Equitable Framework And Finance For Extractive Based Countries In Transition Effect


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Equitable Framework and Finance for Extractive-based Countries in Transition (EFFECT)


Equitable Framework and Finance for Extractive-based Countries in Transition (EFFECT)

Author:

language: en

Publisher:

Release Date: 2022


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How can fossil fuel producers and mineral-rich developing countries design realistic, just and cost-effective low-carbon transition pathways? Taking into account the heterogeneity of low-carbon trajectories, the Equitable Framework and Finance for Extractive-based Countries in Transition (EFFECT) provides options for policy makers, industry and finance institutions in search of the answers. The report aims to help them seize the transformational opportunities linked to sustainable, low-carbon growth. It identifies ways of mitigating the transition's impacts on fossil fuel industries, workers and poor households, and of preventing the risks of high-carbon lock-in and stranded assets. Recognising the shared responsibility of consuming and producing countries in reducing fossil fuel production and use, EFFECT advocates for transformative partnerships for technology transfer, green finance and capacity building. Ultimately, it supports an equitable sharing of the transition's benefits and costs, both across and within countries.

Equitable Framework and Finance for Extractive-Based Countries in Transition (EFFECT)


Equitable Framework and Finance for Extractive-Based Countries in Transition (EFFECT)

Author: ORGANISATION FOR ECONOMIC CO-OPERATION AND DEVELOPMENT: DEVELOPMENT CENTRE.

language: en

Publisher:

Release Date: 2023-11-15


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How can fossil fuel producers and mineral-rich developing countries design realistic, just and cost-effective low-carbon transition pathways? Taking into account the heterogeneity of low-carbon trajectories, the Equitable Framework and Finance for Extractive-based Countries in Transition (EFFECT) provides options for policy makers, industry and finance institutions in search of the answers. The report aims to help them seize the transformational opportunities linked to sustainable, low-carbon growth. It identifies ways of mitigating the transition's impacts on fossil fuel industries, workers and poor households, and of preventing the risks of high-carbon lock-in and stranded assets. Recognising the shared responsibility of consuming and producing countries in reducing fossil fuel production and use, EFFECT advocates for transformative partnerships for technology transfer, green finance and capacity building. Ultimately, it supports an equitable sharing of the transition's benefits and costs, both across and within countries.

OECD Development Policy Tools Equitable Framework and Finance for Extractive-based Countries in Transition (EFFECT)


OECD Development Policy Tools Equitable Framework and Finance for Extractive-based Countries in Transition (EFFECT)

Author: OECD

language: en

Publisher: OECD Publishing

Release Date: 2022-11-15


DOWNLOAD





How can fossil fuel producers and mineral-rich developing countries design realistic, just and cost-effective low-carbon transition pathways? Taking into account the heterogeneity of low-carbon trajectories, Equitable Framework and Finance for Extractive-based Countries in Transition (EFFECT) provides options for policy makers, industry and finance institutions in search of the answers.