Timely seminars and high level events help promote reform. Events are ordered chronologically and include an impressive number of influential speakers from around the world.

Raising NDC ambition to reach climate action goals: Fossil fuel subsidies, energy pricing and swaps

How much can we reduce greenhouse gas emissions if we raise ambition with second-generation Nationally Determined Contributions?

This panel and discussion will focus on sharing lessons and best practices on fossil fuel subsidy reform and pricing based on country experience.

Experts will present results on GHG emission reduction from energy modelling research over 20 countries and consider possible fiscal scenarios to achieve climate action goals. We will take a closer look at fossil fuel subsidyphase-out, modest taxation of fossil fuels, and savings from FFS reforms reinvested into renewables and energy efficiency for a low-carbon energy “swap.” We will hear from countries and organizations working to create an enabling environment for the launch of the low-carbon energy economy to meet the goals of the Paris Agreement.

Thursday, December 5, 11.30–12.30,COP 25, Nordic Pavilion, Hall 6, IFEMA, Madrid, Spain

Upcoming Events

The Friends group was formed in June 2010 to support G20 and APEC leaders’ commitments to phase out inefficient fossil fuel subsidies. The Friends encourage the G20 and APEC to implement their initiative as soon as possible, with maximum ambition and transparency.

Friends of Fossil Fuel Subsidy Reform are

  • Costa Rica
  • Denmark
  • Ethiopia
  • Finland
  • New Zealand
  • Norway
  • Sweden
  • Switzerland
  • Uruguay
  • Netherlands