Energy
News

Border Carbon Adjustment Mechanisms and Impacts on Vietnam
The International Institute for Sustainable Development explores the concept of a border carbon adjustment as a tool to drive the decarbonization of trading partner countries. BCAs are designed to raise

Energy Subsidy Reform in Action: From Ambition to Action
Defne Gencer and Beatriz Arizu from the World Bank examine government support for the energy industry. A significant portion of the public budget is allocated to artificially lowering the cost

The effects of critical mineral endowments on green economic growth in Latin America
The Latin America region is a major producer and exporter of critical minerals such as lithium, cobalt, copper, and nickel. Brazil holds approximately 20% of the world’s nickel reserves, while
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

Leveraging fiscal stimulus to improve energy transition: Case of South Korea and Indonesia
Strict lockdowns across the globe in response to the COVID-19 crisis have led to severe economic consequences. Compared to 2019, the global GDP in 2020 fell by 4.3 %, the

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