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Fossil fuel subsidy reform: From rhetoric to reality

In order to support governments and other stakeholders that are seeking to understand the potential for fossil fuel subsidy reform, or are planning to undertake or provide financial assistance for wider programs of energy subsidy reform, this report outlines the current scope and scale of subsidies for fossil fuels; the economic, social, and environmental costs of fossil fuel subsidies; emerging evidence of the global benefits of reforming fossil fuel subsidies; potential barriers to subsidy reform; drivers and opportunities for reform; key principles for national level reform; and current opportunities to accelerate reforms on fossil fuel subsidies through international support. The report also contains 15 case studies of fossil fuel reform across developed and developing countries.

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