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Learn about key policy recommendations for designing and implementing FFSR in a progressive, not poverty increasing, socially just and economically fair way, drawing insights from five case studies (Chile, France, Ghana, Iran, Indonesia). 

Summary

This brief outlines how Governments across the world can accelerate this clean energy revolution while recognising that reforming decades-old fossil fuels subsidies is a daunting task. Part of the Future Investment series, it provides macroeconomic and political insights on how to move public resources away from fossil fuels in a socially equitable and economically sustainable manner. It also outlines the factors that make energy pricing reforms successful, and why. It outlines case studies from countries including Indonesia, Chile, France, Iran and Ghana where a conditional cash transfer programme was introduced to link fuel subsidy reductions to the elimination of school fees for primary and secondary education. In doing so, it provides a comprehensive analysis of the critical political economy, distributional impacts and social elements that are sometimes overlooked by policymakers.

Removing fossil fuel subsidies is perhaps more vital than ever as countries across the globe aim to build forward better from the devastating socio-economic impacts of the COVID-19 pandemic. Crucially, Governments can redirect these finances towards green, sustainable development projects that advance the Global Goals.

Read the publication online here or download the report below ⬇️

Or Read the one-page summary here or download it below ⬇️


The briefs and working papers in the UNDP Development Future Series are penned by UNDP staff from around the world sharing evidence and insights that are grounded in deep study, data and practice.

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