Building on Momentum: Recommendations from the GSI for Fossil Fuel Subsidy Reform at the G20
This policy brief examines the progress made to phase-out inefficient and wasteful fossil fuel subsidies, the increasing momentum behind subsidy reform in international processes and the steps needed to ensure that the commitment is met.
G20 Energy Ministers meet on the 29th of June in Beijing to discuss the major energy policy challenges facing the group. A key area of discussion is fossil fuel subsidy reform.
Since 2009 the G20 has maintained a commitment to phase out inefficient fossil fuel subsidies that promote wasteful consumption. In advance of this meeting, the GSI published this policy brief examining progress made to phase out inefficient and wasteful fossil fuel subsidies, the increasing momentum behind subsidy reform in international processes and the steps needed to ensure that the commitment is met.
Participating experts
You might also be interested in
Copenhagen Climate Ministerial: Expert comment
Around 40 climate leaders and ministers are meeting in Copenhagen from March 21 to 22 to discuss priorities for COP 29.
India Faces Clean Energy Challenges as Energy Demand Soars and Global Fossil Fuel Subsidies Rise
New research finds the global energy crisis and increasing energy demand have pushed India's energy subsidies to a 9-year high.
Mapping India's Energy Policy 2023
Mapping India's Energy Policy 2023 is the latest publication in a series of annual updates on government support for energy in India that includes critical data on energy subsidies and taxation.
How the UNFCCC Can Tackle Fossil Fuel Subsidies at COP 28 and Beyond
COP28 could be a turning point for action on fossil fuel subsidies—if there is political will. How have fossil fuel subsidies featured in UNFCCC negotiations so far? And how can action on fossil fuel subsidies be taken at COP 28 and beyond?