The importance of measuring fossil fuel subsidies (FFS) has been recognized in the SDG process with a dedicated indicator on measuring FFS (12.c.1 - – “Amount of fossil fuel subsidies per unit of GDP”). UNEP has developed a methodology to measure FFS to provide guidance to UN member countries on reporting on this indicator. As […]
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 […]
Moderated by Dr Walker (Ambassador of New Zealand to the WTO), the panel included Rachel Bae (Senior Counsellor at the OECD), Crispin Conroy (Representative Director at the International Chamber of Commerce) and Steven Stone (Chief of the Resources and Markets Branch at UN Environment). Panelists stressed that the process of phasing out fossil fuel subsidies […]
Addressing COVID-19 for Environment: Financing Green Recovery Register Here The UN Environment Management Group (EMG), in close collaboration with UNEP, UNEP-FI, UNESCAP, UNECE, UNECA, ECLAC, ESCWA, and RCNYO, will organize a 3-part series of virtual Nexus Dialogues on Addressing COVID-19 for the Environment. The introductory dialogue (Defining Green Recovery) aims at pushing the needle forward […]
Addressing COVID-19 for Environment: Regional Nexus Approaches to Building Back Better Register Here The UN Environment Management Group (EMG), in close collaboration with UNEP, UNEP-FI, UNESCAP, UNECE, UNECA, ECLAC, ESCWA, and RCNYO, will organize a 3-part series of virtual Nexus Dialogues on Addressing COVID-19 for the Environment. The introductory dialogue (Defining Green Recovery) aims at […]
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 […]
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