News - GSI in the News

Press release: GSI tackles reform of inefficient fossil fuel subsidies ahead of G-20 meeting of finance ministers

GENEVA—April 21, 2010—The International Institute for Sustainable Development's Global Subsidies Initiative (GSI) has issued a five-part series of reports into how nations might remove fossil-fuel subsidies, on the eve of a meeting of G-20 finance ministers in Washington this week.

Green Economy Coalition calls on G-20 Finance Ministers for fast and fair implementation of fossil-fuel subsidy phase-out

6 November 2009 – IISD-Europe Executive Director Mark Halle has signed a letter from the Green Economy Coalition to the G-20 Finance Ministers to end perverse fossil-fuel subsidies. IISD is a founding member of the coalition, which focuses on the policy changes needed to transform the global economy into one that is clean, green and equitable.

GSI in the news: Senior Economist Peter Wooders talks about fossil-fuel subsidies with Radio Australia's Pacific Beat

On Tuesday 10 November, GSI's Senior Economist Peter Wooders was interviewed about fossil-fuel subsidies by Geraldine Coutts on Radio Australia's Pacific Beat.

In this five minute interview, he discusses the global price tag on fossil-fuel subsidies, how this money could be better spent and the barriers these subsidies pose to investment in renewable energy technologies. He also outlines the role to be played by the G-20 and how they can be pressured to deliver on their promise for fossil-fuel subsidy reform, as called upon by the Green Economy Coalition.