Brief

G20 Scorecard of Fossil Fuel Funding: Saudi Arabia

November 9, 2020

The Kingdom of Saudi Arabia scores the lowest of the G20 non- Organisation for Economic Cooperation and Development [OECD] member countries due to its continued support for oil and gas production and fossil fuel-based power, predominantly due to large capital expenditure (capex) from its state-owned enterprises (SOEs) and continued support for fossil fuel consumption via low energy prices.

To learn more, see our full report Doubling Back and Doubling Down: G20 scorecard on fossil fuel funding.

Brief details

Region
Saudi Arabia
Project
IISD Global Subsidies Initiative
Publisher
IISD
Copyright
IISD, 2020