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Headline data

Source: IEA fossil fuel subsidies database, OECD. Stat - Inventory of Support Measures for Fossil Fuels and IMF Energy Subsidies Template (pre - tax calculations)

This table provides information on metadata for SDG indicators as defined by the UN Statistical Commission. Complete global metadata is provided by the UN Statistics Division.

Indicator name

Amount of fossil-fuel subsidies per unit of GDP (production and consumption) and as a proportion of total national expenditure on fossil fuels

Indicator number

12.c.1

Target name

Rationalize inefficient fossil-fuel subsidies that encourage wasteful consumption by removing market distortions, in accordance with national circumstances, including by restructuring taxation and phasing out those harmful subsidies, where they exist, to reflect their environmental impacts, taking fully into account the specific needs and conditions of developing countries and minimizing the possible adverse impacts on their development in a manner that protects the poor and the affected communities

Target number

12.c

Global indicator description

In order to measure fossil fuel subsidies at the national, regional, and global level, three sub - indicators are recommended for reporting on this indicator, (1) direct transfer of government funds, (2) induced transfers (price support), and as an optional sub - indicator (3) tax expenditure, other revenue foregone, and underpricing of goods and services. The definitions of the IEA Statistical Manual (IEA, 2005) and the Agreement on Subsidies and Countervailing Measures (ASCM) under the World Trade Organization (WTO) (WTO, 1994) are used to define fossil fuel subsidies. Standardized descriptions from the United Nations Statistical Offices Central Product Classification should be used to classify individual energy products

UN designated tier

1

UN custodian agency

UNEP

Link to UN metadata United Nations Sustainable Development Goals Metadata (pdf 782kB) opens in a new window
Organisation

IEA fossil fuel subsidies database, OECD. Stat - Inventory of Support Measures for Fossil Fuels and IMF Energy Subsidies Template (pre - tax calculations)

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