Details

Autor(en) / Beteiligte

• OECD
• Organization for Economic Cooperation & Development,

Titel

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

Auflage

1st ed

Ort / Verlag

Paris : Organization for Economic Cooperation & Development,

Erscheinungsjahr

2022

Beschreibungen/Notizen

• Intro -- Foreword -- Acknowledgements -- Table of contents -- Executive summary -- Differentiation of recommendations -- Overview: Context, guiding principles and key policy recommendations -- Key findings -- Guiding principles for a just, low-carbon transition -- Key policy recommendations -- Pillar 1: Decarbonising extractives and managing uncertainties -- Pillar 2: Sustainable fossil fuel exit strategies and just transition plans -- Pillar 3: Systemic change and economy-wide decarbonisation -- Pillar 1 Decarbonisation of extractives and managing uncertainties -- 1.1. Understanding and managing the uncertainties and risks of continuous reliance on fossil fuels -- 1.1.1. Understanding the transition risks facing new and emerging producers -- 1.1.2. Aligning the investment strategies of national oil companies with low-carbon transition pathways -- 1.2. Decarbonising extractives -- 1.2.1. Methane emissions reduction -- 1.2.2. Enabling measures and incentives -- 1.2.3. Utilising associated gas -- 1.2.4. Reducing methane emissions across the LNG value chain -- 1.2.5. Reducing methane emissions from coal mining -- 1.2.6. Integrating renewables into upstream extractive projects -- 1.2.7. Deploying carbon capture (utilisation) and storage technology -- 1.2.8. Utilising CO2 -- 1.3. Addressing the technology gap -- 1.3.1. Creating an enabling environment to incentivise the deployment of low-carbon technology -- 1.3.2. Fostering sustainable technology transfer -- References -- Pillar 2 Sustainable fossil fuel exit strategies and just transition plans -- 2.1. Understanding transition risks -- 2.2. Just transition planning in fossil fuel-intensive sectors and regions -- 2.2.1. Structuring social dialogue and stakeholder engagement mechanisms -- 2.2.2. Assessing impact in affected areas and designing a comprehensive policy response.
• 2.2.3. Promoting skills transferability and quality jobs through active labour market measures -- 2.2.4. Mitigating negative impacts through universal social protection and compensation measures -- 2.3. Decommissioning and repurposing fossil fuel assets and infrastructure -- 2.3.1. Managing accelerated decommissioning in the oil and gas sector -- 2.3.2. Repurposing oil and gas upstream and midstream infrastructure in support of industrial decarbonisation objectives -- Repurposing oil and gas transport infrastructure for hydrogen and CO2 transport -- Repurposing depleted oil and gas reservoirs for CC(U)S -- Integrating oil and gas infrastructure repurposing with industrial decarbonisation -- 2.3.3. Managing early retirement of carbon intensive power generation -- 2.3.4. Capturing value from ageing coal-fired power plants through repurposing -- 2.3.5. Managing decommissioning, land remediation and restoration, and redevelopment of thermal power plant sites and coal mines -- 2.4. Closing the financing gap -- 2.4.1. Enhancing and improving access and delivery of climate finance to fossil fuel-based emerging and developing economies -- 2.4.2. Mitigating risk to encourage private investment in low-carbon infrastructure -- 2.4.3. Mobilising sustainable finance through green bonds -- 2.4.4. Leveraging debt for climate swaps to free up fiscal space in fossil fuel emerging and developing economies -- Notes -- References -- Pillar 3 Systemic change and economy-wide decarbonisation -- 3.1. Laying down the global foundations for systemic change: Resetting the relationship between importer and producer fossil fuel-based and mineral-rich developing economies -- 3.1.1. Reshaping the relationship between the state and its citizens: A necessary condition to build broad societal support for the low-carbon transition.
• 3.1.2. Using scenario analysis to assess and manage transition risks -- Using scenario analysis to assess and manage risks of continuous reliance on fossil fuels -- 3.1.3. Integrating national development and decarbonisation plans -- 3.1.4. Mobilising transition finance -- Transition finance complements green finance -- 3.2. Economic diversification -- 3.2.1. Producing hydrogen and derivatives -- 3.2.2. Developing lithium-ion battery value chains -- 3.2.3. Developing a responsible mining sector and sustainable critical minerals value chains -- Good governance of the mining sector -- Circular economy approach -- 3.2.4. Developing sustainable agricultural supply chains -- 3.2.5. Valuing natural capital to advance the low carbon transition -- Valuing natural capital -- The role of accounting mechanisms in the valuation of natural capital -- 3.3. Restructuring fiscal frameworks and reforming energy pricing to optimise domestic resource mobilisation, build redistributive taxation systems and correct misaligned incentives -- 3.3.1. Addressing misaligned incentives through fossil fuel subsidy reform and carbon pricing -- Reforming fossil fuel subsidies -- How to approach fossil fuel subsidy reform -- Managing the distributional and political economy implications of fossil fuel subsidy reform -- Accounting for negative externalities through carbon pricing -- Administratively straightforward carbon pricing via fuel taxes -- Building more sophisticated carbon pricing mechanisms and linking carbon markets -- Revenue recycling from fossil fuel subsidy reform and carbon pricing -- 3.3.2. Raising revenue collection by addressing tax compliance and restructuring fiscal frameworks -- 3.3.3. Spending better through more efficient and redistributive fiscal frameworks -- 3.4. Addressing energy poverty and decarbonising electricity systems.
• 3.4.1. Managing power sector planning for least-cost decarbonisation and expansion -- 3.4.2. Attracting private sector participation through reform of the power sector -- 3.4.3. Tackling energy poverty through decentralised energy access -- 3.5. Encouraging low-carbon technology transfer, innovation and diffusion through science, technology and innovation policy -- 3.6. Enhancing low-carbon mobility and decarbonising transport -- 3.6.1. Decarbonising freight transport -- 3.7. Decarbonising the buildings and residential sector through energy efficiency and renewable installations -- 3.7.1. Incentivising renewable energy auto-generation for buildings -- 3.7.2. Addressing embodied carbon emissions in buildings -- Notes -- References.
• 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.
• Description based on publisher supplied metadata and other sources.