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FOCUS: Joint report by IEA, OPEC, OECD and World Bank on fossil-fuel and other energy subsidies:
An update of the G20 Pittsburgh and Toronto Commitments (pdf, 14 pages, 750 KB)
This joint report to the G20 Summit in Cannes in November 2011 highlights the extent of subsidies and other support to fossil fuel production and consumption, the potential economic and environmental benefits of subsidy reform, and guidance on how countries can undertake the reforms while still protecting the poor.
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Background
The importance of reforming policies supporting fossil fuels was explicitly recognised in the OECD’s June 2009 Declaration on Green Growth, in which 34 countries vowed to “encourage domestic policy reform, with the aim of avoiding or removing environmentally harmful policies that might thwart green growth, such as subsidies: to fossil fuel consumption or production that increase greenhouse gas emissions…”.
Three months later, G20 leaders committed to “rationalize and phase out over the medium term inefficient fossil fuel subsidies that encourage wasteful consumption”, and called upon the rest of the world to do the same. In November 2009, a similar commitment was made by leaders of the Asia-Pacific Economic Cooperation (APEC) forum.
To further support those initiatives, the OECD and the IEA have been compiling estimates of subsidies and other support measures for a large number of countries. This site brings together the OECD inventory of estimated budgetary support and tax expenditures relating to the production or use of fossil fuels in its member economies, and IEA data on consumption subsidies, primarily in developing and emerging economies.
Data
Methodology: The estimates from the OECD and the IEA are based on two different approaches, which provide distinct but complementary information. For that reason, the two sets of data are not directly comparable and cannot be added. More...
Budgetary support and tax expenditures - OECD analysis
NOTE: Read the background information on the context, methodology and caveats associated with the data on budgetary support and tax expenditures: English | Français
Click on a country name to access estimates of budgetary support and tax expenditures relating to fossil fuels in that country. (All files are in PDF format and in English except where specified.)
Consumption subsidies - IEA analysis
Each year the IEA undertakes a global survey to identify economies that artificially lower end-use prices for fossil fuels to below the full cost of supply. The estimates cover subsidies to fossil fuels consumed by end users and subsidies to fossil-fuel inputs to electric power generation.
Publications
Bookmark this page: www.oecd.org/iea-oecd-ffss
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