Reforming Fossil Fuel Subsidies through the Trade System

Fossil fuel subsidy reform is recognised as a vital component of the transition to a sustainable future. A group of 12 countries issued a Ministerial Declaration on Fossil Fuel Subsidy Reform (WT/MIN(17)/54) on the occasion of the WTO’s Eleventh Ministerial Conference in Buenos Aires in December 2017. Drawing on the knowledge and policy options generated by ICTSD and partners over recent years, this policy brief Reforming Fossil Fuel Subsidies through the Trade System is intended to support WTO members in building on this declaration.