Green growth oecd canada 50 years 3 rd june 2011
This presentation is the property of its rightful owner.
Sponsored Links
1 / 22

Green Growth OECD – CANADA 50 YEARS 3 rd June 2011 PowerPoint PPT Presentation


  • 104 Views
  • Uploaded on
  • Presentation posted in: General

Green Growth OECD – CANADA 50 YEARS 3 rd June 2011. Simon Upton, Director, Environment. Growth & development. Wealth and GDP (2005 US$ per capita, wealth on bottom axis). Low income. Middle income. Growth – not just a developing country concern. Demographics. Jobs. Debt.

Download Presentation

Green Growth OECD – CANADA 50 YEARS 3 rd June 2011

An Image/Link below is provided (as is) to download presentation

Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author.While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server.


- - - - - - - - - - - - - - - - - - - - - - - - - - E N D - - - - - - - - - - - - - - - - - - - - - - - - - -

Presentation Transcript


Green Growth

OECD – CANADA 50 YEARS

3rd June 2011

Simon Upton, Director, Environment


Growth & development

Wealth and GDP (2005 US$ per capita, wealth on bottom axis)

Low income

Middle income


Growth – not just a developing country concern

Demographics

Jobs

Debt


The need for green

2050

World GDP (2005, PPP)

USD 300 trillion

2030

USD 150 trillion

2010USD 70 trillion

Food + 35%

Energy + 37%

Resources + 70%

1990

Source: OECD

Source: Global Footprint Network


Risks in not going green: bottlenecks

Source: OECD.

Source: World Bank


Risks in not going green: shocks to food supply

Biodiversity loss(2000-2030)

Pressures on natural capital

By 2030, business as usual:

Production +35%

Land +6%

Land at risk of erosion + 17%

Water scarcity +30%

% mean species abundance loss

Source: OECD


Risks in not going green: water scarcity

Living with risk of water scarcity (millions of people under water stress)

Source: OECD


Risks in not going green: pollution and human health

Premature deaths from PM10 exposure(per million inhabitants)

Source: OECD


Risks in not going green: systemic risks

GHG emissions and climate change(per million inhabitants)

Costs of climate change(% loss, present value of consumption)

Source: OECD (see e.g. OECD (2008) “Costs of Inaction”) andUK Treasury “Stern review”


Better measurement: the capital base of economies

Capital stock shares

Source: Arrow et al (2009) in NBER WP 16599


Better measurement for better policy choices

Cost of GHG mitigation: GDP and GDP+

Source: OECD


Growth from green perspective

Direct cost of GHG mitigation

Structural reforms

The gap in 2050 = 4%

Source: OECD


Green Fiscal Reform

US

Japan

Ireland

UK

Deficit improvement to stabilise debt by 2025, % of GDP

New Zealand

Greece

Netherlands

Sweden

Switzerland

Revenue from taxes on energy, CO2 and other pollutants, % of GDP, 2008. Excludes vehicle taxes


Current environmental taxes

Tax revenue, % of GDP


Improving resource management

State of catch fisheries, 2008

Revenue, 2004

Over-exploited(31%)

$78 billion

Subsidies

Fully-exploited

(53%)

$10 bn+

Economic loss

$50 billion

Operating deficit, $5 billion

Under-exploited(16%)

Source: FAO

Source: “Sunken Billions”, FAO World Bank


Removing fossil fuel subsidies

Income gains from unilateral subsidy removal (% change in HH income vs BAU)

10% less emissions globally from removal of fossil fuel subsidies

USD 312 billion

2009 , developing country fossil fuel consumption subsidies

?

USD 115 billion, 2009 investment in renewables

Source: Joint OECD/IEA analysis


Reframing environmental challenges

Regulation and diffusion of ICT

US

Sweden

ICT investment

% of total, average 1995-2003

UK

Belgium

Canada

Greece

Germany

France

Spain

Regulation in ICT-using sectors

Average1995-2003

Source: OECD


Overcoming inertia

Lifespan of capital investments

World GDP

USD 16 trillion

Rents embodied in fossil fuel reserves

USD 6.7 trillion

Sunk capital


Costs of moving too slow

Coal-fired generation capacity, IEA 450ppm scenario

300GW retired early (loss > USD 70 billion)


Response to prices

NOx Tax in Sweden

Source: OECD


It’s ok to imagine new patterns of growth and innovation

Source: Merrill Lynch


Green Growth framework


  • Login