News
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)
Implications of fiscal and financial policies for unlocking green finance and green investment (ADBI)
This article from the Asian Development Bank Institute, by Dina Azhgaliyeva, Zhanna Kapsaplyamova and Linda Low (2018), distinguishes between private sector investment and government investment in renewable energy. They use
Green fiscal reform for a just energy transition in Latin America (Discussion Paper)
This article from the Kiel Institute for the World Economy by Michael Jakob, Rafael Soria, Carlos Trinidad, Ottmar Edenhofer, Céline Bak, et. al. (2018), provides an overview of the major
Fiscal Policies for Paris Climate Strategies: From Principle to Practice (IMF)
The IMF recently published a paper that provides country-level guidance on the role and design of fiscal policies for implementing climate mitigation strategies as well as addressing vulnerabilities in disaster-prone
