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Options for International Agreements on Fossil Fuel Subsidies
The report provides a comprehensive framework for negotiating international agreements on fossil fuel subsidies (FFS), detailing six key building blocks: objectives, scope, disciplines, carve-outs/exceptions, special and differential treatment (SDT), and enforcement. It analyzes various legal approaches, including those based on the WTO's Agreement on Subsidies and Countervailing Measures (SCM) and the Agreement on Agriculture (AoA), and highlights the Agreement on Climate Change, Trade and Sustainability (ACCTS) as a primary precedent for specific FFS disciplines.
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Document type: Report
Options for Taking Forward a Potential Voluntary Standstill Commitment on Inefficient Fossil Fuel Subsidies
The study examines potential mechanisms for a voluntary standstill on inefficient fossil fuel subsidies within APEC, proposing inventory-based, value-based, or hybrid approaches to ensure subsidies do not increase and to complement existing reform efforts.
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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: Research paper