Fossil fuel subsidies harm the environment, add to health hazards caused by air pollution, and delay the energy transition. Scholars and practitioners have therefore been exploring ways to reform and
Practically every government in the world faces challenges when it comes to balancing their budgets, and an increasingly attractive target for revenue creation is a tax on goods deemed to
This report articulates how fossil fuel subsidy reform (FFSR) can contribute to a just transition, and how a just transition framework can contribute to successful reform. The report explores a
India is the world’s third largest economy with a rapidly expanding population, and hence substantial increases in energy demand. India’s government is looking for ways to power further economic growth
Reflecting the growing momentum for carbon pricing worldwide, the 2017 edition of the State and Trends of Carbon Pricing targets the wide audience of public and private stakeholders engaged in
The objective of this Roadmap is to propose an integrated approach that can be used by all financial sector stakeholders—both public and private—to accelerate the transformation toward a sustainable financial
This research shows that governments in Europe and the European Union (EU) are continuing to subsidise oil, gas and coal, fuelling dangerous climate change with taxpayers’ money both at home and abroad.
Given its central role in disciplining trade-distorting subsidies across sectors, the World Trade Organization (WTO) is an obvious candidate for advancing fossil fuel subsidy reform (FFSR) internationally. However, their
As the first cap-and-trade program in North America, the Regional Greenhouse Gas Initiative (RGGI) has had an outsized influence on the design of similar programs worldwide. The Initiative is a market-based
Countries in the G20 have committed to phase out ‘inefficient’ fossil fuel subsidies. However, there remains a limited understanding of how subsidy removal would affect fossil fuel investment returns and production,
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