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Financing Adaptation and Resilience Through Fossil Fuel Subsidy Reform and Fuel Duty

On Tuesday, 24 May 2016, the event “Financing Adaptation and Resilience Through Fossil Fuel Subsidy Reform and Fuel Duty” took place in Bonn, Germany.
By Laura Merrill, Anne Hammill, ex on May 24, 2016

On Tuesday, 24 May 2016, the event “Financing Adaptation and Resilience Through Fossil Fuel Subsidy Reform and Fuel Duty” took place in Bonn, Germany.

Organized by the International Institute for Sustainable Development (IISD), discussions explored options for increasing domestic resources for adaptation through using fiscal instruments: savings from fossil fuel subsidy reform and revenues from fuel duties. Examples from Costa Rica and from the National Adaptation Plan (NAP) Global Network and Friends of Fossil Fuel Subsidy Reform (FFSR) were also presented.

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Subsidies