A shift away from using fossil fuels is a key enabler for the low-carbon transition necessary to achieve climate goals, but delivering this transformation has widespread repercussions across local communities. A just transition – one that captures a social, environmental and economic approach – is crucial.

Article 2.1c of the Paris Agreement breaks new ground. It is the first time that the United Nations Framework Convention on Climate Change (UNFCCC) process has set a collective goal reflecting the full scale of effort needed on finance to successfully address climate change.

Energy subsidies and tax revenues, investments by state-owned enterprises (SOEs) and credit support can either undermine or encourage sustainable development and decarbonisation. In 2009, G20 governments committed to end government support to fossil fuels through a number of reform pledges.

In 2015, under the United Nations Framework Convention on Climate Change’s Paris Agreement, governments committed to keeping global temperature increases to 2°C and to pursue efforts towards a more ambitious 1.5°C target.

G7 countries (and others around the world) are in the early stages of an energy transition – including, in some areas, a shift away from the production and consumption of fossil fuels. This transition is being driven by decarbonisation objectives and policies, as well as a sharp reduction in the cost of clean technologies.

Worldwide, a significant proportion of the private sector receives some level of support, interventions and subsidies from the public sector. In the specific case of energy subsidies

Worldwide, a significant proportion of the private sector receives some level of support, interventions and subsidies from the public sector. In the specific case of energy subsidies

A new report has concluded that members of the G20 are providing $452 billion per year on fossil fuel production subsidies.

Sub-Saharan Africa is at a critical point, experiencing rapid population growth, particularly in urban areas, and a young and growing workforce.

There is an increasing focus on the role that public and private resources can play in supporting activities that reduce forest loss as part of wider efforts to address climate change, and ensure sustainable development.

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