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Aligning Policies for a Low-carbon Economy

image of Aligning Policies for a Low-carbon Economy

This report produced in co-operation with the International Energy Agency (IEA), the International Transport Forum (ITF) and the Nuclear Energy Agency (NEA) identifies the misalignments between climate change objectives and policy and regulatory frameworks across a range of policy domains (investment, taxation, innovation and skills, trade, and adaptation) and activities at the heart of climate policy (electricity, urban mobility and rural land use).

Outside of countries’ core climate policies, many of the regulatory features of today’s economies have been built around the availability of fossil fuels and without any regard for the greenhouse gas emissions stemming from human activities. This report makes a diagnosis of these contradictions and points to means of solving them to support a more effective transition of all countries to a low-carbon economy.

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Preface

Addressing human-induced climate change is one of the most significant challenges to be undertaken by the international community. The problem has long been identified but emissions of greenhouse gases keep rising, and the urgency of action increases with every passing year. Protecting the earth’s climate implies a transformational agenda that needs a resolute and enduring commitment. The IPCC Fifth Assessment Report tells us that we need to return global greenhouse gas emissions to a net zero level by the end of the century.

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