News: Reforming Subsidies Could Help Pay for a Clean Energy Revolution: Report
June 17, 2019
Reforming the USD 372 billion countries spend each year on fossil fuel subsidies and reallocating between 10 and 30 per cent of the savings to renewable projects would help pay for a transition to clean energy. This is the finding of a new study by the Global Subsidies Initiative (GSI) of the International Institute for Sustainable Development (IISD).