International initiatives

There are several international initiatives, networks and campaigns to support green fiscal reform. Some key on-going initiatives are listed below.


TheCarbon Pricing Leadership Coalition (CPLC)is a voluntary partnership which brings together 24 countries and more than 90 companies and partners to push for action on carbon pricing by sharing best practices and mobilizing business support. The Carbon Pricing Leadership Panel is convened by World Bank Group President Jim Yong Kim and the International Monetary Fund’s Managing Director Christine Lagarde, and brings together Heads of State, city and provincial leaders to encourage action on carbon pricing among peers.



The Friends of Fossil Fuel Subsidy Reform are an informal group of non-G20 countries working to build consensus on the importance of fossil fuel subsidy reform and promote benefits of reform among governments. Members include: Costa Rica,  Denmark, Ethiopia, Finland, New Zealand, Norway, Sweden, Switzerland and Uruguay. The Friends adopted a Communique on Fossil Fuel Subsidy Reform which is supported by over 40 countries, several NGOs and major corporations.


The Climate Action Peer Exchange (CAPE) is a forum for peer learning, knowledge sharing, and mutual advice to support countries in implementing their Nationally Determined Contributions (NDCs) under the Paris Climate Agreement.  The initiative brings together finance ministries, budget agencies and revenue authorities with technical experts. It was initially proposed by the World Bank and the Moroccan Presidency at the COP22 in Marrakesh in November 2016 and was launched at the Second Annual High Level Assembly of the Carbon Pricing Leadership Coalition in April 2017.  The initiative is coordinated by a Secretariat supported by the World Bank.



The Partneship for Market Readiness (PMR) is a forum for collective innovation and action providing support to prepare and implement climate change mitigation policies – including carbon pricing instruments. The PMR provides a platform which brings together more than 30 countries, various international organizations, and technical experts to facilitate country-to-country exchange and knowledge sharing. Among its activities, the PMR supports countries in the design and implementation of carbon pricing instruments such as carbon taxes, emission trading systems, crediting and offset mechanisms.



The Organisation for Economic Co-operation and Development (OECD) undertakes work on various issues of tax reform including efforts to improve tax transparency, reform international tax rules, address tax avoidance and the role of effective tax systems for domestic resource mobilization and sustainable development. The OECD also examines issues relating to taxes and the environment, including the interaction between environmental taxes and the broader tax system, the impacts of environmental taxes on competitiveness and on equity. The OECD maintains a database on environmentally related taxes in OECD and partner countries and organizes regular Joint Meetings of Experts on Tax and Environment which brings together officials from Tax and Environment Ministries from OECD and partner countries to exchange information and experience with the use of environmental taxes.



The World Bank administered Energy Sector Management Assistance Program (ESMAP) has an Energy Subsidy Reform and Delivery Technical Assistance Facility which provides support to countries in the design and implementation of subsidy reform programs. ESMAP also hosts a web-based platform – the Energy Subsidy Reform Online Community (ESROC) – which brings together government officials, experts from the World Bank and other international organisations to share insights and experiences with reforming energy subsidies. In addition, the World Bank plays a key role in a number of initiatives including the Carbon Pricing Leadership Coalition and Panel, the Partnership for Market Readiness and the Climate Action Peer Exchange initiative.