OECD Inventory of Support Measures for Fossil Fuels 2023:
Despite commitments to scale up and speed up climate action, the fiscal cost of government support for fossil fuels almost doubled in 2022 to reach more than USD 1.4 trillion as governments across the OECD and partner countries introduced substantial initiatives to mitigate high energy costs on hous...
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Format: | Elektronisch E-Book |
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Sprache: | English |
Veröffentlicht: |
Paris
OECD Publishing
2023
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Schlagworte: | |
Online-Zugang: | Volltext |
Zusammenfassung: | Despite commitments to scale up and speed up climate action, the fiscal cost of government support for fossil fuels almost doubled in 2022 to reach more than USD 1.4 trillion as governments across the OECD and partner countries introduced substantial initiatives to mitigate high energy costs on households and firms, caused in part by Russia's war of aggression against Ukraine. This rising trend is a real threat to our collective net zero goals and highlights the challenges of staying on track with net zero commitments in the face of geopolitical and economic disruption. Going forward, it will be critical that support measures are reformed to better target those most in need. Support for fossil fuels should also be phased out as soon as possible. This will help free up much needed resources for the transition towards net zero emissions and accelerate innovation to improve energy efficiency |
Beschreibung: | 1 Online-Ressource (13 Seiten) 21 x 28cm |
DOI: | 10.1787/87dc4a55-en |
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spelling | OECD Inventory of Support Measures for Fossil Fuels 2023 Organisation for Economic Co-operation and Development Paris OECD Publishing 2023 1 Online-Ressource (13 Seiten) 21 x 28cm txt rdacontent c rdamedia cr rdacarrier Despite commitments to scale up and speed up climate action, the fiscal cost of government support for fossil fuels almost doubled in 2022 to reach more than USD 1.4 trillion as governments across the OECD and partner countries introduced substantial initiatives to mitigate high energy costs on households and firms, caused in part by Russia's war of aggression against Ukraine. This rising trend is a real threat to our collective net zero goals and highlights the challenges of staying on track with net zero commitments in the face of geopolitical and economic disruption. Going forward, it will be critical that support measures are reformed to better target those most in need. Support for fossil fuels should also be phased out as soon as possible. This will help free up much needed resources for the transition towards net zero emissions and accelerate innovation to improve energy efficiency Agriculture and Food Environment https://doi.org/10.1787/87dc4a55-en Verlag kostenfrei Volltext |
spellingShingle | OECD Inventory of Support Measures for Fossil Fuels 2023 Agriculture and Food Environment |
title | OECD Inventory of Support Measures for Fossil Fuels 2023 |
title_auth | OECD Inventory of Support Measures for Fossil Fuels 2023 |
title_exact_search | OECD Inventory of Support Measures for Fossil Fuels 2023 |
title_full | OECD Inventory of Support Measures for Fossil Fuels 2023 Organisation for Economic Co-operation and Development |
title_fullStr | OECD Inventory of Support Measures for Fossil Fuels 2023 Organisation for Economic Co-operation and Development |
title_full_unstemmed | OECD Inventory of Support Measures for Fossil Fuels 2023 Organisation for Economic Co-operation and Development |
title_short | OECD Inventory of Support Measures for Fossil Fuels 2023 |
title_sort | oecd inventory of support measures for fossil fuels 2023 |
topic | Agriculture and Food Environment |
topic_facet | Agriculture and Food Environment |
url | https://doi.org/10.1787/87dc4a55-en |