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Fanning the Flames: G20 provides record financial support for fossil fuels
The report details the data sources and estimation techniques used to track G20 financial support for fossil fuels, including subsidies, state-owned enterprise (SOE) investments, and international public finance. It highlights significant data gaps and transparency issues, particularly regarding subnational support and Chinese SOE reporting, and explains the methods used to approximate 2022 subsidy levels during the energy crisis.
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Document type: Report
Burning Billions: Record public money for fossil fuels impeding climate action
The document outlines the methodology for a briefing on public money for fossil fuels, detailing how the authors tracked subsidies, state-owned enterprise (SOE) investments, and international public finance. It specifies the use of IMF and IEA data for 2022 subsidies and explains the 50% government ownership rule for SOE analysis. The note also highlights significant data gaps, particularly regarding subnational support and transparency in Chinese SOE reporting, suggesting that total government support for fossil fuels is likely underestimated.
AI-generated
This summary is written by a language model reading the source document. It is not the publisher's words and is not a substitute for the original.
Document type: Briefing