Learning from Leaders: Nordic and International Best Practice with Fossil Fuel Subsidy Reform
If we aim to reduce global emissions in order to limit global warming to less than 2°C above pre-industrial levels, then the energy sector is of paramount importance.
A critical change will be national fuel switching away from carbon-intensive sources and increased effort towards energy efficiency and sustainable energy. Subsidies and support from governments to fossil fuels encourage the opposite.
Many countries and regions are making this switch: from subsidising fossil fuels and towards investing in sustainable energy.This report describes how Ethiopia, Morocco, Peru and the Philippines have reformed their subsidies. It also describes how countries including Denmark, Finland, Norway and Sweden have introduced innovative policy instruments to encourage switching towards renewable and sustainable energy.
You might also be interested in
Indonesia’s Energy Policy Briefing | July 2020
This policy brief presents and discusses the most recent energy policy developments in Indonesia. It also considers measures designed to mitigate the economic and social impacts of the COVID-19 pandemic crisis implemented up to May 2020
How Can India’s Energy Sector Recover Sustainably from COVID-19?
From IISD and CEEW, Part 1 of a three-part commentary series takes a deep dive into how India’s energy sector is coping with the impacts of COVID-19 and what this means for the sustainable energy transition.
Solar Power Is Just a Switch Away
Swapping subsidies from fossil fuels to clean options can make renewables the most viable alternative.
Determining the Status of Fish Stocks in Data-Poor Environments and Multispecies Fisheries
Some of the possible new World Trade Organization rules on fisheries subsidies could apply only when fish stocks are overfished or fishing is unsustainable. How can this be assessed in the context of data-poor and multispecies fisheries?