Energy
News
COP27 – Sustainable Finance Architecture to Scale Investments in Climate ActionÂ
Event Replay – Sustainable Finance Architecture to Scale Investments in Climate Action Click here to watch the video and event introduction
Fit for 55: Deal on carbon sinks goal will increase EU 2030 climate target
MEPs and EU countries agreed to increase the EU carbon sinks target for the land use and forestry sector, which increases the EU’s 2030 greenhouse gas reduction target to 57%.
Oil and gas industry on brink of major surge in expansion – new drilling plans approved through 2025 could exhaust 17% of the global carbon budget for 1.5°C
A new briefing launched today at COP27 in Sharm-el-Sheikh by Oil Change International reveals that new oil and gas production approved to date in 2022 and at risk of approval over the
Reports

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.

Environmental Fiscal Reform in Morocco: Options and Pathways (World Bank)
This report by the World Bank Group assesses carbon pricing options that could be appropriate for Morocco and simulates their impacts using macroeconomic modelling. In response to the request from
Policy Briefs

Fuelling the Recovery: How India’s path from fuel subsidies to taxes can help Indonesia
Over the past decade, India transitioned from high transport fuel subsidies to relatively high taxes, delivering significant revenue that most recently have funded the country’s COVID-19 response. Indonesia’s transport fuel
UNEP Policy Brief on Building Back Better – Role of Green Fiscal Policies
The COVID-19 pandemic has exposed the many fragilities of our economies, and deepened existing inequalities, while highlighting the need for resilience, innovation, and cooperation in our societies. The immediate priority

GGKP Webinar – Measuring What Matters: How Much Are Fossil Fuel Subsidies Costing Governments?
Fossil fuels subsidies impede sustainable development, drain national budgets and divert resources from other priorities such as health and education. In addition, they undermine public health and social welfare, driving