With over 10 years of experience, the IISD Global Subsidies Initiative (GSI) is widely recognized as world-class leader in the quantification, evaluation and reform of subsidies.
Governments around the world spend at least a trillion dollars a year on subsidies to exploit the world's natural resources. But faced with increasing fiscal constraints, and concerned about making their economies cleaner, more inclusive and stable, governments are under increasing pressure to change course.
GSI works closely with governments to help them move away from subsidies that hinder sustainability. The goal is to encourage individual governments to undertake unilateral reforms on subsidy policy where these would deliver clear economic, environmental and social benefits. GSI also aims to generate a consensus in the World Trade Organization and in other forums on the need to take resolute, ongoing and systematic action to reduce or eliminate subsidies that are trade-distorting and undermine sustainable development.
Shining a Light on Fossil Fuel Subsidies at the WTO: How NGOs can contribute to WTO notification and surveillance
Fossil fuel subsidies undermine efforts to mitigate climate change and damage the trading system. However, multilateral discussion is hampered by inconsistent definitions and incomplete data.Read More
Compensation Mechanisms for Fuel Subsidy Removal in Nigeria
This study conducts a detailed analysis of the compensation mechanisms that could be used to mitigate the impact of fuel subsidy removal on weak and vulnerable segments of Nigerian society.Read More
Meeting Canada's Subsidy Phase-Out Goal: What it means in Quebec
IISD takes a preliminary look at consumer fossil fuel subsidies in Quebec, which it estimates at roughly CAD 270 million in 2015.Read More