Carbon Markets Virtual Pavilion | Resilient Recovery Through Fossil Fuel Subsidy Reform
The narrative will be grounded by the interventions of international experts, including the group Friends of Fossil Fuel Subsidy Reform, a group of non-G20 countries across the global south and north aiming to build political consensus on the importance of fossil fuel subsidy reform through international cooperation.
A presentation will be given highlighting how the G20 is performing in meeting its fossil fuel subsidy reform efforts. This ‘report card’ is intended to be launched only days before the event, which means this side session will be one of the first opportunities to review the work and discuss how countries are making progress (or not) on their reform commitments.
We will also bring forward the findings of the Energy Policy Tracker. The Energy Policy Tracker database is updated on a weekly basis, to provide the latest information about COVID-19 government policy responses from a climate and energy perspective. This analysis provides a detailed overview of the public finance flows as determined by recovery packages across the globe.
Finally, a business perspective will also be provided on how pandemic recovery can spur low-carbon investment, if it is designed in the right way.
This panel discussion is part of the ICAP-IETA Carbon Markets Virtual Pavilion, and was co-organized by the International Institute for Sustainable Development, Friends of Fossil Fuel Subsidy Reform, and Switzerland Federal Department of Foreign Affairs.
Upcoming events
Why does a green recovery in Canada need to be fossil fuel subsidy-free?
Join us for an exploration of how fossil fuel subsidy reform can contribute to Canada’s COVID-19 recovery, climate target achievements, and more.
Feasibility of Green Recovery in Indonesia: The role of fossil fuel subsidy reform
This webinar will discuss how fossil fuel subsidy reform could accelerate Indonesia's recovery and create a more resilient economy.
Tackling Fossil Fuel Subsidies in British Columbia
This webinar will explore British Columbia's fossil fuel subsidies, examining their impacts but also potential to phase them out to support climate action.
London Climate Action Week | Avoiding a Zombie Recovery: Public money for clean energy, not for fossil fuels
This LCAW session focuses on the Energy Policy Tracker, current G20 recovery pledges, and opportunities to tip the balance toward a green recovery.