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A Guidebook to Reviews of Fossil Fuel Subsidies

30 Sep 2017

IISD.org/gsi v A Guidebook to Reviews of Fossil Fuel Subsidies: From self-reports to peer learning FFS Review Champions The leaders of the G7, the G20, the European Union (EU) (a member of G20) and the Asia-Pacific Economic Cooperation (APEC) committed to “phase out and rationalise over the medium term inefficient FFS” “that encourage wasteful consumption” “while providing targeted support for the [...] As the subject matter of this guidebook, an FFS review can be defined as: the systematic examination and assessment of subsidies to fossil fuel production and consumption in a volunteering economy,2 with the goal of their identification, measurement, evaluation and rationalization through the adoption of best practices. [...] The review is owned by the volunteering economy and conducted on a non-adversarial basis either by the volunteering economy itself (in the case of self-reviews or self- reports) or by an invited panel of international experts, particularly from peer economies (in the case of peer reviews).3 FFS self- and peer reviews are a tool of increasing transparency and accountability over the policies that p [...] IISD.org/gsi 2 A Guidebook to Reviews of Fossil Fuel Subsidies: From self-reports to peer learning Box 1. The benefits of self- and peer reviews of FFS to volunteering economies Based on both the volunteering economies’ testimonials (including interviews conducted for this guidebook) and evidence around policy reviews in general (Gerasimchuk, 2013), the benefits of an FFS review can be described a [...] Sources: WTO, n.d.; Wooders & Verkuijl, 2017 IISD.org/gsi 13 Chapter 2. The Building Blocks of an FFS Review A Guidebook to Reviews of Fossil Fuel Subsidies: From self-reports to peer learning Box 3. Commonly used definitions and measurement of FFS: OECD The OECD has produced an inventory of support measures for fossil fuels in the OECD countries and a selection of partner countries for the past s
agriculture environment climate change aid european union government education politics renewable energy economy subsidy fossil fuel taxation natural resources finland externalities government policy vat oecd tax fuel g20 energy sector energy subsidies cost–benefit analysis the poorest externality asia-pacific economic cooperation fossil fuel subsidies
Pages
82
Published in
Winnipeg, MN, CA

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