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Making the Switch: From fossil fuel subsidies to sustainable energy
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2017 (English)Book (Other academic)
Abstract [en]

This report estimates fossil fuel subsidies to be around USD 425 billion. Such subsidies represent large lost opportunities for governments to invest in renewable energy, energy efficiency and sustainable development. Removal of consumer subsidies can lead to carbon emission reductions (6 to 8 per cent by 2050 globally), Reductions that can be improved further with a switch or a "SWAP" towards sustainable energy. This report describes the scale and impact of fossil fuel subsidies on sustainable development. It describes the SWAP concept to switch savings made from fossil fuel subsidy reform, towards sustainable energy, energy efficiency and safety nets. The report provides potential SWAP outlines for Bangladesh, Indonesia, Morocco and Zambia. "Making the Switch" was written for the Nordic Council Ministers by the Global Subsidies Initiative of IISD and Gaia Consulting.

Place, publisher, year, edition, pages
Copenhagen: Nordisk Ministerråd, 2017. , 81 p.
Series
TemaNord, ISSN 0908-6692 ; 2017:537
National Category
Earth and Related Environmental Sciences Environmental Biotechnology
Research subject
Energy; Environment; Sustainable development; Economy; Green growth; Working conditions; Climate
Identifiers
URN: urn:nbn:se:norden:org:diva-4845DOI: 10.6027/TN2017-537ISBN: 978-92-893-5016-7 (print)ISBN: 978-92-893-5017-4 ISBN: 978-92-893-5018-1 (print)OAI: oai:DiVA.org:norden-4845DiVA: diva2:1094676
Funder
Nordic Council of Ministers
Available from: 2017-05-10 Created: 2017-05-10 Last updated: 2017-05-17

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Earth and Related Environmental SciencesEnvironmental Biotechnology

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CiteExportLink to record
Permanent link

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Cite
Citation style
  • apa
  • ieee
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  • vancouver
  • Other style
More styles
Language
  • de-DE
  • en-GB
  • en-US
  • fi-FI
  • nn-NO
  • nn-NB
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  • Other locale
More languages
Output format
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  • asciidoc
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