Are we getting any closer to ending fossil fuel subsidies?

Countries pledged to phase out fossil fuel subsidies “over the medium term” 15 years ago. Not only have they failed to make progress, but subsidies have increased. Setenay Hizliok, Giorgia Monsignori and Antonina Scheer explore the domestic commitments of countries in this matter. During COP29, some of them have made promising announcements to accelerate phaseout, but G20 declaration announced early this week could not go beyond repeating the same old pledge.