g20-scorecard-argentina-ba15c1d69f287ca5.pdf

This fact sheet by the International Institute for Sustainable Development evaluates Argentina's government support for fossil fuels, ranking it second among G20 non-OECD member countries. While the country shows relatively good transparency and low support for fossil fuel use, it provides substantial funding for oil and gas production, primarily through state-owned enterprise (SOE) investments.

• Argentina provided an annual average of USD 36.3 billion in total government support to fossil fuels between 2017 and 2019. This total comprises USD 27 billion in SOE investment, USD 4.3 billion in direct transfers, USD 3.7 billion in induced transfers, USD 1.3 billion in tax expenditure, and USD 40 million in public finance.
• The most significant area of support is oil and gas production, which received USD 29 billion annually on average from 2017 to 2019. The majority of this is delivered via SOE investments of USD 27 billion annually, with YPF S.A. and Integración Energética Argentina (IEASA) making some of the largest such investments per unit of GDP among G20 countries. Additionally, direct transfers and tax expenditures for oil and gas production total USD 2 billion annually, and annual subsidies for the gas sector exceed the royalties the government receives from that sector.
• Other categories of fossil fuel support include USD 3.5 billion for fossil fuel-based power, USD 3.7 billion for fossil fuel use, and USD 133 million for coal exploration, production, processing, and transportation.
• While overall government support for fossil fuels decreased by 17% compared to the 2014–2016 average, SOE investments—primarily in oil and gas production—increased by 9% over the same period.
• The report notes that total support is likely underestimated due to transparency gaps. Specifically, investment figures for the coal SOE Yacimientos Carboníferos Río Turbio were unavailable, subnational SOEs were excluded from the scope, and public finance from Argentinian export credit agencies was omitted due to limited disclosure.

APA

International Institute for Sustainable Development (n.d.). g20-scorecard-argentina-ba15c1d69f287ca5.pdf. https://www.iisd.org/system/files/2020-11/g20-scorecard-argentina.pdf

Chicago

International Institute for Sustainable Development. g20-scorecard-argentina-ba15c1d69f287ca5.pdf. n.d. https://www.iisd.org/system/files/2020-11/g20-scorecard-argentina.pdf.

Wikipedia

{{cite report |author=International Institute for Sustainable Development |title=g20-scorecard-argentina-ba15c1d69f287ca5.pdf |url=https://www.iisd.org/system/files/2020-11/g20-scorecard-argentina.pdf |access-date=17 August 2026 |via=Climate Insights Directory}}

BibTeX

@techreport{internationalinstituteforsustainabledevelopmentndg20scorecardargentinaba15c1d69f287ca5pdf, author = {{International Institute for Sustainable Development}}, title = {{g20-scorecard-argentina-ba15c1d69f287ca5.pdf}}, institution = {International Institute for Sustainable Development}, url = {https://www.iisd.org/system/files/2020-11/g20-scorecard-argentina.pdf}, urldate = {2026-08-17}, note = {Indexed by Climate Insights Directory} }