Fossil fuel subsidies, public finance and leveraging investment for sustainable energy via SWAPs

Copenhagen

Event information

Fossil fuel subsidies increase energy consumption and act as a barrier to clean energy technologies. This event will discuss the potential for reform of fossil fuel subsidies and reallocation of a proportion of the savings to fund the transition to clean energy. Examples of subsidy SWAPs can take the form of direct reallocation of funds, for example, removal of subsidies to kerosene for lighting and reallocation to solar technologies. SWAPs have the potential to fund mechanisms that drive private sector renewable energy investment and bring about a clean energy transition. Participants interested in how fossil fuel subsidy reform can accelerate a clean energy transition should attend this event to find out more.

Agenda

• 13:00 Introduction and Welcome – tbc
• 13:05 Peter Wooders – Group Director, Energy International Institute for Sustainable Development:
• 13:20 Lasse Toft – Section Lead, Danish Ministry of Energy Utilities and Climate
• 13:30 Fossil fuel subsidies and sustainable energy in Zambia – Lloyd Chinjenge, Assistant Director, Ministry of Energy, Zambia
• 13:40 Questions and discussion

Event type

Panel discussion

Event location

Ved Stranden 18, 1061 Copenhagen
Room: Vanaheim

Organizer

International Institute for Sustainable Development

Registration

More information and registration here

Contact

Richard Bridle, rbridle@iisd.org

Clean energy technology Energy policy Energy transition Investment Renewables