Extractives
News
A 5 Trillion Dollar Subsidy: How We All Pay For Fossil Fuels (Forbes)
2020-06-09
Fossil fuel companies receive US$ 5 trillion in subsidies annually, equivalent to over 6% of global GDP. The International Monetary Fund (IMF), which calculated the size of the subsidies, explained
End fossil fuel subsidies and reset the economy for a better world (IMF & World Economic Forum)
2020-06-09
The World Economic Forum launches the “Great Reset” initiative for a better world after the pandemic. The IMF backs the transition to a green economy and calls for an end
How Covid-19 could help eliminate fossil fuel subsidies (Prospect)
2020-06-08
As oil-exporting countries struggle to respond to the crisis, there is a way to make critical fiscal resources available. To read the full article, refer to the Prospect website.
