Making the Switch: From fossil fuel subsidies to sustainable energy

The report estimates global fossil fuel subsidies at USD 425 billion and argues that removing consumer subsidies could reduce global carbon emissions by 6 to 8 per cent by 2050. It introduces the "SWAP" framework to transition these funds into sustainable energy and social safety nets, providing specific outlines for Bangladesh, Indonesia, Morocco, and Zambia.

• Global fossil fuel subsidies are estimated to be approximately USD 425 billion, which the report identifies as lost opportunities for investment in sustainable development, energy efficiency, and renewable energy.
• The removal of consumer subsidies is projected to reduce global carbon emissions by 6 to 8 per cent by 2050, a result that can be enhanced by implementing a "SWAP" toward sustainable energy.
• The report proposes the "SWAP" concept, which involves redirecting savings from fossil fuel subsidy reforms into energy efficiency, sustainable energy, and safety nets, and offers potential outlines for this approach in Zambia, Morocco, Indonesia, and Bangladesh.

APA

Tommila,, L. M. B. G. T. G.-L. L. S. G. S. ,. K. (2017). Making the Switch: From fossil fuel subsidies to sustainable energy. International Institute for Sustainable Development. https://www.iisd.org/publications/report/making-switch-fossil-fuel-subsidies-sustainable-energy

Chicago

Tommila,, Laura Merrill,Richard Bridle,Ivetta Gerasimchuk,Yanick Touchette,Frédéric Gagnon-Lebrun,Lucky Lontoh,Shruti Sharma,Philip Gass,Lourdes Sanchez ,Markus Klimscheffskij,Paula. Making the Switch: From fossil fuel subsidies to sustainable energy. International Institute for Sustainable Development, 2017. https://www.iisd.org/publications/report/making-switch-fossil-fuel-subsidies-sustainable-energy.

Wikipedia

{{cite report |last1=Tommila, |first1=Laura Merrill,Richard Bridle,Ivetta Gerasimchuk,Yanick Touchette,Frédéric Gagnon-Lebrun,Lucky Lontoh,Shruti Sharma,Philip Gass,Lourdes Sanchez ,Markus Klimscheffskij,Paula |title=Making the Switch: From fossil fuel subsidies to sustainable energy |publisher=International Institute for Sustainable Development |date=11 May 2017 |url=https://www.iisd.org/publications/report/making-switch-fossil-fuel-subsidies-sustainable-energy |access-date=17 August 2026 |via=Climate Insights Directory}}

BibTeX

@techreport{tommila2017making, author = {Tommila,, Laura Merrill,Richard Bridle,Ivetta Gerasimchuk,Yanick Touchette,Frédéric Gagnon-Lebrun,Lucky Lontoh,Shruti Sharma,Philip Gass,Lourdes Sanchez ,Markus Klimscheffskij,Paula}, title = {{Making the Switch: From fossil fuel subsidies to sustainable energy}}, institution = {International Institute for Sustainable Development}, year = {2017}, month = may, url = {https://www.iisd.org/publications/report/making-switch-fossil-fuel-subsidies-sustainable-energy}, urldate = {2026-08-17}, note = {Indexed by Climate Insights Directory} }