Energy
News
MDBs’ Climate Finance in Low and Middle-Income Countries Reaches $51 Billion in 2021
Climate finance committed by major multilateral development banks (MDBs) rose by more than 24% last year compared to 2020, according to the 2021 Joint Report on Multilateral Development Banks’ Climate Finance released
Chen Long: Creating a Digital Circular Economy for Net Zero (podcast)
In the podcast Economics & Beyond, hosted by Executive Director of the Institute for New Economic Thinking Rob Johnson, Rob and Chen discuss the results of a new report on
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
Reports
From pandemic to Paris: the inclusion of COVID-19 response in national climate commitments
Both climate change and COVID-19 are global public health crises threatening lives and livelihoods, increasing poverty, exacerbating inequalities, and damaging economic growth prospects. However, with the pandemic temporarily overshadowing the
Switching it up: The effect of energy price reforms in Oman
Fresh UNIDO-led research in collaboration with the World Bank provides concrete evidence that removing fossil fuel subsidies would not only make environmental sense but would also improve firms’ economic performance. New firm-level
Taxing Energy Use for Sustainable Development: Opportunities for energy tax and subsidy reform in selected developing and emerging economies (OECD)
Economic recovery programmes provide opportunities for countries to focus on strategies for pursuing sustainable development, while taking the necessary steps to mobilise domestic resources. Sustainable development requires an alignment between
Policy Briefs
Carbon Pricing: Essential But Insufficient
The Center for Progressive Reform recently published an issue brief that explains how carbon pricing is necessary, and then argues that it is both practically and politically insufficient for achieving
Policy Brief on Fossil Fuel Subsidies
Key messages: There is growing consensus that phasing out fossil fuel subsidies is an essential part of the green economy transformation, by sending the right price signal to the market
Stopping Payments to Polluters: Clearing the air with fossil fuel subsidy reform in China and India (GSI)
Addressing urban air pollution requires governments to reorient policies away from fossil fuel combustion. This Policy Brief by the Global Subsidies Initiative (GSI) explores one such policy shift—the reform of
