Following the Money: Fossil fuel subsidy reform en route from Durban to Rio+20
The paper summarizes the key messages of the high-level discussion "The Missing Piece? Fossil fuel subsidy reform and climate change," an official side event of UNFCCC COP17 in Durban.
The event was organized by Friends of Fossil Fuel Subsidy Reform and IISD's Global Subsidies Initiative on December 7, 2011 and brought together responsible ministers and other high-level government representatives from Costa Rica, Denmark, Ethiopia, New Zealand, Norway, Sweden and Switzerland as well as energy subsidy experts from all over the world. The discussion focused on the current state and future possible pathways of global fossil fuel subsidy reform, including opportunities for integrating the reform with national and international climate change-related policies.