Civil society statement on energy access and public financing of fossil fuels
Policy comments | 6 May 2010
The statement, signed by 48 civil society organisations calls on international financial institutions to stop using public resources to subsidize the fossil fuel industry. These subsidies fuel overconsumption in wealthy countries, benefit an already highly profitable and well-established industry, and exacerbate many of the most urgent problems facing humanity today, not the least of which is climate change.
Theme: Energy & climate | Social & economic impacts
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We expose the risks of international public finance and bring critical updates from the ground. We believe that the billions of public money should work for people and the environment.