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Options for Taking Forward a Potential Voluntary Standstill Commitment on Inefficient Fossil Fuel Subsidies
This research paper explores options for a voluntary standstill commitment on inefficient fossil fuel subsidies for APEC member economies, as tasked by the APEC Ministers Responsible for Trade. It outlines three potential implementation models—inventory-based, value-based, and hybrid—to prevent the increase of market-distorting subsidies that have negative environmental impacts.
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Document type: Research paper
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