderator as part of the panel discussion. Contributions should be in 60 words or less, with weblinks where relevant.

Governments across the OECD and in many developing and emerging economies have rolled out significant support to shield households and firms from the impacts of rising energy prices, often by cutting taxes on energy use in an attempt to limit escalating prices. The European Union is now considering to introducing a price cap on natural gas. These policy interventions have affected market prices strongly and can indirectly affect the efficacy of carbon prices in steering consumers and producers towards low carbon choices. What lessons can we learn from these recent policy responses? What impact have these policy responses had on investors’ expectations on carbon prices and energy prices in the future? How do businesses take into account taxes and permit prices in the current energy market context when evaluating how much to invest in low or zero carbon assets? The investments needed for the transition to net zero require stable policy settings, but policy must retain flexibility to respond to extraordinary events – climate policy experts and business will be sharing views on how to strike the right balance. The discussion will be guided by the results of a new OECD report, Pricing Greenhouse Gas Emissions: Turning Climate Targets into Climate Action (https://oe.cd/pGHG), which tracks governments’ evolving use of carbon pricing and energy taxation in recent years. Download the presentation by Jonas Teusch (OECD) on Pricing Greenhouse Gas Emissions: https://oe.cd/4Lb

This event will focus on how we can leverage the current energy crisis to protect the most vulnerable people while at the same time bringing about changes that will allow society to become more just, inclusive, and green, including by maintaining momentum on climate objectives. This will allow everyone to emerge stronger from the crisis, rather than just survive it. As part of this transition, we need a societal shift, and more participation in decision-making processes from youth.

This event seeks to identify and discuss the key building blocks to rethink the development model in Latin America and the Caribbean (LAC) and the role of the green transition. The debate will raise awareness on the importance of advancing more sustainable production and consumption models in LAC, promoting new business models, implementing active labor market policies and strengthening social protection systems while fostering new green skills to attract sustainable investments needed to finance the transition. Given that climate change affects disproportionately the most vulnerable socio-economic groups in LAC, they should be placed at the core of the mitigation and adaptation policies. An integrated approach for the design and implementation of green policies could thus help reduce multi-dimensional inequalities and achieve a more resilient development model. This event will take place live from Sharm El-Sheikh and will be livestreamed here on the OECD COP27 Virtual Pavilion.

Cities, regions and basins have a key role to play in fostering a sustainable blue economy, which has been conservatively valued at USD 1.5 trillion and provides 30 million jobs globally. However, sea-level rise, floods and droughts exacerbated by climate change are increasingly threatening water-related economic activities, human health and coastal, marine and freshwater ecosystems. This session will launch the paper on “Cities and Regions for a “RISC-proof” Blue Economy” and discuss results and examples with government representatives and international organisations. Building on preliminary results from 56 cities, regions and basins responding to the OECD Global Survey on Localising the Blue Economy, the paper provides an overview of the state of play of the blue economy at subnational level, its governance and related gaps. It concludes by outlining how different levels of government can make the RISC-proof blue economy a reality through good water governance at the right scale.

Transport is not gender neutral, and nor are the causes and impacts of climate change. To create an inclusive and sustainable transport system, its gender dimensions need to be understood and addressed. This event will highlight the linkages between gender equality, transport and climate change, and examine the role of women in decarbonising transport. Why is adopting a gender-based analysis necessary when considering decarbonising transport policies? How can we strengthen awareness of the gender, transport and climate change policy nexus? What role do governments play? Speakers from transport ministers, international organisations, foundations and industry will share their commitments and goals in achieving gender equality through transport and climate measures. In this regard, the event will highlight guiding principles to help policymakers incorporate gender equality into their decarbonising transport goals, as highlighted in the ITF-FIA Foundation’s recent report on Gender equality and the role of women in decarbonising transport.

Land-value capture (LVC) is an innovative, funding instrument that can help fill the funding gaps for local and regional government investment needed to reach climate goals, notably in cities, in an efficient and equity-enhancing way. LVC is about policies to recover gains in the value of land government actions generate and put these resources to use for communities. The government actions which raise land values include actions to provide infrastructure and develop land in in the context of urban development in particular in the context of climate action. This event provides an overview of LVC instruments, their use across the globe, enabling conditions and barriers, and how LVC can help advance the climate agenda. Capturing land value gains can therefore help pay for infrastructure investment. And in particular the investment and urban development we need to make cities climate neutral.

The public launch of EFFECT will offer the opportunity to present the key highlights of this actionable blueprint for policy makers in fossil-fuel-producer and mineral-rich developing and emerging economies to seize the transformational opportunities and manage the risks associated with the low-carbon transition. A ministerial panel, involving producer and importer governments, will discuss how EFFECT can be implemented at the country and regional level, based on the shared responsibility between producing and consuming economies to drive systemic change and decarbonisation, while accounting for development priorities of developing economies. The event will build momentum toward the creation of just energy transition partnerships between advanced and developing economies to facilitate deployment of low-carbon technology, progressive fossil-fuel phase-out/down, renewables phase-in and capacity building.

There are major gaps in the measurement of the adoption and stringency of countries’ climate actions and policies. The climate actions and policies measurement framework (CAPMF) aims to fill this gap. It is the most comprehensive internationally harmonised climate-related policy database currently available. It comprises 128 policy variables, grouped into 56 policy instruments and other climate actions, covering the 52 countries participating in IPAC and the period 2000-2020. This event launches the CAPMF and discusses its use with diverse stakeholders.

AI-enabled technologies have huge potential to support positive climate action. From digital twin technology that model the Earth, to algorithms to make data centres more efficient, AI applications already support the green transition. But AI systems also raise sustainability concerns linked to the natural resources they consume such as electricity and water, and the carbon emissions they produce. The rise of deep learning and large language models has also dramatically increased the amount of compute capacity AI systems need. As the use of AI increases, governments and policy makers need to understand AI’s environmental impacts so that they can make evidence-based decisions. This begs the question: what is AI’s environmental footprint? This panel discussion explores these issues through the launch of the report "The AI footprint: measuring the environmental impacts of AI compute and applications". Informed by experts from the OECD.AI Expert Group on AI Compute and Climate and the Global Partnership on AI (GPAI) Responsible AI Working Group (RAI), the report examines existing measurement tools and key challenges for quantifying the positive and negative environmental impacts of training and deploying AI models and their applications. By creating and tracking AI-specific measures of compute, sharing best practices, and supporting new and innovative AI applications for fighting climate change, countries can ensure that AI is trained and deployed in the most sustainable way possible, while minimising negative impacts, for the good of the planet.

Measuring progress on adaptation is key to understand how actions can effectively strengthen climate resilience. Speakers will share lessons from evaluations of international donors’ interventions, from national measurement frameworks and from global reviews, relevant for the Global Stocktake. The event is organised by the OECD, the Institut du développement durable et des relations internationales (IDDRI) and the German Institute for Development Evaluation (DEval). This event will take place live from Sharm El-Sheikh and will be livestreamed here on the OECD COP27 Virtual Pavilion.

Achieving climate targets requires international collaboration to innovate and implement low-carbon technologies, including green hydrogen. The dynamic between co-operation and competition needs to evolve. A number of initiatives can be undertaken by the main countries developing hydrogen technologies on research and development, technical co-operation, investment facilitation and the development of trade routes. Moreover, international collaboration can stimulate timely investments. For example, assisting emerging and developing economies in deploying hydrogen projects could help phase out fossil fuels, thereby making hydrogen part of a just transition effort and supporting industrial development. The session will provide insights on how countries can develop national strategies and identify viable business models across the green hydrogen value chain. It will pay particular attention to the role of international partnerships in this process, that will contribute to facilitating the green hydrogen market creation and growth.

Intermediary cities have great untapped potential for addressing climate change and boosting rural and urban resilience. They play critical roles in urbanisation dynamics and are at the forefront of actions for climate mitigation and adaptation. In developing countries, however, intermediary cities are often characterised by fast and unplanned urbanisation processes which can generate undesirable repercussions (such as car dependency, sprawl, and high emission levels). Paired with systematic governance and financing constraints, these features disproportionately expose them to climate change and limit their capacity for climate action. Unless coherent actions are put in place, these cities risk following the same path as larger cities that are now struggling to reverse practices and become sustainable. Join us as we present the OECD/UN-Habitat report on Intermediary Cities and Climate Change. In addition to the report, government representatives, development partners, and international organisations will discuss key entry points and assets to consider when promoting climate action in these regions. This launch is being held by the OECD Development Centre and UN-Habitat. We look forward to seeing you there! #OECDatCOP27

Despite being considered as the greatest health emergency of the 21st century, climate change's wide-ranging impact on human health deserves far more attention, to bridge the gap in knowledge and understanding and help drive appropriate action. The session will focus on the international effort that requires in-depth understanding and co-ordination between multiple stakeholders—one in which international organisations like the OECD can play a critical role to systematically tailor policies aimed at simultaneously addressing the pandemic, the recovery and the transition to the net-zero economy.

In the transition to a climate-neutral economy by 2050, some manufacturing industries will need to undertake particularly profound transformations. These transformations will have major implications for production technologies and costs, energy and raw materials requirements and infrastructure needed to provide access to energy, raw materials, and transport. These manufacturing activities are regionally concentrated, hence the transformations will have local implications for regional development and employment. They may change skill requirements, redistribute jobs across locations, decrease jobs in some sectors and increase them in others. Hence, understanding regional implications of the industrial transition is essential to ensure a just transition and to allow regions to benefit from the transformations.

According to the IPCC Sixth Assessment Report, approximately 3.3 to 3.6 billion people live in a highly vulnerable situation due to climate change. Natural disasters are estimated to have caused $280 billion (USD) in global losses in 2021, highlighting the severe socio-economic losses on people’s livelihoods and the urgent need to take action. Since climate vulnerability including risks, sensitivities and adaptive capacity vary spatially, to take action, both local and regional governments have a critical need for resources to better map and interpret them. This session aims to address these challenges by bringing together policymakers, entrepreneurs and scientists to discuss the latest developments in climate risk mapping and assessments, showcasing products such as the OECD’s new IPAC dashboard with climate-related hazard indicators, Israel’s climate risk mapping work on a municipal level and city case studies from around the world.

This session, organised by the Partnership in Statistics for Development in the 21st Century (PARIS21), brings together experts and decision-makers to explore how a proliferation of climate change data can contribute to just and equitable climate action, and how to overcome coordination and coherence obstacles among an ever-expanding pool of climate change data producers and users. For a just climate change transition to succeed, countries must put the well-being of people at the heart of solutions, yet populations are diverse and have varying needs. Timely, accurate, disaggregated climate change data are fundamental to understanding how the complex interconnections of the environmental, social and economic aspects of climate change affect all people, including vulnerable and marginalised groups. Today, a proliferation of climate change data from public and private sector entities has yielded new solutions, yet coordination, governance and data quality challenges are also on the rise. A new approach is needed. PARIS21 has developed an ecosystem approach to climate change data that has the potential to transform coordination and coherence of data at the national level as well as strengthening the role of data in policymaking. This, in turn, can help drive a just transition towards climate-resilient societies by ensuring that decisions are based on the data that best enables policymakers to understand and respond to the heterogeneous needs of their populations.

One of the key topics on the COP27 agenda is the decarbonisation of high-emitting sectors. Accounting for 30% of direct global industrial emissions, the steel industry holds a pivotal role in achieving the Paris Agreement’s collective climate goals. On the eve of COP27, various key initiatives have been launched in order to support global steel decarbonisation and the development of common global standards for low carbon emission steel, including the Breakthrough Steel Action Plan, the Clean Energy Ministerial Industrial Deep Decarbonisation Initiative (IDDI) and Responsible Steel’s new international standard on defining sustainably produced and sourced steel. The ‘Setting the Standard for Steel Decarbonisation: A Call for Joint Action” event intends to take stock of and pay tribute to these various important initiatives, and to highlight how global cooperation can help in bringing them to the next level. The keynote presentations will be aimed at introducing these initiatives and will be followed by a panel discussion that will focus on the three following questions: 1. How can consensus on global standards for near zero and low carbon emission steel be reached in an inclusive way, taking into account different needs and characteristics of the steel industries according to different countries? 2. How can the development and use of standards be broadened from public procurement to international trade in steel? 3. How can global cooperation on such standards be deepened and expanded to help support their implementation?