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 air pollution, congestion and climate change. Understanding the size of fossil fuel subsidies is a key step towards enhanced transparency and can ultimately support efforts […]
In 2009, G20 governments committed to phasing out and rationalizing inefficient fossil fuel subsidies in the medium term, but 14 years later, the countries spent a record amount of public money to support coal, oil, and gas. What’s more, the issue of fossil fuel subsidies is notoriously absent in this year’s G20 agenda ahead of […]
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