Brief

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. 

By Richard Bridle, Lasse Toft Christensen, Laura Merrill, Lasse Toft Christensen, Laura Merrill on June 26, 2016

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. 

Brief details

Topic
Subsidies
Focus area
Climate
Publisher
IISD
Copyright
IISD, 2016