Tag: Fossil Fuel Subsidies

The Ukraine war taught Europe — and many other countries — the dangers of continued reliance on volatile oil and ...

Affordable, reliable energy matters because it affects whether households can pay their bills and businesses can prosper — but too ...

This deep dive summarizes the discussion that took place in the context of the event “Decarbonising the energy sector: From ...

Experience has shown that fossil fuel consumer subsidy reforms are most successful when introduced during periods of low prices — ...

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 ...