The latest in the Global Subsidies Initiative’s series of Policy Briefs, Delivering on G-20 Commitments: The path to fossil-fuel subsidy reform, summarizes what has been done since the G-20 committed to phase out and rationalize inefficient fossil-fuel subsidies that lead to wasteful consumption, including reports to the June 2010 Toronto Summit.
 
It outlines a roadmap for progressing the phase out of harmful fossil-fuel subsidies and recommends six actions that G-20 leaders could take to deliver on their commitment at the upcoming Seoul Summit on 11-12 November 2010:

• Review progress reports against the national implementation plans for subsidy reform and make the reports publicly available.
• Consider options for a monitoring and review mechanism.
• Request a revision of the scope of the national implementation plans, with a report back to the 2011 Paris Summit.
• Re-instate the officials’ working group to share information and best practice both within the G-20 membership, and with other groups such as the Asia-Pacific Economic Cooperation (APEC).
• Continue to seek support and technical assistance from international organizations.
• Reaffirm the commitment to reform fossil-fuel subsidies over the medium term, including raising it on the G-20’s agendas for the following 12 months.

The full brief is available on the GSI’s website: http://www.globalsubsidies.org/research/gsi-policy-brief-delivering-g-20-commitments-the-path-fossil-fuel-subsidy-reform