Climate Change
News
‘Green recovery’ from COVID-19 pushed at CEO summit
Business leaders pushed for a ‘greener’ economic recovery from the COVID-19 pandemic as they warned about the impact of the climate crisis is an “even greater emergency.”
90% of global farm subsidies damage people and planet, says UN
Almost 90% of the $540bn in global subsidies given to farmers every year are “harmful”, a startling UN report has found. This agricultural support damages people’s health, fuels the climate crisis, destroys nature and drives inequality by excluding smallholder farmers, many of whom are women, according to the UN agencies.
Thousands of scientists, academics call for fossil fuel ‘non-proliferation treaty’
More than two thousand leading scientists and academics have called on world leaders to commit to a new fossil fuel ‘non-proliferation treaty’, committing to urgently phase out the use of coal, gas and oil in response to the emerging threats posed by climate change.
Reports
Mapping India’s Energy Subsidies 2021: Time for renewed support to clean energy (IISD, GSI and CEEW)
This report examines how the Government of India has used subsidies to support the various energy sectors in India since announcing its renewable energy target of 175 GW by 2022,
A clean COVID-19 pandemic recovery: the global opportunity (EY Parthenon)
Ready-to-go renewable energy projects can provide emissions reduction, jobs and economic growth. With the right policy levers, areas in most need of jobs and growth can be winners in the green recovery.
Cutting Emissions Through Fossil Fuel Subsidy Reform and Taxation (IISD)
This report models the climate change mitigation potential of fossil fuel subsidy reform across 32 countries. The results show how much greenhouse gas emissions—both in per cent as well as in absolute terms—countries can save by 2030.
Policy Briefs
Discussion paper on governmental carbon-pricing (UNEPFI)
The UN-convened Net-Zero Asset Owner Alliance recommends strengthening of current carbon-pricing instruments and regulations across global economy. Explicit mechanisms for escalating binding carbon-price floor and ceiling are detailed in this
Tax Policy and Climate Change: IMF/OECD Report for the G20
This report focuses on carbon pricing, taking stock of current pricing patterns, identifying reform needs to meet mitigation pledges, impacts, and opportunities, and comprehensive approaches to address political economy concerns.
Carbon border adjustment – opportunity for climate protection and competition
There is growing consensus that a carbon price that reflects the true cost of emitting CO2 is an indispensable instrument to achieve the climate targets. Nevertheless, increasing the price of