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[Zero] Carbon: Fossil finance
Canadian subsidies for fossil fuels are dropping and support for renewables is rising, but there's still a hefty gap—nearly three times more financial support to fossil fuels than renewables. "Canada is trending in the right direction, using more public money to roll out renewables and less to prop up fossil fuel sectors, but it is too early to celebrate," IISD's Nhat Do said.
Media
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Stay up to date with past and upcoming COFFIS events.
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Resources on fossil fuel subsidy reform
About
The mission of COFFIS is to remove barriers, facilitate transparency, and take concrete steps toward the phase-out of fossil fuel subsidies.
COFFIS | Coalition on Phasing Out Fossil Fuel Incentives Including Subsidies
At the UN Climate Change Conference (COP 28) in 2023, a group of countries, now called COFFIS, issued a joint Ministerial Statement laying out concrete actions that they would undertake to jointly work toward phasing out fossil fuel subsidies.
Fitting the Pieces of the Puzzle: Making sense of sustainability due diligence regulations across the globe
Webinar explores common themes in due diligence regulations, such as risk management, traceability, and transparency, while providing tools and insights to help navigate compliance challenges.
Passing the buck at TMX pipeline hearings
Now that TMX is complete, the question of who should bear the brunt of the project's cost overruns is making the rounds on Parliament Hill.