Organisation for Economic Co-operation and Development

“Countries need to demonstrate with concrete actions and policies that they are serious about combating climate change. Reforming harmful fossil-fuel support is a good place to start,” said OECD Secretary-General Angel Gurría in adding his organisation’s endorsement of the Fossil-Fuel Subsidy Reform Communiqué.

The OECD contributes to improving transparency on government support to fossil fuels through its online Inventory of Support Measures for Fossil Fuels. This Inventory documents some 800 individual policies that support fossil fuels in the OECD region, as well as in Brazil, China, India, Indonesia, the Russian Federation, and South Africa. The OECD Companion to the Inventory of Support Measures for Fossil Fuels 2015 explains recent trends in these policies, and Taxing Energy Use 2015 provides further details on the structure and level of energy taxes in OECD and a selection of other countries. The OECD’s Environmental Performance Reviews and Economic Surveys routinely discuss policies that favour fossil fuels and offer advice on how to change them.

The OECD has actively supported the G20 agenda by co-authoring several reports on fossil-fuel subsidies for the group. It has also lent its expertise to the APEC and G20 peer reviews of inefficient fossil fuel subsidies that contribute to wasteful consumption. The OECD looks forward to continuing to work closely with the Friends of Fossil Fuel Subsidy Reform.