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Lessons learnt and good practice from APEC-economy fossil-fuel subsidy peer reviews | en

According to latest data from the OECD and the IEA, government support for the production and use of fossil fuels across 81 major economies totalled USD 351 billion in 2020, amounting to USD 183 billion across 50 OECD, G20, and Eastern Partnership economies. While the difficulty of reform is evident from the range and complexity of challenges confronting governments in the phasing-out of fossil-fuel subsidies, APEC economy-led fossil-fuel subsidy peer reviews play a key role in pointing out comm...
Eastern Partnership Fossil Fuel Subsidy Reform Peer Review Good Practice Designing Reform Process
Source: oecd.org

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