Fossil fuel subsidies (USD, billions):
Fossil fuel subsidies with externalities (% of GDP):
Southeast Asia’s economy is set to lose trillions over the next 50 years if it does not significantly reduce its carbon emissions, a Deloitte report found.
P4G Seoul Summit unites world leaders for inclusive green recovery, serves as stepping stone for next climate COP
P4G Seoul Summit wrapped up on May 31, proclaiming global inclusive green growth in Seoul Declaration. The Summit called for global cooperation in climate change response;
Reducing greenhouse gas emissions is a matter of national interest for Vietnam, one of the most vulnerable countries to global climate change. Serious local air pollution, particularly in large cities, has also increased the case for effective emission reduction policies.
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 published by the Vienna Institute for International Dialogue and Cooperation (VIDC) and authored by Jacqueline Cottrell and Tatiana Falcão, explores the trade-offs and complementarities between environmental taxation