Decarbonising the Energy Sector
This deep dive summarizes the discussion that took place in the context of the event “Decarbonising the energy sector: From ...
Tag: Fossil Fuel Subsidies
Why Now Is the Best Time to Reform Fossil Fuel Subsidies
Experience has shown that fossil fuel consumer subsidy reforms are most successful when introduced during periods of low prices — ...
How the G7 Can Advance Action on Fossil Fuel Subsidies in 2025
Sixteen years ago, the G7 made a commitment to phase out “inefficient” fossil fuel subsidies. Nine years ago, leaders agreed to do this by ...
How the UNFCCC Can Tackle Fossil Fuel Subsidies at COP28 and Beyond
The 28th United Nations Climate Change Conference (COP28) presents a crucial opportunity to take stock of public financial flows to ...
Why Are Governments Still Massively Subsidizing Fossil Fuels?
In 2022, according to the IMF report, fossil fuel subsidies amounted to $7 trillion (about 13 million dollars a minute) ...
Shifting G20 Fossil Fuel Spending Could Install Enough Renewables to Align With 1.5°C
In 2022, G20 members spent USD 1.4 trillion to support fossil fuels and could raise an additional USD 1 trillion ...
Fossil Fuel Consumption Subsidies Hit All-Time High in 2022: Will We Ever Abolish Them?
In 2021, 196 countries signed the Glasgow Climate Pact, a treaty explicitly calling upon parties to accelerate “efforts towards the ...
G20, the Club of Richest Nations, Disappoints On Climate Change
World leaders are running out of time to make a climate breakthrough. A few days before the G20 Summit in ...
Gas Is Not a Bridge Fuel, It’s a Wall
At this week's meeting of G7 leaders, fossil fuels are on the agenda. Governments have agreed to phase out financing for "carbon-intensive" energy ...
The Disparity Between Climate Commitments and Clean Energy Spending
Are governments missing a historic opportunity to fund green transitions? How has the pandemic affected the energy system? IISD speaks ...
Are Countries Walking the Talk on Cutting Carbon?
In the race against climate change, increasing ambition overtime is necessary to avoid catastrophic warming. However, revised commitments from parties ...
