Energy Subsidies - International

Are fossil fuel subsidies necessary to achieve the rapid progress needed for universal energy access by 2030? Practitioners discuss opportunities at the SDG 7 Conference in Bangkok.

This paper explores the concept of financial sustainability and proposes a framework to analyze electricity sectors based on this concept. Financial sustainability, as defined here, includes assessment of factors that directly present a cost—such as pricing electricity below the cost of production—in addition to those which may lead to additional costs in the future, such as an inability to make investments to respond to changes in demand.

This report articulates how fossil fuel subsidy reform (FFSR) can contribute to a just transition, and how a just transition framework can contribute to successful reform.

In their closing statement at the UNFCCC COP 23 in 2017, the world’s 47 least developed countries requested that the Talanoa Dialogue include “managing a phaseout of fossil fuels”. The 2018 Talanoa Dialogue is a crucial opportunity to increase climate mitigation ambition and effectiveness by putting fossil fuel phase-out on the international climate agenda.