APEC Fossil Fuel Subsidy Reform Capacity-Building Workshop: Effective Pricing Mechanisms and Mitigation Strategies

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APEC Fossil Fuel Subsidy Reform Capacity-Building Workshop: Effective Pricing Mechanisms and Mitigation Strategies

Publication Number

APEC# 217-RE-04.5

Published Date

October 2017

Type of Publication

Proceedings

Publications Under

SOM Steering Committee on Economic and Technical Cooperation(SCE), Energy Working Group(EWG)

Accessed

1611

Pages

10

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Description

This report summarizes the discussion, outcomes and key recommendations arising from a two-day workshop on Fossil Fuel Subsidy Reform: Effective Pricing Mechanisms and Mitigation Strategies held on 10-11 July 2017 in Jakarta, Indonesia.

The workshop convened APEC officials from energy and finance ministries, and representatives from international organizations, NGOs, and academia to exchange perspectives on various pricing mechanisms and mitigation strategies for implementing sustainable fossil fuel subsidy reforms. Through case studies from both APEC and non-APEC members, participants shared lessons learned and highlighted best practices for designing and implementing reforms while providing effective services to vulnerable populations.