Fossil Fuel Subsidy Reform BY THE NUMBERS

The document outlines the impact of fossil fuel subsidy reform (FFSR) across 32 countries, projecting a potential reduction of 5.46 billion tonnes of CO2 emissions and government savings of nearly USD 3 trillion by 2030. It highlights that the seven countries with the highest potential for absolute reductions could each cut close to or more than 400 million tonnes of GHG emissions. The analysis suggests that combining FFSR with a 10% fossil energy tax and investing the resulting revenues into energy efficiency and renewable energy could reduce global CO2e emissions by 10.42 billion tonnes by 2030.

• Consumer fossil fuel subsidy reform (FFSR) across 32 analyzed countries could reduce CO2 emissions by 5.46 billion tonnes and save governments nearly USD 3 trillion by 2030, with an average national GHG emission reduction of 6%.
• Seven specific countries—Indonesia, Saudi Arabia, China, India, Russia, Iran, and Egypt—could each achieve nearly or more than 400 million tonnes in GHG emission reductions by 2030 through FFSR; five of these are G20 members.

APA

International Institute for Sustainable Development (n.d.). Fossil Fuel Subsidy Reform BY THE NUMBERS. https://www.iisd.org/system/files/2021-08/ffs-reform-numbers.pdf

Chicago

International Institute for Sustainable Development. Fossil Fuel Subsidy Reform BY THE NUMBERS. n.d. https://www.iisd.org/system/files/2021-08/ffs-reform-numbers.pdf.

Wikipedia

{{cite report |author=International Institute for Sustainable Development |title=Fossil Fuel Subsidy Reform BY THE NUMBERS |url=https://www.iisd.org/system/files/2021-08/ffs-reform-numbers.pdf |access-date=17 August 2026 |via=Climate Insights Directory}}

BibTeX

@techreport{internationalinstituteforsustainabledevelopmentndfossil, author = {{International Institute for Sustainable Development}}, title = {{Fossil Fuel Subsidy Reform BY THE NUMBERS}}, institution = {International Institute for Sustainable Development}, url = {https://www.iisd.org/system/files/2021-08/ffs-reform-numbers.pdf}, urldate = {2026-08-17}, note = {Indexed by Climate Insights Directory} }