This paper focuses on how to undertake energy subsidy reform in light of country experiences. The paper reviews the challenges arising from energy subsidies, emphasizing their fiscal costs, adverse macroeconomic and environmental impacts, and the regressive distribution of subsidy benefits.
The Global Subsidies Initiative (GSI) of the International Institute for Sustainable Development (IISD) has published a guidebook on how governments can develop a fossil fuel subsidies reform strategy, in a way that will fit their individual objectives and circumstances.
This is the second edition of the India Fossil-Fuel Subsidy Review, a biannual publication of the International Institute for Sustainable Development’s (IISD) Global Subsidies Initiative.
This report aims at providing the emerging lessons from a representative sample of case studies in 20 developing countries that could help policy makers to address implementation challenges, including overcoming political economy and affordability constraints.
This is the first edition of the India Energy Subsidy Review, a biannual publication of the International Institute for Sustainable Development’s (IISD) Global Subsidies Initiative (GSI).
Fossil-fuel subsidies matter: for sustainable development; for government budgets; for the poor; for women; and for the environment. Subsidies amounted to $544 billion (2012) and are largest in MENA and Southeast Asia.
Berlin, Germany
A new report from the International Monetary Fund (IMF) explores the issue of energy subsidies, including their consequences, fiscal and economic costs, as well as key elements for subsidy reform.