Setback for Climate Policy: OECD's Ban on Foreign Fossil Fuel Financing Falls Through

Setback for Climate Policy: OECD's Ban on Foreign Fossil Fuel Financing Falls Through
6 months ago

In a significant disappointment for global climate initiatives, the Organisation for Economic Co-operation and Development (OECD) has seen its ambitious proposal to ban international financing for fossil fuel projects collapse. This decision, made during recent negotiations among member states, has raised concerns about the commitment of governments to prioritize sustainable energy investments over fossil fuel developments.

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OECD Warns UK’s Fiscal Policies are Unsustainable Without Increased Taxation

OECD Warns UK’s Fiscal Policies are Unsustainable Without Increased Taxation
6 months ago

The Organization for Economic Co-operation and Development (OECD) released a report on December 4, 2024, raising alarms about the United Kingdom's fiscal approach, emphasizing that the current financial stance is unsustainable unless significant tax increases are implemented. The assessment comes in light of ongoing challenges the UK faces concerning its public finances.

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OECD Calls for Unified Corruption Fighting Body in South Africa

OECD Calls for Unified Corruption Fighting Body in South Africa
6 months ago

In a recent report, the Organisation for Economic Co-operation and Development (OECD) has presented a compelling case for South Africa to establish a centralized authority dedicated to combating corruption. This recommendation aims to streamline efforts currently fragmented across various sectors, thereby enhancing the effectiveness and accountability of anti-corruption measures in the country.

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