Investing in Climate for Growth and Development

Climate action has gained momentum over the past decade, driving real economic opportunities. However, current efforts are not keeping pace with rising risks. Slower climate action means delaying investments that are critical to ensure future climate resilience, prosperity and well-being.

In 2025 countries have a window of opportunity to regain momentum and realise the multiple benefits of strengthened climate action as they submit updated national climate plans – or Nationally Determined Contributions (NDCs). This comes as an OECD-UNDP report provides new evidence that accelerating climate action is not only feasible, it also makes economic sense – driving growth, unlocking development dividends and preventing losses from climate disasters.