A How-to Guide: Measuring subsidies to fossil-fuel producers
The production of fossil fuels-oil, coal and gas-is subsidized by countries around the world. The Global Subsidies Initiative estimates that these subsidies are likely to be at least $100 billion per year. Learn more about the process of finding the necessary data and applying methodologies.
The production of fossil fuels-oil, coal and gas-is subsidized by countries around the world. The Global Subsidies Initiative estimates that these subsidies are likely to be at least $100 billion per year.
But public information on how countries subsidize fossil-fuel producers, and to what extent, is scarce. How can societies decide whether subsidizing the production of fossil fuels is the best use of public funds if they do not know the scale of this support, who gets it and what its impacts are? This policy provides a "how-to" guide for measuring producer subsidies. It is the second policy brief in a series outlining a three-stage process of reform: "define-measure-evaluate." The brief provides an introduction and guide to using the manual "Subsidy Estimation: A survey of current practice" to work through the process of finding the necessary data and applying methodologies for calculating the value of producer subsidies.
You might also be interested in
Will the Inclusion of Voluntary Standards in Trade Agreements Lead to More Sustainable Trade?
The use of voluntary sustainability standards (VSSs) and similar systems in free trade agreements (FTAs) is gaining traction. Will it lead to more sustainable production and consumption globally?
Strategic Environmental Assessment for the Mining Sector
Strategic environmental assessments (SEA) are an essential tool for policy-makers working to develop a sector-wide vision for responsible mining.
Blackouts and Backsliding: Energy subsidies in South Africa 2023
Blackouts and Backsliding presents the latest energy subsidy data for South Africa.
Sustainable Asset Valuation of Parques del Río Norte in Medellín, Colombia
This economic valuation demonstrates the benefits of expanding urban green space in the city of Medellín, Colombia.