Fossil Fuel Subsidies & Climate Change

Fossil fuel subsidies contribute to climate change by depressing the price of fossil fuels, encouraging greater production and consumption, and consequently emissions. These hold us back from delivering the Paris agreement and building the sustainable energy systems needed in the 21st century.

Reports: Navigating Energy Transitions: Mapping the road to 1.5°C

November 9, 2022

This report aims to inform policymakers, investors, and companies on how to align with the goals of the Paris agreement, based on 1.5°C-consistent energy/climate pathways.

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Policy Briefs: Background Note on Fossil Fuel Subsidy Reform

As the fossil fuel subsidies are expected to swell following the rapidly rising energy prices, IISD offers a background note on the rationale and international initiatives for the reform of fossil fuel subsidies.

Reports: Identifying Inefficient Fossil Fuel Subsidies in Canada

July 28, 2022

This policy brief aims to provide decision makers with criteria to better define fossil fuel subsidies in the context of Canada's commitment to phase out these subsidies by 2023.

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Reports: Switching Fossil Fuel Subsidies in Indonesia to Support a Green Recovery

July 20, 2022

This brief looks at how Indonesia can start actively promoting renewable energy by removing the existing hurdles to its deployment and switching public support from fossil fuels to renewables to meet the country’s clean energy targets.

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Press Release: Six Fossil Fuel-Dependent Economies Could Face a USD 278 Billion Revenue Gap by 2030—New report

July 7, 2022

As the global clean energy transition gathers pace, six emerging economies need to start adjusting their fiscal policies now to account for declining fossil fuel use—or risk a USD 278 billion gap in revenues by 2030, according to a new report by the International Institute for Sustainable Development.

Reports: Boom and Bust: The fiscal implications of fossil fuel phase-out in six large emerging economies

Emerging economies need to plan for major reductions in fossil fuel revenues during the clean energy transition and find new sources of income.

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Press Release: Report: Countries could shift almost USD 28 billion/year from fossil fuels to jump-start the energy transition—if they follow through on their pledges

June 30, 2022

A new report shows Glasgow Statement signatories must urgently implement their COP 26 pledge to end new international public support for fossil fuels by the 2022 deadline.

Reports: Gas Pressure: Exploring the case for gas-fired power in South Africa

March 31, 2022

The report analyzes the need for gas-fired power in South Africa, including risks, alternatives, and timeframes for decision making.

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RELATED EVENT

SB 58 Side Event | Stocktake: Need for action on fossil fuel subsidy reform and shifting of other public financial flows

Saturday, June 10, 2023 - 07:00

Saturday, June 10, 2023 - 05:45

This side event of the Bonn Climate Change Conference SB 58 will call for renewed momentum on reforming fossil fuel subsidies and shifting public financial flows to clean energy.

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