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Published on Tuesday, January 23, 2024

Global | Climate Policies: Widening Range and Enhanced Stringency, but More is Needed

Summary

The analysis of climate targets and policies reveals increasing range and stringency, while also showing the gaps in achieving global net-zero targets.

Key points

  • Key points:
  • The OECD's Climate Actions and Policies Measurement Framework (CAPMF) offers crucial insights into the stringency and evolution of climate policies.
  • There is still significant potential for enhanced climate action, with developed nations generally showing more proactive engagement.
  • While the actual effectiveness of climate policies remains uncertain, largely influenced by various socioeconomic factors, their tracking and categorizing is essential in assessing the progress and effectiveness of global climate action.

Geographies

Documents and files

Report (PDF)

NOTAECW240119OECDClimatePoliciesDashboard_edi.pdf

English - January 23, 2024

Authors

JB
Joxe Mari Barrutiabengoa BBVA Research - Senior Economist
JC
Julián Cubero BBVA Research - Lead Economist
NG
Nara González BBVA Research
PM
Pilar Más Rodríguez BBVA Research - Principal Economist
DP
Diego Pérez González BBVA Research
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