A first-of-its-kind report of all energy support measures available in Indonesia, including coal, oil and gas, electricity, renewable energy, biofuels, and electric vehicles.
The study supports the exploration of options for a voluntary standstill on inefficient fossil fuel subsidies for the APEC Committee on Trade and Investment.
Modelling the results of 32 countries shows that fossil fuel subsidy reform saves countries 6% of emissions on average while generating significant subsidy savings as co-benefits.
This report lays out concrete options for governments to achieve net-zero and sustainable development goals by using recovery spending to support the transition to clean energy and a resilient, fossil-free economy.