G20 governments are spending three times as much on fossil fuels as renewables, research by the International Institute for Sustainable Development shows.
G20 governments provided at least USD 168 billion in public financial support for renewable power in 2023, less than one third of G20 fossil fuel subsidies that year.
This report uses tipping point theory to advise where public funding can be strategically directed to catalyze renewable energy deployment in developing and emerging economies.
UAE, Azerbaijan and Brazil have promised NDCs compatible with the safest warming limit in the Paris Agreement–but it's not clear what they mean. Climate experts and campaigners have stressed that a 1.5C-aligned NDC needs to include an explicit commitment to no new coal, oil and gas exploration, as well as credible targets for slashing existing production and eliminating fossil fuel subsidies.
The Nature-Based Infrastructure Global Resource Centre's 5-Week Live Program is back this autumn, helping investors, policymakers, infrastructure planners, and other stakeholders to make the case for building with nature.
Canadian taxpayers could pay up to $18.8 billion for the pipeline expansion, even though federal officials say McKinsey & Company consultants helped them save hundreds of millions of dollars. Research published this month by the International Institute for Sustainable Development notes that even Trans Mountain's current proposal to hike tolls won’t ensure oil companies, instead of taxpayers, are paying for the pipeline.
On the sidelines of the UN General Assembly, IISD is calling on governments to deliver ambitious, specific, and actionable national climate plans for the coming decade.