Strategies for Reforming Fossil-Fuel Subsidies: Practical lessons from Ghana, France and Senegal
This paper analyzes the experiences of countries that have undertaken reform of their fossil-fuel subsidies and establishes what lessons can be learned. It focuses in particular on France, Ghana and Senegal, as well as drawing from case studies of other countries and previous work that examines the reform of energy subsidies and price subsidies. The paper finds there is no single formula for success, but six important strategies are identified:
2. Establishment of reform objectives and parameters: clearly articulate objectives to help focus the reform strategy.
3. Construction of a coherent reform policy: ideally designed with support from a broad range of stakeholders.
4. Implementation: reform is not easy and may require several attempts.
5. Monitoring, evaluation and adjustment: policies can be adapted in light of new information, requiring a continual assessment of the underlying policy objectives.
6. Forward movement: successful reform requires the prevention of backsliding.
Papers in this series:
- Untold Billions: Fossil-fuel subsidies, their impacts and the path to reform: A Summary of Key Findings
- Effects of Fossil-Fuel Subsidy Reform: A review of modelling and empirical studies
- The Politics of Fossil-Fuel Subsidies
- Strategies for Reforming Fossil-Fuel Subsidies: Practical lessons from Ghana, France and Senegal
- Gaining Traction: The importance of transparency in accelerating the reform of fossil-fuel subsidies
- Mapping the Characteristics of Producer Subsidies: A review of pilot country studies
For information about the GSI's other reports on fossil-fuel subsidies, click here.
You might also be interested in
TEST Green Public Procurement in India
This report analyzes the status of green public procurement (GPP) in India and suggests key strategies for advancing sustainable procurement practices.
Leveraging Digital Infrastructure for Mining Community Resilience
This report explores the socio-economic impacts and potential of new technologies in the mining sector.
Unlocking Supply Chains for Localizing Electric Vehicle Battery Production in India
This study aims to highlight the key supply chain barriers in localizing electric vehicle (EV) battery cell manufacturing in India. It summarizes consultations with 12 companies, as well as experts and policy-makers, to determine the crucial challenges and opportunities in localizing battery manufacturing in India.
Addressing Liquidity Challenges: A conceptual framework
A conceptual framework for addressing liquidity challenges in sovereign debt.