Public subsidies for fossil fuels reached record levels last year in the G20
Public financial support to fossil fuels in G20 countries, 2019–2022 ($)
Consumer subsidies
Producer subsidies
General services subsidies
Capital Expenditure by state-owned enterprises (SOEs)
International Public Finance
$1.4trn in subsidies is more than double pre-pandemic level
165
63
19
298
68
125
48
12
273
69
168
69
13
323
31
967
54
13
323
50
