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Assessment and Implications of Rationalizing and Phasing Out Fossil Fuel Subsidies

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The assignment is part of the research and development technical assistance that aims to develop a theoretical and empirical framework to define and measure fossil fuel subsidies and assess the socio-economic impact of its elimination in selected Asia Development Bank developing member countries.

The list of countries includes: India, Indonesia, and Thailand. The project is designed in each country to (i) identify and quantify all fossil fuel consumer subsidies and one type of fossil fuel producer subsidies; (ii) use a range of economic models to project the impacts of reform in each country across the economy, households, businesses, the energy sector and the environment, including an assessment of the strengths and weaknesses of the models themselves; and (iii) assess the capacity of existing social protection systems in each country to mitigate the impacts of fossil fuel subsidy reforms.