G20 Scorecard of Fossil Fuel Funding: Republic of Korea
South Korea continues to support oil and gas production and fossil fuel-based power. It has increased its public finance to fossil fuels by 9% relative to 2014–2016 average levels, making it the fourth-highest provider of public finance out of the G20 countries.
To learn more, see our full report Doubling Back and Doubling Down: G20 scorecard on fossil fuel funding.
You might also be interested in
Doubling Back and Doubling Down: G20 scorecard on fossil fuel funding
This study tracks, for the first time, each G20 country's progress on ending support for fossil fuels—ranking their transparency, commitments, and financial support to oil, gas, and coal.
Indonesia's fiscal support for fossil fuels too large: IISD
The Indonesian government's fiscal support for fossil fuels is still too large, so it has the potential to slow down the energy transition and drain the public budget, according to the International Institute for Sustainable Development (IISD).
India must colour coal cash green for mining hubs to survive
Every year in October, cash registers ring in shops dotting east India's mining hubs during the Hindu festival season of Dussehra, when the country's biggest coal company, Coal India Ltd., hands its workers a bonus.
Indonesia’s Energy Support Measures Hit IDR 279 Trillion in FY 2020 Disproportionately Benefitting Fossil Fuels
Energy support measures in Indonesia hit IDR 279 trillion in FY 2020, of which a staggering 88% was allocated to fossil fuels, according to a new report from IISD.