Update on recent progress in reform of inefficiet fossil fuel subsidies that encourage wasteful consumption
2018
333.823/I221u
The present report covers the latest developments within the G20 context, other multilateral fora, and recent developments in fossil fuel subsidy reforms. It documents progress made through peer review processes undertaken since the last iteration of the update report, and recent reforms of support measures to fossil fuels globally. Though the inefficiency criterion has been evoked both by APEC and the G20, for the phasing out of FFS, the report does not pass any judgement on the measures that have either been phased out or reformed in the past year.
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