Shaking the money pot to protect nature

Nature gives us a lot: water, timber, minerals, biodiversity, food, clean air…The perceived abundance of natural capital, often treated as endless and free, is leading to overuse and underinvestment. With less access to alternatives, poor people are most affected by...
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G20 leaders shame Trump, but fail to end fossil fuel subsidies

8 July 2017 - The G20 Leaders’ Communique adopted at the 2017 summit in Hamburg fails to establish a deadline for the phase out of fossil fuel subsidies. A statement released by Oil Change International credits G19 leaders for putting Donald Trump in the corner on his...
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Australian government’s mooted new car carbon tax is axed

13 July 2017 - In Australia a proposed new regulation on vehicle fuel efficiency standards was quickly withdrawn after it was met with heavy criticism. Under the proposed regulation, designed to help the government meet its Paris climate change commitments, all new...
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Reaffirming our commitment to carbon pricing and climate action

7 July 2017 - Catherine McKenna (Minister of Environment and Climate Change, Canada) and Feike Sijbesma (CEO, Royal DSM) emphasize the importance of carbon pricing as a tool to implement the commitments made in the Paris climate agreement with enormous economic...
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Unloading African catch – Chinese fisheries official boasts of support from subsidies

10 July 2017 - The scale of Chinese state aid to its long-distance fisheries sector extends well beyond fuel subsidies to cheap loans, training, and wage supports, according to remarks by a fisheries official who heads a government-funded umbrella body promoting...
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UN Environment, Economy Division, Resources and Markets Branch, 11-13, Chemin des Anémones, 1219 Châtelaine, Geneva, Switzerland

International Monetary Fund, 700 19th Street, N.W., Washington, D.C. 20431, USA

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