Leadership is required to move away from inefficient and harmful fossil fuel subsidies (SDG 12) towards sustainable energy systems with access to energy for all (SDG 7). Fossil fuel subsidies stood at about USD 425 billion in 2015. This is 7.5 times more than the amount of financing required for universal electricity access. Reforming subsidies […]

This Ministerial Segment will see a number of countries release an official statement (a Ministerial Declaration) urging the WTO to make room for FFSR in their ongoing discussions. This Declaration will be led by the Friends. High level delegates from signing countries will share a few words on the Declaration, there will be photo opportunities […]

More information to come and will be available here.

6:30-8:00 PM Practical country and international efforts to remove fossil fuel subsidies and invest in renewables, public transport and energy efficiency. Phasing out USD 500 billion subsidies and introduction of fuel taxation has emissions reduction potential of 23% and liberates finance for sustainable energy. Translation into French will be provided. Refreshments will be offered.