Equitable Framework and Finance for Extractive-Based Countries in Transition (EFFECT)
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) provid...
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| Autor Corporativo: | |
| Formato: | Libro electrónico |
| Idioma: | Inglés |
| Publicado: |
Paris :
Organization for Economic Cooperation & Development
2022.
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| Edición: | 1st ed |
| Materias: | |
| Ver en Biblioteca Universitat Ramon Llull: | https://discovery.url.edu/permalink/34CSUC_URL/1im36ta/alma991009704797006719 |
Tabla de Contenidos:
- 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.
