OECD Business and Finance

Rebuilding Ukraine is not only a humanitarian priority, but also one of the most complex financing challenges Europe has faced in decades. But how do you fund a USD 588 billion recovery? Ukraine’s reconstruction needs far exceed what public budgets can deliver. With a large budget deficit, high public debt and elevated risk, it needs to attract more private investment to recover. The priority now is to mobilise private investment through innovative financing mechanisms. Three tools stand out – find out more below. Read the full report: https://brnw.ch/21x4giP

A net-zero commitment only reduces risk if it is backed by real progress. Where financial institutions fall short, prudential risks may arise, from legal and reputational risks to credit, market and liquidity risks. 🗓️ Join us on 2 September, 15:00-16:00 CEST, for the launch of a new OECD report exploring this topic. As climate-related financial risks continue to evolve, supervisors may need reliable information to assess whether financial institutions are on credible transition pathways. The report, funded by the European Union through the Technical Support Instrument (TSI) in co-operation with SG REFORM, examines how climate-related disclosures and supervisory information can help support these assessments and proposes a practical framework to help supervisors evaluate risks linked to financial institutions' net-zero commitments. The online event will feature: 🔹A presentation of the report’s main findings by Carmine Di Noia, Director for Financial and Enterprise Affairs, OECD 🔹 Remarks from Willem Heeringa, Head of Technology and Strategy Department, De Nederlandsche Bank (DNB) 🔹 A panel discussion moderated by Niek Verhoeven, Economist, DNB’s Financial Markets Division, with: - Guan Schellekens, Head of the Climate & Nature Risks Section, European Central Bank - Esther Egeter, Sustainability Manager, a.s.r. - Raoul Köhler, Senior Policy Advisor, Dutch Authority for the Financial Markets (AFM) We look forward to a timely discussion on the role of disclosure, data and supervision in managing climate-related financial risks. Register to join: https://lnkd.in/euyM_D3T The report will be available on 2 September at: https://lnkd.in/e39rXEG2   EU Economy and Finance Carmine Di Noia Willem Heeringa Esther Egeter Raoul Köhler Caio de Oliveira, CFA #EUReformSupport #netzero

The low-carbon transition is one of the greatest economic transformations of our time. It brings opportunities for innovation, competitiveness and decent work, but also risks for workers, communities and consumers. The OECD report Responsible Business Conduct for a Just Transition explores how companies can contribute to a just transition by embedding social considerations into their climate strategies. Drawing on interviews with experts and practitioners, and a broad body of existing guidance, the report outlines existing opportunities and challenges and provides 6 key actions for business seeking to contribute to a just transition: 1. Taking an integrated approach to transition planning and implementation, to ensure social considerations are a part of climate strategies instead of an afterthought. 2. Applying a place-based approach to managing impacts, recognising that they will vary significantly across regions and communities. 3. Engaging meaningfully with stakeholders, to understand and manage different perspectives and design durable solutions. 4. Addressing impacts through individual and collaborative approaches, to address systemic challenges and collective impacts. 5. Designing and implementing benefit-sharing models, to generate tangible local benefits. 6. Promoting continuous improvement and practicing responsible disengagement, to ensure impacts are appropriately addressed rather than merely displaced. Read the report: https://brnw.ch/21x5dfX

Losses caused by wildfires and floods have increased dramatically in recent years. In OECD countries, only 32% of economic losses due to floods since 2000 were insured, and the average annual economic losses from wildfires nearly quadrupled between 2000-2014 and 2015-2024. Increasing losses are complicating access to affordable property insurance coverage in several regions, leaving households in high-risk communities exposed to potentially devastating losses. This can also affect access to mortgages, with broader implications for housing markets and financial stability. Our report "Financial Protection Against Catastrophic Risks" looks at how governments, insurance regulators and the insurance sector are responding to major risks such as wildfires, floods, and cyber threats. Read the report: https://brnw.ch/21x5ac0 Find out more about OECD work on disaster risk financing: https://brnw.ch/21x5abZ #Insurance #WildfireRisk #FinancialStability

From creating quality jobs to respecting human rights, responsible business conduct (RBC) is about making sure that the activities of businesses and investors are aligned with the needs of society, today and in the future. RBC is essential to building resilient societies, supply chains and economies. How is RBC being taken up in company practices and government policies? The #OECD Responsible Business Outlook shows that less than 2 in 10 companies have formal processes in place to assess human rights complaints and less than 1 in 10 companies engage with stakeholders on human rights issues. What can governments do to increase the uptake of responsible business practices? Read the report to find out ➡️ https://brnw.ch/21x594J #OECDResponsibleBusinessConduct | OECD Business and Finance

The OECD Responsible Business Outlook provides a first global assessment of how responsible business conduct is being taken up in companies and government policies. But what is responsible business conduct? Watch the video to learn more ➡️

Global foreign direct investment (FDI) flows rebounded in 2025 compared to 2024, rising 15% to USD 1.66 trillion (or +6% excluding large fluctuations in selected European economies). But the recovery remains uneven.   Looking ahead, geopolitical tensions and persistent inflationary pressures could weigh on the FDI outlook for 2026.   Key takeaways from the latest edition of FDI in Figures, covering 2025:   🔹 The rebound varied across countries. Several European economies recorded the strongest gains, while growth was more uniform among non‑OECD G20 economies. In China, FDI increased after three consecutive years of decline 🔹 In many countries, higher FDI was driven mainly by intra‑company loans and reinvested earnings 🔹 The United States, China and Brazil were the largest destinations for FDI in 2025, while the United States, Japan and China led FDI outflows 🔹 Cross-border merger and acquisitions remained resilient, with a notable rebound in emerging markets and developing economies (EMDEs) after a decade‑low in 2024 🔹 Greenfield investment stalled, with fewer announced projects and lower capital spending, affecting EMDEs in particular   Read the full paper and access the dataset here: https://brnw.ch/21x24fq Letizia Montinari | Emilie KOTHE | Ana Novik

The global transition towards a low-carbon economy is driven by economic, security and environmental factors.  It brings opportunities for innovation, competitiveness and decent work, but also risks for workers, communities and consumers.   An #OECD report explores how companies can contribute to a just transition by embedding social considerations into their climate strategies. It outlines key actions for businesses seeking to contribute to a just transition. Find out more in the full report ➡️ https://brnw.ch/21x53jM #OECDResponsibleBusinessConduct

Global debt markets remained resilient in 2025 as borrowing reached historic highs. Governments and companies borrowed USD 27 trillion from global bond markets in 2025, with the amount set to rise to USD 29 trillion in 2026. Volatility remained low, liquidity is improving and credit spreads were near historic lows. But deeper shifts are underway. Borrowing needs continue rising, central banks have reduced their holdings and investors are becoming more sensitive to yields. AI-related corporate issuance is also set to grow rapidly. Key figures: ➡️Total global bond debt reached USD 109 trillion in 2025, equivalent to about 93% of global GDP ➡️Refinancing needs for OECD issuers reached USD 17 trillion in 2026 ➡️AI-related corporate issuance (2026–2030) is expected to reach USD 1.1 trillion Sustaining the resilience of debt markets will help ensure governments and companies continue to access financing for growth. Learn more in the Global Debt Report 2026: https://brnw.ch/21x0rCz #FMW2026 #GlobalDebt