Reforming energy subsidies: opportunities to contribute to the climate change agenda
Reforming environmentally harmful energy subsidies will need to play a central role in moving the world onto a more sustainable development path. Consensus on the detrimental impact of rising fossil-energy consumption on climate change now calls for renewed attention and urgency of the reform process. This report summarises the issues and challenges in removing or modifying subsidies on energy that undermine the pursuit of sustainable development.