COP 27 Side Event | Measuring Fossil Fuel Subsidies in the Context of the SDGs: Increasing transparency in times of high energy prices

Onlline

Fossil fuel subsidies have many negative economic, social, and environmental consequences. Under SDG 12, United Nations member states committed to rationalize inefficient fossil fuel subsidies. To measure progress on this target, SDG indicator 12.c.1 tracks the global size of fossil fuel subsidies, primarily using data provided by international organizations. Despite being classified as a Tier […]

The Elephant in the Room: How the G20 can veer from record fossil fuel support

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 […]