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This policy note has been developed by the OECD at the initiative of the G20 Mexican Presidency. This note was finalised in consultation with the OECD’s Working Party on Private Pensions and the International Organisation of Pension Supervisors (IOPS). It is submitted for the consideration by the G20 Leaders at the Los Cabos Summit.
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Background paper for the Meeting of G20 Labour and Employment MinistersGuadalajara, 17–18 May 2012, prepared by the ILO and the OECD.
“What will the next four decades bring?” Based on joint modelling by the OECD and the Netherlands Environmental Assessment Agency, this outlook looks forward to 2050 to find out what demographic and economic trends might mean for the environment.
This publication provides preliminary, quantitative estimates of direct budgetary support and tax expenditures supporting the production or consumption of fossil fuels in selected OECD member countries. The information has been compiled as part of the OECD’s programme of work to develop a better understanding of environmentally harmful subsidies (EHS). It has been undertaken as an exercise in transparency, and to inform the international dialogue on fossil-fuel subsidy reform. It is also intended to inform the ongoing efforts of G20 nations to reform fossil-fuel subsidies.
For each of the 24 OECD countries covered, the Inventory provides a succinct summary of its energy economy, and of the budgetary and tax-related measures provided at the central-government level (and, in the case of federal countries, for selected sub-national units of government) relating to fossil-fuel production or consumption.
Many measures listed in this inventory are relative preferences within a particular country’s tax system rather than absolute support that can be readily compared across countries, and for that reason no national totals are provided.
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When G20 Leaders met in Pittsburgh, USA, 2009, they committed to “rationalize and phase out over the medium term inefficient fossil fuel subsidies that encourage wasteful consumption”, while recognising “the importance of providing those in need with essential energy services, including through the use of targeted cash transfers and other appropriate mechanisms”.
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Mobilizing Climate Finance. A paper prepared at the request of G20 Finance Ministers. October 6, 2011Work on this paper was coordinated by the World Bank Group, in close partnership with the IMF, the OECD and the Regional Development Banks (RDBs)
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This paper responds to the request of G20 Finance Ministers in exploring scaled up finance for climate change adaptation and mitigation in developing countries. This paper was coordinated by the World Bank Group, in close partnership with the IMF, the OECD and the Regional Development Banks. The OECD contributed the analysis of fossil fuel support, monitoring and tracking of climate finance and other inputs.
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In September 2009, G20 Leaders agreed to rationalise and phase out, over the medium term, inefficient fossil fuel subsidies. The OECD, together with other inter-governmental organisations, has contributed to several reports on energy subsidies in response to G20 Leaders‟ mandates and requests.
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This report, prepared for the G-20 by the International Energy Agency (IEA), the Organisation for Economic Co-operation and Development (OECD) and the World Bank, estimates the scope of fossil-fuel subsidies in 2009 and provides a roadmap for phasing-out fossil-fuel subsidies.