“The First Year of the G-20’s Commitment on Fossil-Fuel Subsidies: A Commentary on Lessons Learned and the Path Forward” IISD

Feb 17, 2011 | Corporate Member News

Kerryn Lang, IISD, 2011. Paper, 24 pages, copyright: IISD

In 2009 and 2010, government efforts to curb fossil-fuel subsidies burgeoned with fossil-fuel subsidy reform becoming a frequent topic on international agendas: the G-20 and APEC have committed to phasing out inefficient fossil-fuel subsidies and the Friends of Fossil-Fuel Subsidy Reform group of countries was established, to encourage and support the G-20 initiative.

Much of the increased activity is a result of the G-20’s initiative and continued leadership. But the task of phasing out fossil-fuel subsidies is challenging and takes time. Much remains to be done by the G-20 to fulfil their medium-term commitment, including monitoring the phase-out of subsidies identified for reform.

This report offers a commentary on the first year of the G-20’s commitment to reform fossil-fuel subsidies and the actions of other governments and organizations that have contributed to the reform movement. It draws lessons that can be learned from that first year and looks ahead at what further progress the G-20 and international community can make to enhance global and national efforts to reduce fossil-fuel subsidies that work against climate change and sustainable development objectives.

Access the report here.

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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