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IISD Report: Shifting Away from Fossil Fuels Could Lower BRIICS Nations' Revenues

A new report by the International Institute for Sustainable Development (IISD), titled Boom and Bust: The Fiscal Implications of Fossil Fuel Phase-Out in Six Large Emerging Economies, looks at the potential financial ramifications of phasing out fossil fuels in six emerging economies — Brazil, Russia, India, Indonesia, China, and South Africa (BRIICS). They must begin adjusting their fiscal policies to account for declining fossil fuel use or risk a $278 billion revenue gap by 2030.
IISD in the news July 8, 2022

India, 5 others face fall in fossil fuel revenues

As the global clean energy transition gathers pace, six emerging economies need to start adjusting their fiscal policies now to account for declining fossil fuel use-or risk a $278 billion gap in revenues by 2030, equivalent to the combined total government revenues of Indonesia and S. Africa in 2019, according to a new report by the International Institute for Sustainable Development.
IISD in the news July 8, 2022

Lighting the Path: Exploring IPCC pathways to 1.5°C

Following the release of IISD's Lighting the Path report, this webinar takes a closer look at IPCC pathways to limit warming to 1.5°C, outlining recommendations for policy-makers and financial institutions.
Webinar July 7, 2022

India and other BRIICS nations could face huge revenue gap if they don't decarbonize now: Report

As the world has pledged to transition towards cleaner energy to combat climate change, a latest report said the governments of Brazil, Russia, India, Indonesia, China and South Africa (BRIICS) need to act now to decarbonize and start adjusting their fiscal policies to account for declining fossil fuel use or they could face a USD 278 billion revenue gap by 2030.
IISD in the news July 7, 2022

Adaptive Monitoring on the Winnipeg River

IISD and Aquatic Life® have partnered in a pilot project of adaptive monitoring in the Winnipeg River basin, to deploy high-frequency sensors that deliver data in near real-time.
Brief July 5, 2022

Compromises Make Agreements

As in politics and economics, so in environment and climate; it is compromises that allow for reaching major agreements, where facts are intertwined, interests are diverged and options are conflicting. Compromises are not a defect, as no one is the sole possessor of the truth in these complex issues.
IISD in the news July 3, 2022

HLPF 2022: All you need to know

An overview of what to expect when countries report their SDG progress to the UN at the 2022 High-level Political Forum on Sustainable Development.
Webinar July 1, 2022