A G20 Pathway Towards Oil and Gas Phase Out

The policy brief asserts that G20 nations, responsible for three-quarters of global greenhouse gas emissions, have stalled progress on phasing out oil and gas due to continued subsidies and economic dependence. It identifies South Africa's 2025 G20 presidency as a critical opportunity to champion subsidy reform and affordable finance for the Global South. The author proposes a framework for progress including clear phase-out targets, the redirection of fossil fuel subsidies toward renewables, and the establishment of a shared definition of a just transition.

• G20 nations are responsible for 75% of global greenhouse gas emissions, yet progress in phasing out oil and gas is hindered by the continued use of subsidies and public finance that lock economies into fossil fuel dependence.
• South Africa's 2025 G20 presidency provides a strategic opportunity to bridge the gap between developed and developing nations by advocating for renewables-led transitions, subsidy reform, and financing for the Global South.
• To achieve a successful transition, the G20 must implement specific measures: setting clear oil and gas phase-out targets, redirecting subsidies to renewable energy and social protection, scaling up local renewable industries, providing affordable finance for emerging economies, and agreeing on a shared definition of a just transition.

APA

iej_admin (2025). A G20 Pathway Towards Oil and Gas Phase Out. Institute for Economic Justice. https://iej.org.za/resource/policy-brief/a-g20-pathway-towards-oil-and-gas-phase-out/

Chicago

iej_admin. A G20 Pathway Towards Oil and Gas Phase Out. Institute for Economic Justice, 2025. https://iej.org.za/resource/policy-brief/a-g20-pathway-towards-oil-and-gas-phase-out/.

Wikipedia

{{cite report |last1=iej_admin |title=A G20 Pathway Towards Oil and Gas Phase Out |publisher=Institute for Economic Justice |date=9 September 2025 |url=https://iej.org.za/resource/policy-brief/a-g20-pathway-towards-oil-and-gas-phase-out/ |access-date=17 August 2026 |via=Climate Insights Directory}}

BibTeX

@techreport{iejadmin2025g20, author = {iej\_admin}, title = {{A G20 Pathway Towards Oil and Gas Phase Out}}, institution = {Institute for Economic Justice}, year = {2025}, month = sep, url = {https://iej.org.za/resource/policy-brief/a-g20-pathway-towards-oil-and-gas-phase-out/}, urldate = {2026-08-17}, note = {Indexed by Climate Insights Directory} }