As part of the Paris Agreement, Indonesia committed to reducing greenhouse gas emissions by 29 per cent below its baseline emissions by 2030 (and by 41 per cent conditional on international support). In addition to the 23 per cent renewable energy goal, Indonesia also has a target of reaching 100 per cent electrification ratio by 2020.
It will cost up to INR 86,135 crore (USD 12 billion) to comply with India's rules for air pollution control technology in the current fleet of coal power plants, increasing the average cost of electricity by 9–21 per cent per kWh. The Ministry of Power must take a strict position to ensure compliance.
This working paper models 26 countries and finds national average emission reductions of 6 per cent from the removal of fossil fuel subsidies. For every tonne of CO2e removed through FFSR, governments save an average of USD 93. Global emission reductions from reforms are between 6.4 and 8.2 per cent by 2050. Countries can consider the carbon reduction co-benefits from FFSR and taxation within second-generation Nationally Determined Contributions.
This research tracks each G20 country’s progress in phasing out subsidies to the production and consumption of coal (including coal-fired power), looking at fiscal support, public finance and state-owned enterprise investment. The report summarizes key findings from 18 parallel country briefs, with accompanying data sheets that list all the support identified for each country.