G20 Scorecard of Fossil Fuel Funding

The United Kingdom ranks last among G20 OECD member countries in the G20 Scorecard of Fossil Fuel Funding, with an overall score of 48/100. While overall support decreased by 21% compared to 20142016, the U.K. saw a 96% increase in public finance for fossil fuels and an 86% increase in support for coal production. The U.K. provides USD 9.2 billion annually in support for fossil fuel consumers through foregone tax revenue and has faced criticism for a lack of transparency regarding its export credit agency, UKEF, and its denial of providing fossil fuel subsidies under its own definitions.

• The United Kingdom ranks 11th out of 11 G20 OECD member countries with an overall score of 48/100, characterized by a lack of transparency and significant support for fossil fuel consumers via USD 9.2 billion in annual foregone tax revenue.
• Public financial support for fossil fuels in the U.K. increased by 96% relative to the 20142016 average. U.K. Export Finance (UKEF) provided 97% of its energy support to fossil fuels between 2010 and 2017, including USD 2.6 billion in the 20182019 fiscal year and USD 970 million in 20192020.
• Despite a commitment to phase out coal by 2025, the U.K. increased support for coal production by 86% relative to 20142016 (to USD 2.1 million annually) and increased support for fossil fuel-based power by 403% (to USD 635 million annually).
• The U.K. government's USD 35 billion road-building and repair program, confirmed as part of COVID-19 support, may offset emissions savings that would have been achieved through electric and low-emission vehicles.
• The U.K. is described as lacking transparency, as it denies providing fossil fuel subsidies under its own definition, provides little transparency regarding UKEF projects, and has not committed to a G20 OECD peer review.

APA

Picciariello, A. (2020). G20 Scorecard of Fossil Fuel Funding. International Institute for Sustainable Development. https://www.iisd.org/system/files/2020-11/g20-scorecard-united-kingdom.pdf

Chicago

Picciariello, Angela. G20 Scorecard of Fossil Fuel Funding. International Institute for Sustainable Development, 2020. https://www.iisd.org/system/files/2020-11/g20-scorecard-united-kingdom.pdf.

Wikipedia

{{cite report |last1=Picciariello |first1=Angela |title=G20 Scorecard of Fossil Fuel Funding |publisher=International Institute for Sustainable Development |date=2020 |url=https://www.iisd.org/system/files/2020-11/g20-scorecard-united-kingdom.pdf |access-date=23 October 2026 |via=Climate Insights Directory}}

BibTeX

@techreport{picciariello2020g20, author = {Picciariello, Angela}, title = {{G20 Scorecard of Fossil Fuel Funding}}, institution = {International Institute for Sustainable Development}, year = {2020}, url = {https://www.iisd.org/system/files/2020-11/g20-scorecard-united-kingdom.pdf}, urldate = {2026-10-23}, note = {Indexed by Climate Insights Directory} }