News

End fossil fuel subsidies and reset the economy for a better world (IMF & World Economic Forum)
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

UK carbon pricing proposal does not learn from EU’s mistakes (Rethink)
The UK government has proposed its new carbon pricing scheme to replace the European Emissions Trading System (ETS) upon the country’s split with the EU, as the Brexit deadline approaches.

Global institutions unite around key actions for green and fair economic recovery from COVID-19 (UN PAGE)
On World Environment Day, 5th June 2020, global institutions working on development, labour and environment have united around key actions for spurring a green, just and transformative recovery. To read

Global Carbon Accounts 2020 (I4CE)
The Global Carbon Accounts 2020 feature a comprehensive overview of the key trends of carbon pricing and put special focus on the European Market Stability Reserve and carbon pricing in

If given the chance, Indonesia’s COVID-19 stimulus can build a green, resilient economy (CPI)
Tiza Mafira, Associate Director at CPI, argues that Indonesia has a unique opportunity to learn from past mistakes and build a recovery that improves the country’s chances for economic stability

How Covid-19 could help eliminate fossil fuel subsidies (Prospect)
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.

Fossil Fuel Subsidies and Taxation: Two Sides of the same Carbon Coin (BNE)
Generous government subsidies around the world are, even now, enabling the extraction and burning of fossil fuels that would otherwise remain in the ground. A global technocratic elite that claims

Redesigning tax for a just, green recovery (Common Wealth)
In response to Covid-19, the Treasury is considering changes to the UK’s tax system on a scale not seen for decades. While changes to the tax system are much needed,

Norway Proposes NOK 3.6bn Green Investment Package (Life in Norway)
The Norwegian government has proposed a NOK 3.6bn crisis package to support green technology projects. Hydrogen, battery technology, offshore wind and low-emission shipping are among the areas that should benefit.