Reaping Emissions Reductions from Fossil-Fuel Subsidy Reform

This side-event, organized by the Friends of Fossil-Fuel Subsidy Reform (Costa Rica, Denmark, Ethiopia, Finland, New Zealand, Norway, Sweden and Switzerland) and the International Institute for Sustainable Development, will focus on the opportunities that fossil-fuel subsidy reform holds for reducing CO2 emissions, and in particular the role of the UNFCCC in supporting that process. The event will also offer an opportunity to discuss how to maximize emission reductions from fossil-fuel subsidy reform, while at the same time protecting vulnerable households from the impact of higher energy prices.

Speakers: Panelists will include Ministers from member countries of the Friends of Fossil-Fuel Subsidy Reform group and other key countries. Additional speakers from international organizations such as the IEA, as well as a high-level private sector representative and engaging moderator.

For more information, contact Melissa Haydon-Clarke, melissa.haydon-clarke@mfat.govt.nz, +64 4 439 8385; Jessica Thorn, jessica.thorn@mfat.govt.nz, +64 21 577 549; and Damon Vis-Dunbar, International Institute for Sustainable Development, dvis-dunbar@iisd.org, +41 78 818 0501.