Energy
News

Stockholm +50 Supports Fiscal Incentives Such as Phasing Out Fossil Fuel Subsidies, Scaling Up Financing for Environment, and More
Delegates and stakeholders attending Stockholm+50 have called for commitment to address global environmental concerns, and for a just transition to sustainable economies. The two-day conference concluded with a statement from

Role of Fiscal Policies in a Green COVID-19 Recovery: Experience, Best Practice and Next Steps in the Asia-Pacific Region
This workshop, organized by GFPN and UNESCAP, explored the potential role of green fiscal policies in greening the Covid-19 recovery with the aim of supporting public health efforts, reducing environmental and climate change risks, and strengthening resilience to future crises by embedding inclusive and sustainable socio-economic considerations in national economic planning.
Budgeting for Sustainable Development – GFPN – University of Oxford COP26 side-event
How can fiscal policy support socio-economic development, and the environment? Join H.E. Minister Lee White of Gabon to explore new practical methods for understanding potential policy impacts during budget planning.
Reports
Reforming fossil fuel subsidies: drivers, barriers and the state of progress (Rentschler & Bazilian)
This article by Rentschler & Bazilian (2017) outlines the current state of affairs in fossil fuel subsidy reform, and highlights its contribution at the nexus of climate policy, fiscal stability
The empirics of enabling investment and innovation in renewable energy (OECD)
This OECD paper analyses the impacts of climate mitigation policies and the quality of the investment environment on investment and innovation in renewable power in OECD and G20 countries. It

Making the Switch: From fossil fuel subsidies to sustainable energy (GSI)
This report by the Global Subsidies Initiative (GSI) estimates fossil fuel subsidies to be around USD 425 billion which represent large lost opportunities for governments to invest in renewable energy,