The Inclusive Forum on Carbon Mitigation Approaches (IFCMA) has released the first edition of its Climate Policy Database, providing unprecedented detail on how governments are tackling climate change through policy action.
With validated data covering 38 out of 60 countries so far, and around 1 600 carbon mitigation policy instruments, the Database offers granular insights across the full range of policies adopted by countries. This includes information on subsidies, taxes, emissions trading systems, technology and performance standards, as well as framework regulations and labelling schemes. It builds on the IFCMA Typology agreed by IFCMA members last year, which for the first time enables countries to classify climate change mitigation policies in a consistent and comparable way.
"This new flagship IFCMA Climate Policy Database is part of our broader efforts at the OECD to help optimise the global emissions reduction impact of emissions reduction efforts in countries around the world - through data and information sharing, evidence-based peer learning and multilateral dialogue," OECD Secretary-General Mathias Cormann said on launching the Database. "It provides policymakers with new, comparable data and information on different carbon mitigation approaches pursued in countries around the world. Through this database we will provide systematic and comprehensive data and information, going into granular detail, to help inform governments on all the options available to them when deciding on the best possible way to achieve emissions reduction outcomes in their relevant jurisdictions. Over time, this evidence-based mutual learning and the multilateral dialogue on minimising negative and maximizing positive crossborder spillover impacts of different approaches will help optimise the global emissions reduction impact of individual national efforts around the world."
The Database together with its online dashboard provides policymakers and the wider public with access to some of the most detailed information available yet on climate mitigation policy design.
All data - including information on more than 10 000 policy sub-schemes - was validated and reviewed by countries prior to the launch, through close engagement with the OECD. This level of detail supports governments in finding opportunities for reform, comparing policies, identifying overlaps across instruments and informing discussions on effective policy packages. Over time, the IFCMA will continue to expand the Database to include additional instruments and countries.
Launched three years ago, the IFCMA brings together climate, economic and tax policy experts from more than 60 countries, to help optimise the global impact of emissions reduction efforts through better data and information sharing, evidence-based mutual learning and inclusive multilateral dialogue.
For more on the IFCMA see Inclusive Forum on Carbon Mitigation Approaches | OECD.
Find the new IFCMA Database and Dashboard here: https://www.oecd.org/en/data/dashboards/ifcma-climate-policy-dashboard.html.
