Climate change is a fact of life. We need to act urgently if we are to avoid an irreversible build-up of greenhouse gases (GHGs) and global warming at a potentially huge cost to the economy and society worldwide. OECD analysis suggests that if we act now, we have 10 to 15 years’ “breathing...

This is the first report to look across the OECD membership at how regulatory impact analysis is actually designed and carried out. Concrete "best practices" are identified in areas such as improving the capacity of government to produce high-quality analysis, applying analytical methods...

Cost-benefit analysis (CBA) is indispensable for making good decisions on what transport projects to fund. It essentially aims to figure out which projects offer the best value for money. However, the practical relevance of CBA does not always live up to its appeal in principle. One problem is...