High-level meeting with the Deputy Minister of Ministry of Industry and Trade of Viet Nam (MOIT), Mr. Hoang Quoc Vuong and the Friends of Fossil Fuel Subsidy Reform.
M-Lex Market Insight coverage of fossil fuel subsidy reform at the Green Growth Summit IV
Measurement and inclusion within INDCs
How fossil fuel subsidies hold us back from a low-carbon future
Fossil Fuel Subsidy Reform and Investments in Clean and Affordable Energy
Børge Brende, Norwegian Minister of Foreign Affairs
Fossil-fuel subsidy reform has both economic and climate benefits. Reform will free up financing for sustainable development. Norway will contribute 100 million Norwegian kroner (app. USD 12.5 million) to fossil-fuel subsidy reform, and we strongly encourage other countries to increase their efforts and support the call for reform.
A change in direction?
The International Energy Agency’s (IEA) World Energy Outlook, released Nov. 12, 2014, provides a timely update on one of the key challenges to global sustainable development: fossil fuel subsidies.
Doris Leuthard, President of Switzerland
Keeping prices artificially low in my view, is also something which encourages population but also the Industry to waste consumption, to not to take care about efficiency and that is not what we want at the end of the day