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Getting rid of fossil fuel subsidies makes basic sense for reducing
climate change
, says Helen Mountford, Acting Deputy Director, OECD
Environment
Directorate. The unanimous decision by the G-20 countries to phase them out could reduce global emissions by 10% by 2050. Now that the political will exists, the challenge, she adds, is implementation. This, in turn involves assessing the complex nature and scale of different subsidies and developing a methodology and action plan for their elimination. Peter Wooders, Senior Economist at the International Institute for
Sustainable Development
(
IISD
), explains that NGOs such as the
IISD
's Global Subsidies Initiative have a key role to play in this implementation, being politically-neutral and having built trust through fundamental research with both governments and international organisations. Dr. Fatih Birol, Chief Economist and Director for economic analysis of
energy
policy at the International
Energy
Agency (IEA), highlights the win-win-win prospects of fossil fuel subsidies' reform, for both developing and developed countries.
Duration:
00:05:24
Release Date:
16/12/2009
Format:
mpg
File Size:
163.80
MB
Bit Rate:
4228.0
Kbit/s
Aspect Ratio:
16:9
Keywords:
IISD, NGO
No Shotlist is available for this asset.
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No Releated Assets found for this asset.
Embedded Url:
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