Business and Finance at the OECD

📈 NEW DATA Our 6-monthly roundup of foreign direct investment (#FDI) data is out now. In general, we see continuing downward trends, which could be a reflection of ongoing geopolitical tensions and a deteriorating overall economic climate.   Some key findings and trends for FDI in 2023 include:   ✔  Global FDI flows dropped by 7%, continuing on a downward trend and failing to reach pre-pandemic levels for the second year in a row. ✔ Downswings were recorded for more than two-thirds of OECD economies and other major FDI recipients, such as the People’s Republic of China, who received record-low FDI flows. ✔ Despite the drop, the United States was the leading FDI recipient worldwide, followed by Brazil and Canada. ✔ OECD equity flows remained below any level recorded since 2005, partially reflecting a slowdown in new investment activity. ✔ Cross-border mergers and acquisitions activity continued on a downward trend, hitting a ten-year record low. ✔ In general, greenfield investment activity stalled. The number of new projects announced dropped by 20% in advanced economies, but increased by 9% in emerging and developing markets.     Read full findings and access the data at: https://lnkd.in/dK4hYq5E

Embracing #sustainability is crucial in today's climate-impacted world. Companies are central to the shift towards a sustainable, low-carbon economy. While many disclose sustainability information, its quality must improve. Read more in the OECD Global Corporate Sustainability Report: https://brnw.ch/21wHRHj

Our recent report, Infrastructure for a Climate-Resilient Future, showed that economic losses from climate-related disasters are estimated to have increased sevenfold from an annual average of USD 198 billion in the 1970s to USD 1.6 trillion in the 2010s. New infrastructure developments are an opportunity to build-in climate resilience early-on and at a lower cost than having to retrofit existing assets. In light of this, we explore how to unlock finance for climate-resilient #infrastructure. Two key elements are: 🏗️Making climate resilience the norm for all infrastructure financing & investment 💡Exploring new funding models Take a look at the digital report, where we dive deeper into the issue: https://brnw.ch/21wJdeR

Decentralised Exchanges (#DEXs) are on-chain platforms where traders can exchange one crypto-asset for another. They play an increasingly important role in the decentralised finance (#DeFi) market, particularly in the aftermath of the recent downturn in the crypto-asset market. New OECD Working Paper examines DEXs and Automated Market Market (#AMM) activity. It identifies areas of possible concentration in decentralised exchanges activity and potential associated risks, using original on-chain data on some of the largest #liquiditypools. The paper reveals an increased concentration within DeFi trading in the sample observed, which could exacerbate vulnerabilities already present in DeFi markets. Read more: https://lnkd.in/dP6XxjgK Iota - Kaousar Nassr

Coming soon: OECD 2024 Ministerial Council Meeting Chaired by Japan, with vice-chairs Mexico and The Netherlands, Ministers will meet on the theme “Co-creating the flow of change: Leading Global Discussions with Objective and Reliable Approaches towards Sustainable and Inclusive Growth.” Governments are facing complex and interrelated issues, from climate change and digitalisation to the economic and social impacts of population ageing to challenges to the rule of law. These shared challenges are best tackled together. The MCM is the OECD’s highest-level forum, attended by ministers of finance, economy, foreign affairs, trade and other government departments from OECD Member and Partner countries, and by representatives of International Organisations. 📅 2-3 May Learn more: https://brnw.ch/21wITxc | #OECDministerial

📣 Call for contributions 📣 The OECD invites interested parties to provide written submissions on Belgium’s and South Africa’s efforts to implement the OECD Anti-Bribery Convention and fight bribery in international business transactions by 📅 31 May 2024. Expressions of interest to participate in the on-site visits are also welcomed. Learn more on #Belgium ➡ https://lnkd.in/dAiMyCNM Learn more on #SouthAfrica ➡ https://lnkd.in/dKENK48R

Did you miss the most recent edition of our newsletter? Read it below for insights on: 🏗 Our new report Infrastructure for a Climate-Resilient Future 📽 Replays of the 2024 Infrastructure Forum that took place last week ⏰ The upcoming OECD Forum on Responsible Mineral Supply Chains Don’t forget to subscribe to get OECD Business and Finance updates directly in your inbox each month: https://lnkd.in/eFHeFGY9

SUBMISSION DEADLINE APPROACHING! April 15, 2024

🗓 REMINDER: The deadline for contributions is 19 April, one week away. We look forward to receiving your written submissions.

How can we unlock finance for climate-resilient infrastructure? ✔️ Make climate resilience the norm for all infrastructure financing & investment ✔️ Explore new funding models Targeted, early action to mainstream climate resilience into infrastructure projects adds an average of 3% to total project costs and leads to long term gains. It can save lives, reduce exposure to climate-related risks, and lower maintenance cost over the lifetime of the asset. Economic losses from climate-related disasters are estimated to have increased sevenfold from an annual average of USD 198 billion in the 1970s to USD 1.6 trillion in the 2010s. New infrastructure developments are an opportunity to build-in climate resilience early-on and at a lower cost than having to retrofit existing assets. 🔗 https://brnw.ch/21wIDAU #OECDinfra Mamiko Yokoi-Arai | Ana Novik | Nicolas Pinaud | Carmine Di Noia |