OECD tells nations to go green

PARIS: The Organization for Economic Cooperation and Development (OECD) urged Monday (Tuesday in Manila) nations to step up environmental investments to ward off not only catastrophic climate change but to give the global economy a much-needed boost as China struggles to rebalance its economy.

With a critical UN summit opening in Paris later this month that aims to get an agreement on cutting back greenhouse gas emissions enough to limit the increase in global temperatures to a safe level, the OECD said action could also support the global economy.