Fossil Fuel Subsidy Reform at the G20: How to achieve the post-pandemic recovery
As part of its G20 Presidency in 2022, Indonesia aims to accelerate the speed of global energy transitions. For this purpose, its inter-ministerial Energy Transition Working Group (ETWG) has defined three G20 energy priority issues:
- Securing energy accessibility
- Scaling up smart and clean energy technologies
- Advancing energy financing.
To what extent fossil fuel subsidy reform (FFSR) can and must play a role in achieving these three priorities under Indonesia’s G20 Presidency, however, has not yet been widely discussed.
Against this background, one week prior to the first meeting of the ETWG (March 24-25, 2022), a panel of both Indonesian and international experts will explore how FFSR can be driven forward in the post-pandemic recovery. First, the webinar will explore how the Indonesian government plans to implement FFSR. IISD’s Lourdes Sanchez will then give a keynote address on how exactly FFSR supports the three energy transition priority issues of Indonesia’s G20 Presidency. Finally, the high-profile panellists will discuss how FFSR correlates with the three priority issues of the Indonesian G20 Presidency’s grand theme: “Recover Together, Recover Stronger.”
Agenda
Opening Remarks
Febrio Kacaribu, Head of Fiscal Policy Agency, Ministry of Finance, Republic of Indonesia
Keynote Address
How Can Fossil Fuel Subsidy Reform Support the Three Pillars of Energy Transition in the G20?
Lourdes Sanchez, Senior Policy Advisor and Lead, Indonesia, International Institute for Sustainable Development
Panel Discussion
Moderator
Adhityani Putri, Global Strategic Communications Council
Panellists
- Wahyu Utomo, Head of State Budget, Ministry of Finance, Republic of Indonesia
- Edi Wibowo, Director of Bioenergy, Ministry of Energy and Mineral Resources, Republic of Indonesia
- Pekka Morén, Senior Ministerial Adviser, Ministry of Finance, Finland
- Aldo Ravazzi, Chief Economist, Ministry of Ecological Transition, Italy
Closing Statements
Upcoming events
COP 29 | Halfway Point Webinar
Halfway through UN climate change talks in Azerbaijan, join the Earth Negotiations Bulletin team to reviews the latest developments, pose questions, and prep for week two.
COP 29 | Breaking Siloes Across the Climate-Biodiversity Nexus: Enhancing synergies between NDCs, NAPs, and NBSAPs
This COP 29 side event will focus on discussing practical recommendations on how national-level policy-makers could advance synergistic, just, and gender-responsive actions on climate and nature at this critical juncture of the NDCs and NBSAPs updates, as well as the NAPs assessment.
Building Bridges: The State of Nature-Based Investments
Join us for a panel at the Building Bridges conference in Geneva, Switzerland, to discuss the state-of-play of nature-based investments and the potential opportunities they present.
Stakeholder Consultation of the East African Organic Products Standard
This online event will bring together key stakeholders to review new standards, discuss regulatory requirements, and identify updates for relevant policies.