Click to enlarge.

Development aid for water supply and sanitation projects has risen in recent years after a decline in the late 1990s. Considering the importance of safe water, perhaps it hasn’t risen far enough. In 2007-08, OECD Development Assistance Committee countries committed on average $5.1 billion in bilateral annual aid to the water supply and sanitation sector, 50% up on 2003-04 in real terms. When combined with aid from multilateral agencies, the total was $6.6 billion. Over the 2003-08 period, bilateral aid to water increased by an annual average of 15%, while multilateral aid rose 3% annually. Still, for DAC countries, aid to the water supply and sanitation sector rose to just 7% of all aid commitments in 2007-08, only slightly up from 6% in 2003-04.

European businesses were disappointed with the climate change agreement hammered out in Copenhagen. Here’s one way forward.

At Copenhagen world leaders moved forward in step on climate change. More progress is needed in the year ahead.

Radovan Stoklasa/Reuters

Reducing greenhouse gas (GHG) emissions is a key objective of energy policies in many countries. As energy consumption will continue to increase in the medium and long term, even if the recent financial crisis might curtail this rise momentarily, there is a general consensus on the need to foster the development and use of all carbon-free options for energy supply. What role can nuclear energy play?

The UK government has prepared a map of the world showing how the effects of climate change would differ by region. The map, presented to OECD Secretary-General Angel Gurría by the British ambassador to the OECD, Dominic Martin, shows the likely impact on the planet of a 4 °C rise in the global average temperature.

©Aladin Abdel Naby/Reuters

Environmentally-friendly investments form part of many recently launched recovery programmes. With the right policies, they could achieve growth and a cleaner planet as well.

In the current financial crisis, risk-weary investors worry more about keeping their own boats afloat than in pumping money into a sector noted for high upfront costs, long pay back periods and low rates of return.

©Oswaldo Rivas/Reuters

Water, is as essential to human activity as air. When cities or societies neglect water, they face collapse. The discussions and analyses emerging from the current economic crisis focus on what went wrong, how to stop the downward spiral, and how to create a better society in the future. But one thing is missing in all the talk of short-term stimulus packages and developing “green growth” economies and that is water.

Ban Ki Moon, UN Secretary General, speaks at the Bali Conference on Climate Change, December 2007
©OECD Observer No. 264/265, December 2007-January 2008

The United Nations Framework Convention on Climate Change Conference in Bali in December 2007 was high in political stakes as well as emotion. But did it produce a result and what more might be done? New Zealand’s climate change ambassador offers his views.

©OECD/Nguyen Tien

This is my last editorial for the OECD Observer before I step down as secretary-general in May 2006. Nevertheless, I will focus on the future, rather than dwell on the past. That is not to say that we should ignore John Maynard Keynes’ advice that we should examine the present, in light of the past, for the purposes of the future. But sometimes the present and the future cannot draw many useful lessons from the past.

Economic data

GDP growth: +0.6% Q3 2017 year-on-year
Consumer price inflation: 2.3% Sept 2017 annual
Trade: +4.3% exp, +4.3% imp, Q3 2017
Unemployment: 5.7% Sept 2017
Last update: 14 Nov 2017

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