The Triple Win. Fossil Fuel Subsidy Reform and Fuel Taxation: Opportunities for governments to save money, fund sustainable development, and reduce GHG emissions

This report outlines how combining fossil fuel subsidy reform (FFSR) and increased gasoline and diesel taxation can generate government revenue, lower greenhouse gas emissions, and fund sustainable development goals.

• Global fossil fuel subsidies for consumers and producers are approximately USD 425 billion per year. While consumer subsidies have seen nominal decreases, effective gasoline taxation dropped by 13.3 per cent between 2003 and 2015.
• Implementing a combination of fossil fuel subsidy reform and increased fuel taxation could reduce global carbon dioxide emissions by 23 per cent and generate government revenue equivalent to 2.6 per cent of GDP.
• Fossil fuel subsidy reform has provided significant savings for specific nations; for instance, India and Indonesia each saved approximately USD 15 billion in 2015. Additionally, nearly 70 countries have incorporated fuel taxation or FFSR into their Nationally Determined Contributions.
• The report connects fossil fuel taxation and subsidy reform to the Paris Agreement and specific Sustainable Development Goals (SDGs), including Goal 7 (sustainable energy), Goal 12 (sustainable production and consumption), and Goal 17 (financing and means of implementation).

APA

Morgan-Jones,, L. M. M. (2018). The Triple Win. Fossil Fuel Subsidy Reform and Fuel Taxation: Opportunities for governments to save money, fund sustainable development, and reduce GHG emissions. International Institute for Sustainable Development. https://www.iisd.org/publications/report/triple-win-fossil-fuel-subsidy-reform-and-fuel-taxation-opportunities

Chicago

Morgan-Jones,, Laura Merrill,Laura Merrill,Myfanwy. The Triple Win. Fossil Fuel Subsidy Reform and Fuel Taxation: Opportunities for governments to save money, fund sustainable development, and reduce GHG emissions. International Institute for Sustainable Development, 2018. https://www.iisd.org/publications/report/triple-win-fossil-fuel-subsidy-reform-and-fuel-taxation-opportunities.

Wikipedia

{{cite report |last1=Morgan-Jones, |first1=Laura Merrill,Laura Merrill,Myfanwy |title=The Triple Win. Fossil Fuel Subsidy Reform and Fuel Taxation: Opportunities for governments to save money, fund sustainable development, and reduce GHG emissions |publisher=International Institute for Sustainable Development |date=21 January 2018 |url=https://www.iisd.org/publications/report/triple-win-fossil-fuel-subsidy-reform-and-fuel-taxation-opportunities |access-date=17 August 2026 |via=Climate Insights Directory}}

BibTeX

@techreport{morganjones2018triple, author = {Morgan-Jones,, Laura Merrill,Laura Merrill,Myfanwy}, title = {{The Triple Win. Fossil Fuel Subsidy Reform and Fuel Taxation: Opportunities for governments to save money, fund sustainable development, and reduce GHG emissions}}, institution = {International Institute for Sustainable Development}, year = {2018}, month = jan, url = {https://www.iisd.org/publications/report/triple-win-fossil-fuel-subsidy-reform-and-fuel-taxation-opportunities}, urldate = {2026-08-17}, note = {Indexed by Climate Insights Directory} }