Sentences with phrase «phase out fossil fuel subsidies»

«By 2030 phase out fossil fuel subsidies that encourage wasteful consumption.»

New Zealand claim a top spot for rather hilariously, or not, urging countries to phase out fossil fuel subsidies while shelling out big bucks to prop up fossil fuel production to the tune of $ 80 million.

An unprecedented coalition of 36 governments, hundreds of businesses and influential international organisations has called today for accelerated action to phase out fossil fuel subsidies

«It also provided cover to some other G20 members — such as the Saudis and Russia — to weaken some climate sections of the document, including the pledge to phase out fossil fuel subsidies.»

IISD along with 37 other groups wrote to the Government of Canada to press upon» «the importance of fulfilling its commitments to the G7 and G20 to reform and phase out fossil fuel subsidies in Canada over the medium term.»

-- Put a sufficiently high price on carbon and deliver the G - 20 commitment to phase out fossil fuel subsidies, using these funds to contribute to the several hundred billion US dollars per year needed to scale up investments in renewable energy.

Later this week, I will work with my colleagues at the G - 20 to phase out fossil fuel subsidies so that we can better address our climate challenge.

An unprecedented coalition of close to 40 governments, hundreds of businesses and influential international organisations has called today for accelerated action to phase out fossil fuel subsidies, a move that would help bridge the gap to keep global temperature rise below 2 °C.

In September 2016, the G20 countries re-affirmed their 2009 commitment (at the G20 Leaders» Summit) to phase out fossil fuel subsidies and many national governments are using today's low oil prices as an opportunity to do so.

But by putting the targets into law and mandating a set of regulations — including requiring 35 percent of the country's electricity to come from clean sources by 2024; establishing a voluntary carbon market; developing incentives to promote renewable energy; phasing out fossil fuel subsidies; and forcing companies in the largest carbon polluting sectors to report their emissions — they said the results could be groundbreaking.

(10/05/2011) In 2009, G20 nations committed to phasing out fossil fuel subsidies over the medium term, yet are further away today than they were two years ago from keeping the pledge.

Most developed countries supported a text calling for a transition to a green economy that included phasing out fossil fuel subsidies, the use and production of renewable energies, and creating «green» jobs in this new economic model.

The next step is obviously to move from commitment to action, by raising the level of ambition of the Paris pledges, phasing out fossil fuel subsidies by 2020 and providing support to those most vulnerable to climate change impacts.»

These include indisputably necessary strategies such as halting the conversion of native habitats into farmland; restoring and rewilding ecologies; phasing out fossil fuel subsidies; and promoting dietary shifts toward plant - based foods.

Major global insurance companies are urging G20 leaders to commit to a specific timeline for rapidly phasing out fossil fuel subsidies — something they've repeatedly failed to do over the years despite numerous promises to end support for the industry.

It calls for policy measures, including fiscal, financial and economic incentives, phasing out fossil fuel subsidies, and pricing carbon.

The Paris conference is unable even to begin talking about an agreement to start phasing out fossil fuel subsidies.

Phasing out these fossil fuel subsidies it would save 750 million tonnes of CO2 every year by 2015, up to 2.6 gigatonnes by 2035, Birol said.

That's why we asked President Obama to come and lend his weight to a number of important outcomes - from phasing out fossil fuel subsidies to mobilizing $ 500 million to support clean energy access, to increasing support for reproductive health and contraceptive access (not to mention a host of others).

To recap, Rio has the potential to engage the world's youth to help push for meaningful progress on phasing out fossil fuel subsidies, delivering universal clean energy access, and promoting women's rights and slowing global population.

Not exact matches

We will fulfill Canada's G - 20 commitment to phase out subsidies for the fossil fuel industry.

They support the phasing out of fossil fuel subsidies in the «medium term» and pledge a huge boost to renewable energy, including through a new $ 2 billion «Low Carbon Economy Trust» to fund clean energy projects.

On the very night that current President Dilma Rousseff gave the closing speech of the Rio +20 conference in June — the final agreement of which promised to phase out fossil - fuel subsidies — the government said it would be reducing a federal fuel tax to zero.

Global energy - related emissions could peak by 2020 if energy efficiency is improved; the construction of inefficient coal plants is banned; investment in renewables is increased to $ 400 billion in 2030 from $ 270 billion in 2014; methane emissions are cut in oil and gas production and fossil fuel subsidies are phased out by 2030.

Last week, the G7 leaders pledged to eliminate «inefficient fossil fuel subsidies» but talks on phasing out a form of coal subsidy ended in stalemate.

The Communiqué calls on the international community to increase efforts to phase out perverse subsidies to fossil fuels by promoting policy transparency, ambitious reform and targeted support for the poorest.

We could start by phasing out all subsidies for the production of fossil fuels and ethanol.

-- Implementing a partial phase - out of fossil fuel consumption subsidies accounts for 12 % of the reduction in emissions and supports efficiency efforts.

In addition to the work in the World Energy Outlook, the IEA has provided input to the G - 20 and APEC since 2009, when G20 leaders took a major step toward reforming energy subsidies and committed to «rationalize and phase out over the medium term inefficient fossil fuel subsidies that encourage wasteful consumption», the IEA has provided input to the G - 20 and APEC in support of their commitments.

Together, they committed to «rationalize and phase out over the medium term inefficient fossil fuel subsidies that encourage wasteful consumption».

Since 2009, the IEA has actively contributed to all energy work streams of the G20 — a group that accounts for 85 % of the global economy and 75 % of global energy demand — covering topics ranging from energy security and market transparency, to energy efficiency and the phase out of fossil fuel subsidies.

The current text therefore reiterates the existing commitment, adding that «we will endeavour to make further progress in moving forward this commitment», encouraging all G20 members to initiate a voluntary peer review as soon as feasible, and noting the OECD / IEA progress report on the peer review process and facilitation of inefficient fossil fuel subsidies phase out.

Morris also suggests an additional target: Phase out implicit fossil fuel subsidies by imposing energy taxes that reflect external costs, which has benefits 8 times their costs.

Governments spend about $ 300 billion a year on subsidies, and leaders said they'd like to «phase out and rationalize over the medium term inefficient fossil fuel subsidies,» in a statement released after the summit was over.

Canada has a critical role in supporting the Argentine G20 Presidency to deliver strong outcomes on climate, including progress on the phase - out of fossil fuel subsidies.

The G20 fossil fuel subsidy review, pioneered in 2016 by US and China, is currently the only concrete step to make progress on the group's pledge from the 2009 summit in Pittsburgh to phase - out «inefficient fossil fuel subsidies that increase wasteful consumption».

The most the G20 gathering could manage this time around on the climate front was a solemn nodding of the heads when Obama suggested that it would be a great idea if they phased out subsidies for fossil fuels.

The international community has committed to phase out subsidies for fossil fuel use, including in the electricity sector.

In 3 legislative files currently negotiated in Brussels the European Parliament progressed on financing matters: reporting on Fossil Fuel Subsidies phase - out; the linking the EU budget comes to national climate ambitions; a climate impact assessment tool for EU investments; and a 40 % climate earmarking target for the Juncker Investment Plan.

The statement, signed by Aviva, Aegon NV, and MS Amlin, calls for governments to set «a clear timeline for the full and equitable phase - out by all G20 members of all fossil fuel subsidies by 2020.»

At the G20 summit in Hangzhou on September 4 and 5, 2016, the United States pressed the leaders of major global economies to outline specific plans to phase out most fossil fuel subsidies.

Nicolas Derobert Communications Coordinator Focus: fossil fuel subsidies, coal phase out nicolas / at / caneurope.org Work: [phone] Mobile: [phone]

G7 leaders — major MDB shareholders — have committed to phase out inefficient fossil fuel subsidies by 2025 (G7 2016).

Regarding the National Energy and Climate Plans (NECPs), the European Parliament set for a binding template for the NECPs and added into the template many important details, e.g. on phase out of fossil fuel subsidies, Member State's national trajectories for maintaining and enhancing the carbon removals from sinks as well as trajectories and objectives for energy from renewable sources produced by cities, energy communities and self - consumers.

«Phasing out current subsidies for wind, solar, ethanol, and fossil fuels» could be meritorious on its own, but how much does this generate, and does it even pass a political laugh - test?

Along with representatives from the Environmental Defence Fund and the Prince of Wales» Corporate Leaders Group, Agency experts detailed how increased energy efficiency, phasing out least - efficient coal - fired power plants, investing more in renewables, ending fossil - fuel subsidies and cutting methane emissions can limit global warming to 2 degrees Celsius.

Environmentalists, meanwhile, have been urging the G20's members to commit themselves to phasing out subsidies for fossil fuels by the year 2020.

Dr Birol also held meetings at the Ministry of Foreign Affairs and Trade, the Ministry of Environment and with New Zealand's Climate Change Ambassador, where the IEA and New Zealand agreed on the need to support global policy advice and quantitative analysis for the phase out of fossil fuel subsidies and the energy transition, both through bilateral collaboration and multilateral fora, such as APEC, the WTO and the G20.

Improving energy efficiency across the economy could strengthen energy security by decreasing the country's reliance on fossil - fuel imports, reduce pressure on public budgets that have historically shouldered billions of euros a year in energy subsidies (although some energy subsidies are now being phased out), reduce costs to consumers and improve the comfort and health of its residents.

In November 2015, the leaders of Asia - Pacific Economic Co-operation (APEC) economies, reaffirmed their landmark 2009 commitment to «rationalize and phase out over the medium term inefficient fossil fuel subsidies that encourage wasteful consumption while recognizing the importance of providing those in need with essential energy services».