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Increased Support Needed to Achieve India's Clean Energy Goals
India is on track to achieve many of its 2030 clean energy goals but needs to step up government support measures to accelerate the deployment of offshore wind, electric vehicles, and green hydrogen, according to a new report.
G20 Governments are Spending Three Times as Much on Fossil Fuels as Renewables
G20 governments are spending three times as much on fossil fuels as renewables, research by the International Institute for Sustainable Development shows.
Experts Call on G7 to Get Serious on Fossil Fuel Subsidy Reform
At this month’s G7 meetings, ministers need to close the loopholes and show they are serious about tackling fossil fuel subsidies.
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.
Six Fossil Fuel-Dependent Economies Could Face a USD 278 Billion Revenue Gap by 2030
As the global clean energy transition gathers pace, six emerging economies need to start adjusting their fiscal policies now to account for declining fossil fuel use—or risk a USD 278 billion gap in revenues by 2030, according to a new report by the International Institute for Sustainable Development.
Indonesia’s Energy Support Measures Hit IDR 279 Trillion in FY 2020 Disproportionately Benefitting Fossil Fuels
Energy support measures in Indonesia hit IDR 279 trillion in FY 2020, of which a staggering 88% was allocated to fossil fuels, according to a new report from IISD.
India Must Significantly Step Up Clean Energy Subsidies to Meet its 2030 Targets
A new report by IISD and CEEW finds that to achieve 2030 clean energy targets, more support—which may include subsidies—will be needed to scale up solar manufacturing, green hydrogen, and promising decentralized renewable energy technologies.
Indonesia Must Quadruple its Annual Renewable Investment Target
Indonesia should quadruple its annual investment target for new and renewable energy to over USD 8 billion by 2025, according to a new brief by the International Institute for Sustainable Development (IISD)
South Africa’s Energy Subsidies Tripled Since 2017, Hitting ZAR 172 Billion in 2020
Energy subsidies in South Africa more than tripled between FY2017 and FY2020 to ZAR 172 billion (USD 10.4 billion), with the highest subsidies allocated to fossil fuels, according to a new report.
23 Leading Canadian Environmental Organizations Release Detailed Proposals for Federal Environmental Action in Budget 2022
As Canada's Parliament prepares to reconvene next week, the Green Budget Coalition today issued a comprehensive set of recommendations on how the next federal Budget can meet the challenge of fighting the dual crises of climate change and biodiversity loss.
Canada Joins Historic Commitment to End International Fossil Fuel Finance by End of 2022
Civil society organizations welcome historic 20+ country-strong commitment to end international oil, gas, and coal finance by end of 2022, say others need to follow.
Subsidies to Renewable Energy Fell Nearly 45% since FY 2017 Peak
New research suggests that India needs to grow financial support for renewable energy to reach its goals for Aatmanirbhar Bharat and clean energy transition.
Poor Households Can Get Two Times Less LPG Subsidy Than Better-off Consumers in India—Report
As liquified petroleum gas (LPG) prices rise, experts warn that poor households in India may benefit two times less from LPG support than those better-off.
Canada’s Federal Fossil Fuel Subsidies Jumped More than 200% from 2019 to 2020
A new report finds federal subsidies to fossil fuels increased to $1.9 billion last year, as the Canadian government responds to the economic effects of the COVID-19 pandemic.
South Africans Are Paying for Pollution at the Pump
South African government subsidies not only result in higher fuel costs for consumers—they also help to prop up one of the world’s biggest polluters, according to new research.