Tag: Fossil Fuel Subsidies

Sixteen years ago, the G7 made a commitment to phase out “inefficient” fossil fuel subsidies. Nine years ago, leaders agreed to do this by ...

The 28th United Nations Climate Change Conference (COP28) presents a crucial opportunity to take stock of public financial flows to ...

In 2022, according to the IMF report, fossil fuel subsidies amounted to $7 trillion (about 13 million dollars a minute) ...

In 2022, G20 members spent USD 1.4 trillion to support fossil fuels and could raise an additional USD 1 trillion ...

In 2021, 196 countries signed the Glasgow Climate Pact, a treaty explicitly calling upon parties to accelerate “efforts towards the ...

World leaders are running out of time to make a climate breakthrough. A few days before the G20 Summit in ...

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 ...

Are governments missing a historic opportunity to fund green transitions? How has the pandemic affected the energy system? IISD speaks ...

In the race against climate change, increasing ambition overtime is necessary to avoid catastrophic warming. However, revised commitments from parties ...