The biological sciences are adding value to a host of products and services, producing what some have labelled the “bioeconomy”. From a broad economic perspective, the bioeconomy refers to the set of economic activities relating to the invention, development, production and use of biological products and processes. If it continues on course, the bioeconomy could make major socioeconomic contributions in OECD and non-OECD countries. These benefits are expected to improve health outcomes, boost the productivity of agriculture and industrial processes, and enhance environmental sustainability. The bioeconomy’s success is not, however, guaranteed: harnessing its potential will require coordinated policy action by governments to reap the benefits of the biotechnology revolution.
This publication presents the OECD Innovation Strategy, the culmination of a three-year, multidisciplinary and multistakeholder effort. It provides analysis and policy guidance on a broad range of issues from education and training policies, to policies that provide a conducive business environment and infrastructure for innovation, to policies that foster the creation and diffusion of knowledge. It can support government efforts to develop effective innovation strategies and to achieve key economic and social objectives. It advocates an approach which takes into account the interplay of different policy domains and brings them together through supportive mechanisms for governance at the local, regional, national and international levels.
Developments over the past few years have shown that reforms to address climate change are no less difficult to implement than reforms in other areas, even if the objective of limiting global warming is broadly accepted. In the case of global public goods such as the climate, the political challenge is further complicated by the need to convince voters that domestic action to reduce greenhouse gas emissions is worth taking, notwithstanding the cost and uncertainties regarding other countries’ commitments. This paper seeks to draw a number of political-economy lessons from reform experience in other economic areas, and considers how these lessons can be applied to the particular case of climate change mitigation policy. It examines the main ingredients for building a constituency for greenhouse gas (GHG) emissions reduction policies at home, stressing the need to establish the credibility of the overall objective and intermediate targets.
In March, 2011, China officially adopted its 12th Five-Year Plan, a blueprint for China’s development from 2011 to 2015. Its green targets will shape the country’s action on the environment over the next five years. But what are they? How were they decided? And what do they tell us about China's future path? In this book, chinadialogue brings together expert views from China, the United States and Europe on the significance of the Five-Year Plan, for China - and the wider world.
This working paper summarises output from Project Catalyst, an initiative of the ClimateWorks Foundation, aimed at providing analytical support for the UNFCCC negotiations on a post-Kyoto international climate agreement. It seeks to show how to spread best practice around the world effectively by learning from and building upon the experiences of first-generation low carbon growth plans (LCGPs). Key to each country’s LCGP is the balance between maximising mitigation and adaptation efforts whilst maintaining economic growth necessary to ensure that decades of developmental gains are not rolled back. A data-driven and country-specific LCGP is essential to guaranteeing success in finding this balance. The paper covers how the plans are developed and analysed, citing numerous examples of LCGPs from countries such as Mexico and South Africa.
The paper identifies some commonly shared factors determinant to success: