Tracking Progress: International Cooperation to Reform Fossil-Fuel Subsidies
The leaders of the Group of Twenty (G-20) countries agreed in September 2009 to phase-out inefficient fossil-fuel subsidies over the medium term. This section of the GSI website is dedicated to tracking the progress that has taken place since this commitment – including developments at subsequent G-20 Summits, the similar commitment made by APEC Leaders in November 2009; the formation of a group of ‘Friends’ countries in support of both reform movements; and efforts to reduce fossil-fuel subsidies in international processes such as the United Nations Conference on Sustainable Development, Rio+20, and the United Nations Framework Convention on Climate Change (UNFCCC).
Mapping Options for a Voluntary Peer Review of Fossil-Fuel Subsidy Reform within the G-20
This briefing presents options for a voluntary peer-review process within the G-20 and elsewhere for discussion at a roundtable event with members of the G-20, APEC and Friends of Fossil Fuel Subsidy Reform. The briefing aims to identify feasible, short-term options for establishing a voluntary peer-review process within the political constraints of the G-20 commitment to reduce fossil-fuel subsidies.
The paper draws on a review of documents from the G-20 and other international forums, policy-research reports, academic literature and expert interviews.