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New Zealand Experience of Peer Review

New Zealand Experience of Peer Review. and the APEC Fossil Fuel Subsidy Reform Work Programme. Mark Blackmore, Principal Advisor, New Zealand Treasury. Why do peer reviews?. New Zealand’s experience. OECD Economic Policy & Performance APEC: Peer Review on Energy Efficiency

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New Zealand Experience of Peer Review

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  1. New Zealand Experience of Peer Review and the APEC Fossil Fuel Subsidy Reform Work Programme Mark Blackmore, Principal Advisor, New Zealand Treasury

  2. Why do peer reviews?

  3. New Zealand’s experience • OECD Economic Policy & Performance • APEC: • Peer Review on Energy Efficiency • Fossil-fuel subsidy reform work programme • Voluntary Reporting Mechanism • Peer Review

  4. OECD Economic Policy & Performance • Provides independent assessment and advice: • Policies to deliver higher living standards • Environmental policies • Support measures for fossil fuels • Benefits include: • Robust data • Independent advice • Comparative analysis • Encouragement from peers

  5. APEC Peer Review on Energy Efficiency • Benefits include: • Snapshot of entire energy-efficiency regime • Expert advice • Wider policy debate • Positive examples and best practice

  6. Why is the PREE successful? • Agreed objectives and guidelines • Share information • Opportunities to learn from others • Formulate action plans • Monitor progress • Recommendations for voluntary implementation

  7. Why is the PREE successful? • Agreed objectives and guidelines • Voluntary system • Clear definition of the roles and responsibilities of the volunteer economy • Review Team - including IOs • Breadth of interviews • Review criteria • Report and sharing of experiences • Mindful of potential sensitivities

  8. APEC Fossil-Fuel Subsidy Reform • Work programme: • Complementarity with G20 initiative • APEC Leaders’ commitment to: “rationalize and phase-out inefficient fossil-fuel subsidies that encourage wasteful consumption, while recognizing the importance of providing those in need with essential energy services”

  9. APEC Fossil-Fuel Subsidy Reform • Work programme: • 2011 Study • Awareness-raising workshops • Voluntary reporting mechanism • Capacity building workshop • Voluntary peer-review process

  10. APEC FFSR Voluntary Reporting • Objectives: • Assess and report inefficient fossil-fuel subsidies • Share lessons-learned regarding reform • Build towards best practice for reform • NZ used the OECD Inventory of Support Measures

  11. APEC FFSR Peer Review • Goals: • Improve the quality of reporting to Leaders • Provide targeted assistance for economies that wish to implement reform • Facilitate learning from experience including positive examples and policy tools • Two key elements: • Transitional policies • Communications plans

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