Fossil fuel subsidy reform – turning the tide?
The recent announcement from UAE that it will reform domestic fossil fuel subsidies is the latest in a growing number of countries taking the opportunity to reform subsidies within the energy sector.
The recent announcement from UAE that it will reform domestic fossil fuel subsidies is the latest in a growing number of countries taking the opportunity to reform subsidies within the energy sector.
IISD’s Laura Merrill and Philip Gass, and CDKN’s Helen Picot explore the recent wave of fossil fuel subsidy reform and the potential these initiatives have for boosting climate compatible development.
Read the commentary on the CDKN website.
You might also be interested in
New Agreement Marks First Step in Addressing Energy Charter Treaty Legacy
This is an important move to prevent legacy arbitration claims under the treaty, but more remains to be done.
Canada's Sustainable Jobs Legislation: A milestone for workers and communities on the path to net-zero
IISD celebrates the Canadian Sustainable Jobs Act, Bill C-50, being officially passed into law as a significant milestone to engage and support workers and communities in moving to a low-carbon economy.
NDCs, long-term strategies should include roadmap for fossil fuel producers: IISD
Analysis by policy think tank IISD shows that seven of the 20 largest fossil fuel producing countries make no mention of fossil fuel production in their Nationally Determined Contributions (NDCs) and six others stated an intention to continue or increase production.
Report Calls on Fossil Fuel Producers to Map “Transition Away” in NDCs
With governments due to submit the next generation of NDCs in 2025 a new report identifies five elements countries should include to reflect the outcome of the global stocktake.