Promoting Sustainable Investment and Rethinking Infrastructure

The 9th edition of the flagship OECD Forum on Green Finance and Investment on Moving from commitments to actions in the decade for delivery: towards impactful green and sustainable finance (5-7 October 2022), explored how key stakeholders are responding to the urgent need to ensure that sustainable investments deliver the impact and progress required to achieve global environmental and development objectives. The Forum brought together the most influential global actors from both the public and private sector to discuss policies and changes required to foster transformative investments in the real economy and achieve low GHG emissions and climateresilient development while halting the loss of biodiversity and ecosystem services.

The Forum convened a series of high-level panels and parallel sessions on a wide range of pressing green and sustainable finance issues, ranging from the emergence of transition finance, the evolution of ESG investing, the integration of biodiversityrelated financial risks, to the genderenvironment nexus.

The Forum welcomed over 100 high-level speakers and 1800 attendees+ from 130 countries: the participation this year was higher than ever before.

Six

low-emission, resilient infrastructure

Key Publications and websites

• Clean energy finance and investment roadmap of India (2022)

• Framework for industry’s net zero transition (2022)

• Blended finance guidance for clean energy (2022)

• Enabling conditions for bioenergy finance and investment in Colombia (2022)

• OECD Guidance on Transition Finance: Ensuring Credibility of Corporate Climate Transition Plans, Green Finance and Investment (2022)

• Financing a Water Secure Future (2022)

• Aligning Regional and Local Budgets with Green Objectives: Subnational Green Budgeting Practices and Guidelines (2022)

• Clean energy finance and investment policy review of Viet Nam ( 2021)

• Clean energy finance and investment policy review of Indonesia (2021)

• De-risking institutional investment in green infrastructure: 2021 progress update (2021)

• The role of OECD instruments on responsible business conduct in progressing environmental objectives (2021)

• Green Infrastructure in the Decade for Delivery: Assessing Institutional Investment (2020)

• Developing Sustainable Finance Definitions and Taxonomies (2020)

• www.oecd.org/cgfi

• www.oecd.org/finance/lti

• www.oecd.org/greengrowth/green-investment-banks.htm

• www.oecd.org/cefim/

• www.oecd.org/regional/sngclimatefinancehub.htm

Contact for more information

Robert Youngman

Environment Directorate

E-mail: Robert.Youngman@oecd.org

Cecilia Tam

Environment Directorate

E-mail: Cecilia.Tam@oecd.org

Green public procrurement

Public procurement represents 12% of GDP and nearly 30% of total government expenditures on average across OECD countries. This is a clear sign of public procurement’s potential to support broader policy objectives including that of green growth.

By using their purchasing power to choose goods, services and works with a reduced environmental impact, governments can make an important contribution towards sustainability goals. Green public procurement can be a major driver for innovation, providing industry with real incentives for developing green products and services, particularly in sectors where public purchasers represent a large share of the market (e.g. construction, health services, or transport). Public procurement could create lead markets for industrial and construction innovations beyond ongoing efforts to green public procurement.

Key Publications and website

• Mainstreaming strategic public procurement to advance regional development (2022)

• Life-Cycle Costing in Public Procurement in Hungary - Stocktaking of Good Practices (2022)

• Integrating Responsible Business Conduct in Public Procurement (2020)

• Sustainable Public Procurement in Norway (2020)

• Public Procurement for Innovation: Good Practices and Strategies, OECD Public Governance Reviews (2017)

• The Role of Public Procurement in Low-carbon Innovation (2016)

• Going Green: Best Practices for Sustainable Procurement (2015)

• www.oecd.org/gov/public-procurement/green