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Fossil Fuel Subsidies & Climate Change

Fossil fuel subsidies contribute to climate change by depressing the price of fossil fuels, encouraging greater production and consumption, and consequently emissions. These hold us back from delivering the Paris agreement and building the sustainable energy systems needed in the 21st century.

Reports: Achieving a Fossil-Free Recovery

This report lays out concrete options for governments to achieve net-zero and sustainable development goals by using recovery spending to support the transition to clean energy and a resilient, fossil-free economy.

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Blog: Stop Fossil Fuel Subsidies Campaign

It’s been 10 years since the G20 committed to phasing out inefficient fossil fuel subsidies. Still, across the globe, these subsidies remain high, with spending estimated at US$526 billion in 2018. HELP SPREAD THE WORD ABOUT THE NEED FOR FOSSIL FUEL SUBSIDY REFORM!  Watch these video clips and share with your network using the hashtag #stopfossilsubsidies

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Reports: Raising Ambition Through Fossil Fuel Subsidy Reform: Greenhouse Gas Emissions Results Modelling From 26 Countries

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.

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