Energy Subsidies Data

Leading research organizations tracking global recovery spending call on world leaders to redirect all unspent and future COVID-19 stimulus away from carbon intensive activities toward nature- and climate-positive investments.

Modelling the results of 32 countries shows that fossil fuel subsidy reform saves countries 6% of emissions on average while generating significant subsidy savings as co-benefits.

Data made public today on EnergyPolicyTracker.org, a new website tracking climate- and energy-related recovery policies, shows a total commitment of at least USD 151 billion from G20 governments in support of fossil fuels.

A new report provides the first internationally agreed-upon methodology that will help UN countries increase transparency on fossil fuel subsidies.

Between 2015 and 2018, 50 countries undertook some level of fossil fuel subsidy reform. However, the International Energy Agency (IEA) found that consumer subsidies increased slightly in 2017.