General Resources on Coal Subsidies and Public Finance
- OECD’s “Inventory of Estimated Budgetary Support and Tax Expenditures for Fossil Fuels” – provides a summary of each of the 34 OECD countries’ budgetary and tax-related measures at the central-government level and for selected sub-national units of government. It includes an online database of quantitative estimates for a subset of producer and consumer subsidies for each country;
- IEA’s Coal Information report – provides coal data for 39 countries, including historical and current data on production, consumption (by industrial end use), reserves, exports, imports, prices, and CO2 emissions. This information is useful for estimating the value of certain subsidies, e.g., price gap methodology, social cost of carbon, and exploration tax exemptions;
- IMF’s “Energy Subsidy Reform: Lessons and Implications” – provides several country case studies on fossil fuel subsidy reform and an appendix with oil, gas, and coal subsidies quantified as a percent of government revenue for every country.
- Country-based webpages of the multilateral development banks – provide information on projects and programs funded by the given MDB, including funding amount, project activities as well as other institutions’ participation. In addition to project investment, be sure to also look at policy lending operations, technical assistance, financial intermediaries and research papers, which give information on potential investment incentives/subsidies and policy reforms;
- Oil Change International’s Shift the Subsidies Website – tracks MDB- and ECA-subsidized finance, guarantees & policy lending to the energy sector, with project-by-project details including information on clean vs. fossil fuel funding, energy access, and exploration; national level subsidies to the energy sector;
- CEE Bankwatch Network’s Kings of Coal online toolkit – provides guidance on how to get information on public finance of coal by MDBs, ECAs, and bilateral development institutions with a focus on institutions important for Turkey and Southeast Europe, including the development banks of China and Germany.
- Earth Track’s “Ten Most Distortionary Energy Subsidies” – provides information on subsidies provided through water usage by thermal power generation.
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Coal Subsidy Resources, Organizations and Campaigns by Country
- JBIC Coal Campaign: “No Coal! Go Green! No to JBIC’s coal financing!” led by JACSES, Kiko Network, and FOE Japan targeting the Central Java Coal Power Plant and beyond.
- NGO Letter to Prime Minister Abe: The letter urges Japan to follow the United States and other countries’ pledges to stop financing coal overseas.
- Greenpeace Romania: Cost of Coal to Romania – The Cost of Subsidies Received by Romanian Coal Industry Compared with Renewable Industry.
- United States