G2TT
来源类型Working and discussion papers
规范类型工作论文
Stories from G20 countries: shifting public money out of fossil fuels
Ivetta Gerasimchuk; Shelagh Whitley; Christopher Beaton; Richard Bridle; Alex Doukas; Maria Marta Di Paola and Yanick Touchette
发表日期2018
出版年2018
语种英语
概述This working paper presents eight case studies on how G20 governments have made progress in shifting support away from fossil fuels.
摘要

Energy subsidies and tax revenues, investments by state-owned enterprises (SOEs) and credit support can either undermine or encourage sustainable development and decarbonisation. In 2009, G20 governments committed to end government support to fossil fuels through a number of reform pledges. Since then, some G20 governments have used various flows of public money to make progress in shifting support away from fossil fuels.

This working paper brings together eight stories that illustrate how reforms can be enabled and implemented to align flows of public money with the Paris Agreement and sustainable development goals:

  • Story 1 provides the example of Indonesia as a country that saved $15.6 billion by reforming untargeted subsidies for gasoline and diesel in 2015.
  • Stories 2 and 3 highlight recent reforms that remove subsidies for fossil fuel exploration, development and production in Canada and Argentina.
  • Story 4 features reforms in the European Union, including progress in its accountability on fossil fuel subsidies and the phase-out of subsidies for hard coal mining by the end of 2018.
  • Story 5 unpacks the progress on shifting credit support from public financial institutions, including multilateral development banks, away from fossil fuels.
  • Story 6 deals with the examples of SOEs in coal mining and fossil fuel power diversification in clean energy in China, India and Sweden.
  • Stories 7 and 8 discuss a related issue of not just removing government support from fossil fuels, but also increasing taxation on their consumption and production, in China, Saudi Arabia, South Africa and India.

The research finds that the shift of public money from fossil fuels to clean energy must occur at a much faster rate for the G20 to meet the SDGs and climate goals. Futhermore, G20 governments should learn from each others' efforts undertaking reforms while protecting vulnerable groups and ensuring a just transition for workers and communities currently dependent on fossil fuels. 

主题climate change ; energy ; climate finance ; Indonesia ; Canada ; Argentina ; India ; China ; Sweden ; South Africa ; Middle East and North Africa
URLhttps://www.odi.org/publications/11242-stories-g20-countries-shifting-public-money-out-fossil-fuels
来源智库Overseas Development Institute (United Kingdom)
资源类型智库出版物
条目标识符http://119.78.100.153/handle/2XGU8XDN/510139
推荐引用方式
GB/T 7714
Ivetta Gerasimchuk,Shelagh Whitley,Christopher Beaton,et al. Stories from G20 countries: shifting public money out of fossil fuels. 2018.
条目包含的文件
条目无相关文件。
个性服务
推荐该条目
保存到收藏夹
导出为Endnote文件
谷歌学术
谷歌学术中相似的文章
[Ivetta Gerasimchuk]的文章
[Shelagh Whitley]的文章
[Christopher Beaton]的文章
百度学术
百度学术中相似的文章
[Ivetta Gerasimchuk]的文章
[Shelagh Whitley]的文章
[Christopher Beaton]的文章
必应学术
必应学术中相似的文章
[Ivetta Gerasimchuk]的文章
[Shelagh Whitley]的文章
[Christopher Beaton]的文章
相关权益政策
暂无数据
收藏/分享

除非特别说明,本系统中所有内容都受版权保护,并保留所有权利。