This report seeks to open the box of emission pathways, by considering the multidimensional feasibility conditions-i.e. the technical, economic, political, social and institutional- that will enable the required far-reaching and systemic transformation towards the long-term goal.

As part of the Climate Governance Series, a framework has been developed for assessing countries’ readiness, from an institutional and governance point of view, to ratchet up climate policy and implement adequate transformational policies on the ground.

Putting a price on carbon can be an indispensable part of a country’s strategy to reduce emissions in an efficient way. Furthermore, putting a price on carbon through international carbon markets can also offer significant cost benefits and enable flexibility in achieving emission reduction targets.

This report models the climate change mitigation potential of fossil fuel subsidy reform across 32 countries. The results show how much greenhouse gas emissions - both in per cent as well as in absolute terms - countries can save by 2030.