High-level presentation and technical training workshop on Indicator 12.c.1 of the Sustainable Development Goals for Latin America and the Caribbean – “Amount of fossil fuel subsidies per unit of GDP
Large economies have pledged at least $292bn in COVID relief for fossil-fuel intensive industries, researchers say. Rising oil prices are testing the developing world’s resolve to quit fossil fuels. The
Matthew Kotchen, an economist at Yale University, has found that fossil fuel companies in the U.S. are getting approximately $62 billion in implicit subsidies every year. In his paper published
Fossil fuel producers in the U.S. are directly benefiting from implicit subsidies on the order of $62 billion a year because of inefficient pricing that doesn’t properly account for the
UK Export Finance will no longer back oil and gas projects overseas, shutting off a potential source of support for a major pipeline across Uganda and Tanzania By Isabelle Gerretsen The
Consumers get most of the benefits of unpaid costs, but companies get a slice, too. Arguments about our shift to renewable power often focus on the raw economics of the
TORONTO (Thomson Reuters Foundation) – The number of cities working to replace fossil fuels with renewable energy surged in 2020, representing a quarter of the world’s urban population, or one
Ian Granit The price of renewable energy has been reduced significantly in the past years, incentivizing the transition from the world’s current fossil fuel dependency to clean energy. Still, with rapidly increasing world
The contribution of the Covid-19 pandemic in bringing down carbon emissions is unparalleled. In doing so, the pandemic and the lockdown also helped quantify the environmental harms of burning fossil
Victoria Bassetti and Kelsey Landau As the COVID-19 pandemic upended long-settled fossil fuel supply and demand expectations, natural resource governance experts contemplatedsomething that seemed politically insurmountable just a year ago: a sharp restructuring of
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Economy Division, Resources and Markets Branch, 11-13, Chemin des Anémones, 1219 Châtelaine, Geneva, Switzerland
700 19th Street, N.W., Washington, D.C. 20431, USA
Deutsche Gesellschaft für Internationale Zusammenarbeit (GIZ), Friedrich-Ebert-Allee 36 + 40, 53113 Bonn, Germany