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October 9, 2024
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Report: G20 Fossil Fuel Subsidies Hit Record $1.4T in 2022
Canada is First to Deliver on Guidelines for Phasing out Subsidies
Fossil fuel subsidies by beneficiary type in G20 countries, 2010 to 2022 (estimate)
Fossil fuel subsidies by beneficiary type in G20 countries, 2010 to 2022 (estimate) | IISD
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Global investments in renewables are more concentrated not only in developed countries but also in developed technologies. Solar PV and onshore and offshore wind are accounting for almost 97% of investments.
Carbon CaptureFossil FuelsHydrogenOffshore Wind PowerOnshore Wind PowerSolar Power