Latvia
Country indicators
Fossil fuel subsidies (USD, billions):
Fossil fuel subsidies with externalities (% of GDP):
News
EU must not blindly sign up to a weak aviation carbon market
14.11.2018 – As countries negotiate rules for offsetting airline emissions in Montreal, the EU should reserve its right to impose stronger regional policies. Replacing the EU ETS with Carbon Offsetting and
40% of EU budget should be dedicated to greening the economy
09.11.2018 – According to the European Economic and Social Committee (EESC), an EU advisory body, the EU’s next multi-annual budget (2021-2027) should dedicate 40% of spending to the low-carbon economy and
Road charges in the EU: a fairer and environmentally friendlier system
25.10.2018 – The European Parliament voted in favor of new rules on road use charges in the EU to guarantee equal treatment of road users and to help Member States reach
Reports
Budgetary support and tax expenditures for fossil fuels – An inventory for six non-OECD EU countries (IVM Institute)
Financial support for the production and consumption of fossil fuels, while clearly at odds with the objective of greenhouse gas reduction, is still a widespread phenomenon throughout the world. The
From Challenge to Opportunity: Shadow Country Reports in Support of the European Semester Cycle (GBE, CEE BankWatch, EEB)
This report by Green Budget Europe (GBE), CEE BankWatch and European Environment Bureau (EEB) involved an assessment of the 2016 European Semester Country Reports among network of members and national
2016 Country-Specific Recommendations in support of the European Semester cycle (GBE)
This report led by Green Budget Europe (GBE), in collaboration with CEE BankWatch, EEB and WWF, sets out recommendations for the 28 EU Member States to accelerate Environmental Fiscal Reforms (EFR) in the context of