Government spending and other forms of actual support to renewable energy is a blind spot at the international level. To help address the knowledge gap, IISD developed an inventory of public financial support for renewable energy generation and integration by G20 governments. It shows that G20 governments provided over $168 billion in public financial support […]
Despite strong calls for energy subsidy reforms, governments around the world still spend billions subsidising fossil fuel consumption each year. This report investigates how reforms can be designed that work in practice, drawing on over a decade of World Bank experience supporting these processes.
This chapter provides an overview of energy tax and subsidy patterns in the 71 countries covered in the report and estimates the net effect of energy taxes and subsidies on public finances.