G20 Scorecard of Fossil Fuel Funding: China
China ranks third among the G20 non-Organisation for Economic Cooperation and Development (OECD) member countries, thanks to its relatively good transparency, commitments, and relatively low support to fossil fuel use per unit GDP. However, it continues to provide significant support for oil and gas production and fossil fuel-based power, mostly through state-owned enterprise (SOE) investments and price support. In absolute terms, China provides the largest amount of support for fossil fuels among all G20 countries, at USD 134.2 billion annually (2017–2019 average).
To learn more, see our full report Doubling Back and Doubling Down: G20 scorecard on fossil fuel funding.
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