Reforming Fossil Fuel Subsidies for an Inclusive Green Economy - 28 and 29 April 2014 in Nairobi, Kenya

UNEP, in partnership with the IMF, GIZ and the Global Subsidies Initiative, is organizing a technical workshop on “Reforming Fossil Fuel Subsidies for an Inclusive Green Economy”. The workshop is scheduled to take place on 28-29 April 2014 at UNEP headquarters in Nairobi.

The purpose of this workshop is to provide a better understanding of the policies that support the production and use of fossil fuels, share countries’ experiences with subsidy reform, and identify remaining knowledge gaps in terms of data, methodology and policy guidance.

The removal of inefficient and environmentally harmful subsidies is one of the most promising avenues to promote investments for a green economy transition. In particular, energy subsidy reforms -- removing both direct subsidies and implicit subsidies from the failure to charge for environmental damages -- could generate significant revenues for fiscal consolidation, lowering other burdensome taxes, or funding desirable spending.  At the same time, these reforms discourage excessive energy consumption and mobilize clean energy investments.

Leaders around the world have already made commitments to energy subsidy reforms.  In 2009, G20 leaders agreed to phase out inefficient fossil-fuel subsidies in the medium term and leaders of the Asia-Pacific Economic Cooperation (APEC) have made similar commitments.

This workshop builds on the recommendations put forward at the first workshop on fiscal policies held in October 2012. 

Approximately 80 participants are expected to attend, including representatives from ministries of finance, energy and the environment from 40 countries, mostly in Africa. Country case studies will be presented  to highlight the opportunities and challenges facing governments; and, break-out sessions will be held to promote active participation.

Sessions Include:

- Session 1: Assessing Fossil Fuel Subsidies: Assessing fiscal space for green economy through fossil fuel subsidy reforms: model based simulation results.

- Session 2: Overcoming Obstacles to Policy Reform

- Session 3: Country experiences and lessons learned

    3a. General Energy Subsidy Reforms
    3b. Sector-Specific Reforms: Petroleum and Electricity

Background documents:

Agenda and Speaker Bios

Subsidy Reform Agenda - UNEP-IMF-GIZ-GSI WorkshopFinalAgenda.pdf

Presentations

Session 1: Assessing Fossil Fuel Subsidies

Session 2: Overcoming Obstacles to Policy Reform 

Session 3: Country experiences and lessons learned

3a. General Energy Subsidy Reforms
3b. Sector-Specific Reforms: Petroleum and Electricity

This workshop is made possible thanks to the generous support of the European Commission and GIZ.

For more information, and to enquire about registration, please contact Ms. Dambudzo Muzenda (dambudzo.muzenda@unep.org) and Ms. Rahila Somra (rahila.somra@unep.org).

 

Further Resources