G20 Coal Subsidies
Key Messages
- G20 countries have a critical role to play in leading efforts to combat climate change, as they account for 79 per cent of global greenhouse gas emissions. In 2009, they committed to phasing out fossil fuel subsidies in the medium term, and since then many have played an important role in driving forward climate action internationally.
- A decade on from this commitment, G20 governments continue to provide billions of dollars of support for the production and consumption of fossil fuels, spending at least USD 63.9 billion per year on coal alone, the most polluting fossil fuel. They have also neglected to define or document the full extent of their subsidies.