News

Dutch Government push for EU-Wide Aviation Tax
Inspiring action from the Dutch government that, given the absence of an agreement at the European Union level, will seek agreement to impose a tax on the aviation sector with

Handbook of Green Finance
The recently published Handbook of Green Finance (2019) deals with various financial instruments, policies and strategies in a policy-oriented approach for financing green energy projects. Many developed and developing economies

New International Partnership Established to Increase the Use of Energy Storage in Developing Countries (ESMAP)
On the 10th Clean Energy Ministerial and 4th Mission Innovation Ministerial, a new international partnership was established to help expand the deployment of energy storage and bring new technologies to

One Step Forward, Two Steps Back: Fossil fuel subsidies and reform on the rise (IISD)
Laura Merrill, Global Subsidies Initiative (GSI) Manager and Senior Policy Advisor at the International Institute for Sustainable Development (IISD), and Nina Quintas, take us through the evolution of fossil fuel

South Africa signs Carbon Tax into Law
South Africa signed the Carbon Tax into law, which has been under discussion since 2010. The goal is to “provide for the imposition of a tax on the carbon dioxide

An Inclusive Circular Economy Priorities for Developing Countries (Chatham House)
This month Chatham House published a paper titled “An Inclusive Circular Economy: Priorities for Developing Countries”, written by Felix Preston, Johanna Lehne and Laura Wellesley. The paper argues how the

Measuring Fossil Fuel Subsidies in the Context of the Sustainable Development Goals (UNEP, IISD & OECD)
The study “Measuring Fossil Fuel Subsidies in the Context of the Sustainable Development Goals” has been prepared by the United Nations Environment Programme (UNEP) in close collaboration with the International

Global Fossil Fuel Subsidies Remain Large: An Update Based on Country-Level Estimates (IMF)
The IMF recently published a paper that updates estimates of fossil fuel subsidies, defined as fuel consumption times the gap between existing and efficient prices (i.e., prices warranted by supply

Chapter on “Alternatives to Private Finance: Role of Fiscal Policy Reforms and Energy Taxation in Development of Renewable Energy Projects”
This chapter by Naoyuki Yoshino and Farhad Taghizadeh-Hesary, from the book “Financing for Low-carbon Energy Transition”, shows that by taxing carbon dioxide (CO2), sulphur dioxide (SO2), and nitrogen oxides (NOx)