Energy
News
The Role of Green Financial Sector Initiatives in the Low-Carbon Transition: A Theory of Change
Green financial sector initiatives, including financial policies, regulations, and instruments, could play an important role in the low-carbon transition by supporting countries in the implementation of economic policies aimed to
COP27 – Sustainable Finance Architecture to Scale Investments in Climate Action
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%.
Reports
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
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
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
