OECD reviews costs of green policy inaction

Report highlights "fundamental methodological difficulties" associated with estimating costs

The Organisation for economic cooperation and development (OECD) has published a report on the costs of green policy inaction, based on a review of literature in four areas including air and water pollution and climate change.  OECD environment ministers demanded such a study in 2004 (EED 21/04/04).  The report highlights "fundamental methodological difficulties" associated with estimating the costs of inaction.  However it is clear that these costs can be "considerable", authors conclude.  See OECD press release.

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