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Financing Green Recovery From Fossil Fuel Taxation and Subsidy Reform

This brief reviews how the Government of Indonesia (GoI) can finance its COVID-19 recovery budget at the same time as the energy transition by raising funds from fossil fuel taxation and subsidy reform. It also provides recommendations on future expenditures.
Brief December 6, 2021

How piecemeal carbon pricing affects cross-border lending

In June the IMF made the latest of many calls from economists for a market-oriented policy to tackle climate change. “Carbon pricing... is the least-cost option to deliver deep emission cuts,” it argued in a paper written ahead of a meeting of the leaders of the G20 group of large economies. Carbon taxes, as this newspaper has long argued, can be a powerful way to force polluters to pay for the harm they do to the environment by burning fossil fuels.
IISD in the news December 4, 2021

Aucun parti n’agira à la hauteur que requiert la crise climatique (in French)

Alors que la crise climatique exige une réduction drastique et rapide de nos GES à zéro émission pour 2030 comme l’ont réclamée les étudiants à la marche du 24 septembre dernier, les partis politiques de l’Assemblée nationale sont plus que timorés dans leurs objectifs. Maintien de l’objectif de Charest de -37.5% pour la CAQ, -55% pour QS, -45% pour le PLQ de Anglade et -50% pour le PQ.
IISD in the news December 3, 2021

Sweden

Sweden is a funder of IISD's State of Sustainability Initiatives (SSI).
Funder December 2, 2021