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Event: Fossil Fuel Subsidy Reform – The missing piece of the climate change puzzle

last modified Aug 08, 2017 10:49 AM
On 30 November 2015, the Friends of Fossil Fuel Subsidy Reform and The Prince of Wales’s Corporate Leaders Group join forces to handover the Fossil Fuel Subsidy Reform Communiqué on the opening day of COP21, in the presence of Heads of Governments and business leaders.

Date: Monday 30 November 2015, 12:45–13:15 pm CET
Venue: Le Bourget, COP21 Momentum for Change Room, Press Conference Room 1, Blue Zone
Status: Open to all, with COP21 badge

Watch live here.

Speakers:

John Key, Prime Minister of New Zealand
Christiana Figueres, Executive Secretary of the UN Framework Convention on Climate Change
Stefan Löfven, Prime Minister of Sweden
Lars Løkke Rasmussen, Prime Minister of Denmark
Erna Solberg, Prime Minister of Norway
Hakima El Haite, Environment Minister of Morocco
Michel Sapin, French Finance Minister
Philippe Joubert, Chair of The Prince of Wales’s Corporate Leaders Group
Angel Gurría, OECD Secretary-General 

Invitation FFSR Communique The Friends of Fossil Fuel Subsidy Reform and The Prince of Wales’s Corporate Leaders Group invite you to the delivery of the Fossil Fuel Subsidy Reform Communiqué on COP21 Leaders Day on 30 November 2015 in Paris.

Heads of Governments and business leaders will deliver a message to the world that the time for global action on fossil fuel subsidies is now.

Through this Communiqué, more than 30 countries and hundreds of businesses and organisations call on the international community to accelerate action to eliminate fossil fuel subsidies to combat climate change.

Fossil fuel subsidy reform will help governments achieve their COP21 commitments. Removing subsidies would deliver a 10 per cent reduction in GHG emissions by 2050. This is the missing piece of the climate change puzzle.

Globally governments spend over $500 billion per year to keep domestic prices for oil, gas and coal products artificially low. Removing these subsidies frees up resources to invest in social and physical capital like education, health and infrastructure. It also levels the playing field for renewable energy.

Take action and endorse the Communiqué: www.fffsr.org

Read our factsheet on fossil fuel subsidy reform.

Join the conversation on Twitter using #EndFFS.

For more information and to confirm your presence at the event, please .