Delivering on G-20 Commitments: The path to fossil-fuel subsidy reform
In September 2009, at the Pittsburgh Summit, G-20 leaders recognized that "inefficient fossil-fuel subsidies encourage wasteful consumption, distort markets, impede investment in clean energy sources and undermine efforts to deal with climate change," and committed to phasing out and rationalizing inefficient fossil-fuel subsidies that lead to wasteful consumption.
This GSI policy brief summarizes what has since been done to date, including at Leaders' Toronto Summit in June 2010. The policy brief outlines a roadmap for progressing the phase out of harmful fossil-fuel subsidies and recommends six actions that G-20 Leaders could take to deliver on their commitment at the upcoming Seoul Summit on November 11-12, 2010.
You might also be interested in
The Strait of Hormuz Crisis Emphasizes Why Canada Should Move Away From Oil and Gas—Not Expand It
The closure of the Strait of Hormuz cut off roughly 25% of the world’s seaborne oil and 20% of LNG trade. In response, many countries are diversifying supply chains and increasingly ramping up domestic renewable capacity to improve energy security. Meanwhile, the Government of Canada has taken steps to expand oil and gas production.
Managing Energy Price Crises
This report outlines a strategic decision framework policy-makers can use when responding to fossil fuel price shocks.
Removing a Fossil Fuel Subsidy Is a Means, Not an End—The transition is the point
COFFIS is an international coalition working to phase out fossil fuel subsidies. Kim Solberg, part of the team that founded COFFIS, sits down to explain what made it possible—and why, in her view, a subsidy can only be removed as part of the wider transition it's meant to serve.
IISD Submission to the Belém Mission to 1.5
This submission is made in response to the invitation from the United Nations Climate Change Conference (COP) 29, COP 30, and COP 31 Presidencies on the Belém Mission to 1.5.