Italy’s Effort to Phase Out and Rationalise its Fossil-Fuel Subsidies

Italy and Indonesia announced in February 2017 that they would undertake a reciprocal peer review of their fossil-fuel subsidies under the auspices of the G20. With China and the United States setting the precedent for these peer reviews as the first countries to participate in such an undertaking, and Germany and Mexico as the second pair, Indonesia and Italy constitute the third pair of countries to follow suit.

This report is the principal outcome of this peer-review process, reflecting the review team’s in-person discussions with Italian officials, but also deliberations among the review team itself. After summarising the key aspects of Italy’s energy landscape, the report provides a detailed analysis of the measures reported as inefficient fossil fuel subsidies in the Italian Self-Report (ITSR). Finally, the review team provided some guiding principles and suggestions for reforming inefficient fossil fuel subsidies.

More information on the peer review framework can be found here

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