Beyond Fossil Fuels: Fiscal transition in BRICS (IISD 2019)

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The BRICS—Brazil, Russia, India, China and South Africa—are both influencing and being influenced by global energy markets and the clean energy transition. This report by the IISD focuses on the impact of the clean energy transition for the BRICs’ government budgets. It is estimated that in 2017, taxes and other revenues from both fossil fuel production and consumption amounted to anywhere between 23.6% of the general government revenue in Russia and 4.2% in China. To download the full report, follow the link to the IISD website.