According to latest data from the OECD and the IEA, government support for the production and use of fossil fuels across 81 major economies totalled USD 351 billion in 2020, amounting to USD 183 billion across 50 OECD, G20, and Eastern Partnership economies.

This policy brief formulates five key asks to the G7 governments on climate finance in 2022. Five key asks to the G7 governments: 1. Meet and surpass the US$100 billion goal with new and additional finance. 2. Significantly scale-up grant-based adaptation finance. 3.

Southeast Asia has a strong need to decarbonise its economies and modernise its energy systems. In 2018, around 75% of primary energy demand in the region was met by fossil fuels such as oil, coal and gas.

This report aims to assist the South African government by identifying whether or not its energy fiscal policies are aligned with its stated objectives for the energy sector. Fiscal policies denote broad government spending, including subsidies, taxes, and grants.

This study develops a computable general equilibrium model for Nigeria, which accounts for informality, tax evasion, and fuel smuggling.

The transition to clean energy required to prevent temperatures from rising swiftly could shave 2% off global GDP by 2050 but is likely recoverable before the end of the century, a report by natural resources consultancy Wood Mackenzie said.

Global climate change will likely add pressure to international, national and sub-national security due to its nature as a threat multiplier. The energy system is at the heart of this challenge. On the one hand, two thirds of global emissions come from burning fossil fuels.

The year 2021 placed exceptional demands on electricity markets around the world. Strong economic growth, combined with more extreme weather conditions than in 2020, including a colder than average winter, boosted global electricity demand by more than 6% – the largest increase since the recovery from the financial crisis in 2010.

Phasing out fossil fuels is critical to global efforts to tackle climate change, but actions to curb emissions are hindered by protections granted under international investment law. This report analyzes the extent to which investor–state disputes protect foreign investments in fossil fuel projects—and therefore obstruct climate action.