BloombergNEF and Bloomberg Philanthropies report reveals G-20 member countries have given more than $3.3 trillion in subsidies for coal, oil, gas, and fossil-fuel power from 2015-2019.
This report informs on latest trends in 2020 data on support for fossil fuels and offers good practices and lessons learned emerging from country experiences, as reflected in the growing body of G20 peer reviews.
Circular economy activities aim to reduce overconsumption, design-out waste and restore and regenerate ecosystems and natural capital. However, new financial instruments and investments are needed to support the growth of these business models and innovations at scale.
Finance and planning ministries play a central role in promoting fiscal policies that generate more and better jobs with the transition to green economies. Adequate fiscal planning would help the decarbonization of the region’s economies create 15 million net new jobs by 2030.
This report examines how the Government of India has used subsidies to support the various energy sectors in India since announcing its renewable energy target of 175 GW by 2022,
Ready-to-go renewable energy projects can provide emissions reduction, jobs and economic growth. With the right policy levers, areas in most need of jobs and growth can be winners in the green recovery.
This report models the climate change mitigation potential of fossil fuel subsidy reform across 32 countries. The results show how much greenhouse gas emissions—both in per cent as well as in absolute terms—countries can save by 2030.
International Monetary Fund staff proposed a carbon-price floor to slow global warming over the next decade, saying that climate change presents huge risks to the functioning of the world’s economies.
Debt challenges, exacerbated by the economic consequences of the COVID-19 pandemic, are not homogeneous across SIDS.
Research to identify the harmful connections between the global economy and biodiversity losses is urgently required. This is the message of a background paper on biodiversity and the financial system compiled by Mistra’s expert panel.
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