Letter from the Green Economy Coalition to G-20 Ministers of Finance
Summary
The Green Economy Coalition argues that fossil-fuel subsidies drive climate change and obstruct sustainable development by distorting the cost of low-carbon energy. While welcoming the G-20's September agreement in Pittsburgh to phase out these subsidies over the medium term, the Coalition calls for greater urgency and specific measures to protect the welfare of the poorest during the reform process.
Key insights
- Fossil-fuel subsidies cost hundreds of billions of dollars annually and act as artificial barriers to sustainable development by misrepresenting the relative costs of low-carbon energy alternatives, thereby accelerating irreversible climate change.
- The Green Economy Coalition supports the G-20 leaders' September agreement in Pittsburgh to phase out fossil-fuel subsidies over the medium term, but demands faster implementation and safeguards for the poorest people.
Cite the original document
- APA
- Willums,, M. H. E. R. K. P. L. M. M.-L. M. T.-O. (2009). Letter from the Green Economy Coalition to G-20 Ministers of Finance. International Institute for Sustainable Development. https://www.iisd.org/publications/report/letter-green-economy-coalition-g-20-ministers-finance
- Chicago
- Willums,, Mark Halle,Ola Engelmark,Andreas R. Kraemer,James P. Leape,Joost Martens,Julia Marton-Lefèvre,Alastair McIntosh,Camilla Toulmin,Jan-Olaf. Letter from the Green Economy Coalition to G-20 Ministers of Finance. International Institute for Sustainable Development, 2009. https://www.iisd.org/publications/report/letter-green-economy-coalition-g-20-ministers-finance.
- Wikipedia
- {{cite press release |last1=Willums, |first1=Mark Halle,Ola Engelmark,Andreas R. Kraemer,James P. Leape,Joost Martens,Julia Marton-Lefèvre,Alastair McIntosh,Camilla Toulmin,Jan-Olaf |title=Letter from the Green Economy Coalition to G-20 Ministers of Finance |publisher=International Institute for Sustainable Development |date=25 November 2009 |url=https://www.iisd.org/publications/report/letter-green-economy-coalition-g-20-ministers-finance |access-date=17 August 2026 |via=Climate Insights Directory}}
- BibTeX
- @misc{willums2009letter, author = {Willums,, Mark Halle,Ola Engelmark,Andreas R. Kraemer,James P. Leape,Joost Martens,Julia Marton-Lefèvre,Alastair McIntosh,Camilla Toulmin,Jan-Olaf}, title = {{Letter from the Green Economy Coalition to G-20 Ministers of Finance}}, publisher = {International Institute for Sustainable Development}, year = {2009}, month = nov, url = {https://www.iisd.org/publications/report/letter-green-economy-coalition-g-20-ministers-finance}, urldate = {2026-08-17}, note = {Indexed by Climate Insights Directory} }
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