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