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1 results

  • 5 - The G20 and Fossil Fuel Subsidies

  • from Part III - Fossil Fuel Subsidies
  • Jakob Skovgaard, Lunds Universitet, Sweden
  • Book:
    The Economisation of Climate Change
    Published online:
    11 March 2021
    Print publication:
    25 March 2021, pp 87-104
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  • Summary

    The 2009 G20 commitment to reform fossil fuel subsidies has proved to be a catalyst for the efforts to promote such reform. The chapter outlines the factors shaping this commitment as well as subsequent efforts to ensure that member states lived up to this commitment (the policy entrepreneurship of the US government, the G20 being an informal institution) and the consequences of the commitment on the international level. The commitment catalysed action in a range of other institutions including the World Bank, the OECD, the International Energy Agency and the Asia-Pacific Partnership) and the domestic level (in some states the commitment led to discussion of whether fossil fuels were subsidised or not).