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Net Zero+

Climate and Economic Resilience in a Changing World

image of Net Zero+

Climate policy making today demands balancing the need for immediate, accelerated climate action with essential responses to punctual crises such as the COVID-19 pandemic and Russia’s war of aggression in Ukraine. Meeting this challenge requires a new approach centred on systemic resilience and the need to develop future-proof climate and economic policies that will endure potential diverse disruptions. This report offers policy makers a cohesive set of recommendations on how to build such resilience, derived from climate-relevant work from across OECD policy domains including economic and tax policy, financial and fiscal affairs, development, science and technology, employment and social affairs, and environmental policy, among others. It provides fresh insights on how to ensure the transition to net-zero emissions is itself resilient, while simultaneously building resilience to the increasing impacts of climate change. This report provides a synthesis of the OECD Net Zero+ project, covering the first phase of an ongoing, cross-cutting initiative, representing a major step forward for an OECD whole-of-government approach to climate policy.

English Also available in: French

Systemic resilience: an approach to future-proofing climate action

This chapter highlights how the confluence of recent overlapping global crises with the profound socio-economic changes necessary to enable the net-zero transition point to the need to pursue systemic resilience, ensuring that systems can anticipate, absorb, recover and adapt to potential future shocks. It defines systemic resilience and how it can be applied to climate policy making, including through the use of strategic foresight to identify and prepare for potential future disruptions.

English

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