The reform of environmentally harmful subsidies is a high priority for OECD countries. But is there agreement on a common definition of subsidies and on methods to measure them? Are enough reliable data and methods available to identify, measure and analyse environmentally harmful subsidies?...

Climate change is one of the key challenges facing the international community. The world’s industrial countries and those with economies in transition have, under the 1997 Kyoto Protocol, collectively agreed sharp limitations of their greenhouse gas emissions. Innovative provisions in this...