Fossil fuel subsidies act against our efforts to limit climate change to a 1.5°C temperature increase because they encourage the wasteful consumption of fossil fuels and slow down the uptake of clean alternatives.

Fossil fuel subsidy reform (FFSR) requires action both domestically and internationally. Against the backdrop of record-high global fossil fuel subsidies, the Netherlands launched an international coalition to accelerate the phase-out of fossil fuel subsidies at COP 28 in Dubai—12 additional members have signed on to date. The coalition aims to be high ambition, making rapid, substantive progress on transparency of members' own fossil fuel subsidies, establishing pathways for domestic reform, and in addressing FFSR barriers embedded in international agreements.

This new coalition will be hosting a public event on the sidelines of SB 60 in Bonn. The session will be an opportunity to discuss substantive actions the coalition is planning and how to advance these within UNFCCC processes. The event will be hosted by the Netherlands.

This in-person event will take place on Saturday June 8, 2024 from 1:30 p.m. to 3:00 p.m. at the German Institute of Development and Sustainability (IDOS) office (Tulpenfeld 6, 53113 Bonn, Germany), just 5 minutes' walk from the World Conference Center. Please note that we require registration for this event and recommend a limit of two participants per organization.

Agenda

Welcome

Introduction and Moderator Overview

Philip Gass, Director, Energy Programme, International Institute for Sustainable Development

High-Ambition Coalition on Fossil Fuel Subsidy Reform

Bastiaan Hassing, Head of Unit for International Climate Policy, Climate Directorate, Netherlands Ministry of Economic Affairs and Climate Policy

Improving Quality of Fossil Fuel Subsidy Reform Commitments

Fossil Fuel Subsidy Reform in Nationally Determined Contributions

Jonas Kuehl, Policy Advisor, Energy Programme, International Institute for Sustainable Development

The role of Political Economy for implementing FFSR

Mauricio Böhl Gutierrez, Researcher, German Institute of Development and Sustainability

Q&A