Fossil fuel subsidies (USD, billions):
Fossil fuel subsidies with externalities (% of GDP):
Environmentally sustainable post-COVID-19 spending in Latin America and the Caribbean lags behind the rest of the world, according to a new platform co-developed by the University of Oxford that showcases real-time data from 33 countries.
The Inter-American Development Bank (IDB) is recommending that finance and planning ministries in Latin American and the Caribbean (LAC) consider fiscal policies to accelerate the transition to green economies and pave the way for the region to meet decarbonisation goals.
P4G Seoul Summit unites world leaders for inclusive green recovery, serves as stepping stone for next climate COP
P4G Seoul Summit wrapped up on May 31, proclaiming global inclusive green growth in Seoul Declaration. The Summit called for global cooperation in climate change response;
Política Fiscal y Cambio Climático: Experiencias Recientes de los Ministerios de Finanzas de América Latina y el Caribe (IDB)
Finance and planning ministries play a central role in promoting fiscal policies that generate more and better jobs with the transition to green economies. Adequate fiscal planning would help the decarbonization of the region’s economies create 15 million net new jobs by 2030.
This Spanish publication by the Peruvian Society for Environmental Law (SPDA) and the Konrad Adenauer Foundation collects the contribution of more than 25 people fromm
In Chile, green tax on stationary sources raises US$188,3 million in 2018, and records a slight drop on revenue collection ability due to lower emissions
In 2018, the 93 establishments subject to the green tax totaled payments of US$188,3 million. This amount corresponds to the valuation of the emissions reported