G7 Fossil Fuel Subsidy Scorecard: Tracking the phase-out of fiscal support and public finance for oil, gas and coal
Summary
The G7 Fossil Fuel Subsidy Scorecard reveals that G7 governments continue to provide substantial financial support to fossil fuels despite commitments to phase them out by 2025. Analysis shows that in 2015 and 2016, G7 nations provided at least USD 100 billion annually in subsidies and public finance, failing to implement mechanisms to document the full extent of this support or ensure accountability.
Key insights
- G7 governments provide at least USD 100 billion in subsidies and public finance for the production and use of coal, oil, and gas, which may obstruct the energy transition.
- Between 2015 and 2016, G7 governments provided an annual average of at least USD 81 billion in fiscal support and USD 20 billion in public finance for fossil fuel production and consumption both domestically and internationally.
- Despite commitments made since 2009 and a 2025 phase-out deadline, G7 governments have taken limited action and lack mechanisms to define, document, or be held accountable for their support of oil, gas, and coal.
Cite the original document
- APA
- Worrall,, I. G. W. C. D. G. (2018). G7 Fossil Fuel Subsidy Scorecard: Tracking the phase-out of fiscal support and public finance for oil, gas and coal. International Institute for Sustainable Development. https://www.iisd.org/publications/brief/g7-fossil-fuel-subsidy-scorecard-tracking-phase-out-fiscal-support-and-public
- Chicago
- Worrall,, Ivetta Gerasimchuk,Shelagh Whitley,Han Chen,Alex Doukas,Ipek Gencsu,Leah. G7 Fossil Fuel Subsidy Scorecard: Tracking the phase-out of fiscal support and public finance for oil, gas and coal. International Institute for Sustainable Development, 2018. https://www.iisd.org/publications/brief/g7-fossil-fuel-subsidy-scorecard-tracking-phase-out-fiscal-support-and-public.
- Wikipedia
- {{cite report |last1=Worrall, |first1=Ivetta Gerasimchuk,Shelagh Whitley,Han Chen,Alex Doukas,Ipek Gencsu,Leah |title=G7 Fossil Fuel Subsidy Scorecard: Tracking the phase-out of fiscal support and public finance for oil, gas and coal |publisher=International Institute for Sustainable Development |date=4 June 2018 |url=https://www.iisd.org/publications/brief/g7-fossil-fuel-subsidy-scorecard-tracking-phase-out-fiscal-support-and-public |access-date=17 August 2026 |via=Climate Insights Directory}}
- BibTeX
- @techreport{worrall2018fossil, author = {Worrall,, Ivetta Gerasimchuk,Shelagh Whitley,Han Chen,Alex Doukas,Ipek Gencsu,Leah}, title = {{G7 Fossil Fuel Subsidy Scorecard: Tracking the phase-out of fiscal support and public finance for oil, gas and coal}}, institution = {International Institute for Sustainable Development}, year = {2018}, month = jun, url = {https://www.iisd.org/publications/brief/g7-fossil-fuel-subsidy-scorecard-tracking-phase-out-fiscal-support-and-public}, urldate = {2026-08-17}, note = {Indexed by Climate Insights Directory} }
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