Project News Details
Title
Developed countries spent more on fossil fuel subsidies in 2023 than new climate finance package
Detail
An analysis by the International Institute for Sustainable Development (IISD) showed that government support for fossil fuels reached at least USD 1.5 trillion in 2023, the second-highest annual total on record, after 2022 when the Russia-Ukraine war triggered a global fossil fuel price crisis.
Country
India
Source
ET Energy World
Regions
Asia SAARC Countries South Asia
Sectors
Non-Renewable Energy Construction Energy-Power and Electrical Computer Hardwares and Consumables Marine
Published Date
19.12.2024
Original Url
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