"Fossil-Fuel Subsidy Reform: Building momentum at Rio and beyond" Side Event Summary
NEW YORK - March 26, 2012 - The Friends of Fossil Fuel Subsidy Reform group and the International Institute for Sustainable Development's (IISD's) Global Subsidies Initiative (GSI) convened a side event, chaired by New Zealand, to discuss why and how fossil fuel subsidy reform could be advanced at Rio+20.
The event included ambassadors from Ethiopia, Costa Rica and Sweden, as well as speakers from the IMF and the GSI. This meeting report summarizes the discussions that took place during the side event, which largely focused on country experience, as well as the economic and social impacts of reform.
Participating experts
You might also be interested in
G20 Finance Ministerials and World Bank/IMF Spring Meetings: Expert comment
G20 finance ministerials and World Bank/IMF spring meetings will take place this week in Washington. High on the agenda is the need to mobilize trillions of dollars of investment in the transition to clean energy.
IISD Applauds Canada’s Reaffirmation to End Domestic Public Finance for Fossil Fuels in Budget 2024
Today's federal budget announcement delivers new measures to support affordability and reaffirms Canada’s commitments on climate action.
South African Fossil Fuel Subsidies Hit Record Highs as Country's Energy Crisis Deepens
South Africa's fossil fuel subsidies tripled between 2018 and 2023, hitting USD 7.5 billion, up from USD 2.9 billion 5 years earlier, a new report by IISD reveals.
Blackouts and Backsliding: Energy subsidies in South Africa 2023
Blackouts and Backsliding presents the latest energy subsidy data for South Africa.