Energy Transition

English

Energy Sustainability

The endorsement of the Paris Agreement at the Chinese G20 was clearly a step forward for energy sustainability in the face of climate change. Still the indications of how it might be achieved is limited in scope.

By Elizabeth Bast, Alex Doukas

Fossil fuel subsidies and finance

G20 governments are spending $444 billion every year to support fossil fuel production. These financial flows are limiting the expansion of renewable energies that could curb global warming and meet a variety of sustainable development goals.

By Elizabeth Bast, Alex Doukas

Green finance and climate finance

The G20 uses the term “Green Finance” as a broad umbrella term that refers to the major shift in financial flows required to support projects that benefit the environment and society by reducing pollution or tackling climate change.

By Motoko Aizawa

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