Financing Adaptation and Resilience Through Fossil Fuel Subsidy Reform and Fuel Duty
On Tuesday, 24 May 2016, the event “Financing Adaptation and Resilience Through Fossil Fuel Subsidy Reform and Fuel Duty” took place in Bonn, Germany.
On Tuesday, 24 May 2016, the event “Financing Adaptation and Resilience Through Fossil Fuel Subsidy Reform and Fuel Duty” took place in Bonn, Germany.
Organized by the International Institute for Sustainable Development (IISD), discussions explored options for increasing domestic resources for adaptation through using fiscal instruments: savings from fossil fuel subsidy reform and revenues from fuel duties. Examples from Costa Rica and from the National Adaptation Plan (NAP) Global Network and Friends of Fossil Fuel Subsidy Reform (FFSR) were also presented.
You might also be interested in
The Cost of Fossil Fuel Reliance
Government support for fossil fuels reached at least USD 1.5 trillion in 2023, new data shows.
Increased Support Needed to Achieve India's Clean Energy Goals
India is on track to achieve many of its 2030 clean energy goals but needs to step up government support measures to accelerate the deployment of offshore wind, electric vehicles, and green hydrogen, according to a new report.
Ending Export Credits for Oil and Gas: How OECD countries can end 2024 with a climate win
For a year now, Organisation of Petroleum Exporting Countries (OECD) governments have been negotiating an agreement that could put an end to oil and gas export finance. Following the acrimony in Baku, this would be a very real way for the OECD to show policy coherence, respond to calls from the poorest countries to stop subsidizing fossil fuels, and shift public finance to solutions.
Fossil Fuel Production, Renewable Energy, and Subsidy Reform in Nationally Determined Contributions 3.0
This policy brief provides an analysis of the critical benchmarks and recommendations necessary for aligning nationally determined contributions (NDCs) with the 1.5 °C target.