Preserving Policy Space for Sustainable Development: The Subsidies Agreement at the WTO - Commentary
The paper upon which this commentary is based addresses the need to preserve the ability of nations to use subsidies in order to correct distortions in the global economy and spur innovation for sustainable development. It shows that the Agreement on Subsidies and Countervailing Measures (SCM) created significant policy space for nations to address technological, poverty and environmental problems—all seminal issues for sustainable development—but that such space no longer exists.
You might also be interested in
Coalition against fossil fuel subsidies expands but misses initial targets
The UK, Colombia, and New Zealand have signed on to a coalition of governments aiming to phase out fossil fuel subsidies, joining 13 other mainly European nations in the alliance. IISD's Vance Culbert said that half a dozen more countries—including "a few larger economy developing countries"—are talking privately to them about joining too.
Europe’s Dash for Gas in Africa puts Private Profits First
Europe’s demand for gas is contributing to expansion of LNG projects in Mozambique, Nigeria, and Senegal. This favours the interests of European oil and gas companies over those of African countries, a new report shows.
The United Kingdom, New Zealand, and Colombia Join Coalition to Phase Out Fossil Fuel Subsidies
Today on the sidelines of the UN Climate Conference in Baku (COP 29), the United Kingdom, New Zealand, and Colombia joined the international Coalition on Phasing Out Fossil Fuel Incentives Including Subsidies (COFFIS).
What to Expect at Plastics INC-5
Q and A with Tallash Kantai of Earth Negotiations Bulletin on INC-5.