“Delivering on G-20 Commitments: The path to fossil-fuel subsidy reform” an IISD Publication

Oct 29, 2010 | Corporate Member News

» Kerryn Lang, IISD, 2010. Paper, 4 pages, copyright: IISD

In September 2009, at the Pittsburgh Summit, G-20 leaders recognized that “inefficient fossil-fuel subsidies encourage wasteful consumption, distort markets, impede investment in clean energy sources and undermine efforts to deal with climate change,” and committed to phasing out and rationalizing inefficient fossil-fuel subsidies that lead to wasteful consumption.

This GSI policy brief summarizes what has since been done to date, including at Leaders’ Toronto Summit in June 2010. The policy brief outlines a roadmap for progressing the phase out of harmful fossil-fuel subsidies and recommends six actions that G-20 Leaders could take to deliver on their commitment at the upcoming Seoul Summit on November 11-12, 2010. 

Click here to access the paper.

About the International Institute for Sustainable Development

The world is challenged by a changing climate, biodiversity loss, abject poverty and environmental degradation. What can make a difference? Good ideas. Creativity. Passion. Innovation. The achievement of change.

IISD is in the business of promoting change towards sustainable development. As a policy research institute dedicated to effective communication of our findings, we engage decision-makers in government, business, NGOs and other sectors in the development and implementation of policies that are simultaneously beneficial to the global economy, the global environment and to social well-being.

In the pursuit of sustainable development, we promote open and effective international negotiation processes. And we believe fervently in the importance of building our own institutional capacity while helping our partner organizations in the developing world to excel.

Established in 1990, IISD is a Canadian-based not-for-profit organization with a diverse team of more than 150 people located in more than 30 countries. Through our dynamic portfolio of projects, we partner with more than 200 organizations throughout the world. To learn more about our history, please visit the IISD Timeline.

Click here to learn more about our project work and programs, which are guided by our strategic institutional directions. And please visit our IISD Linkages site to follow our coverage of international negotiations on environment and development.

IISD is registered as a charitable organization in Canada and has 501(c)(3) status in the United States. IISD receives core operating support from the Government of Canada, provided through the Canadian International Development Agency (CIDA), the International Development Research Centre (IDRC) and Environment Canada, and from the Province of Manitoba. The Institute receives project funding from numerous governments inside and outside Canada, United Nations agencies, foundations and the private sector.

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