WTO ministerial statement on fossil fuel subsidy reform (FFSR)
The Forum on Trade, Environment & the SDGs (TESS) hosted an informal discussion among a small group of colleagues to follow up on the WTO Ministerial Statement on Fossil Fuel Subsidy Reform (FFSR) on Thursday, February 24 from 14:00 – 15:30 CET at the Graduate Institute Geneva.
The purpose of the meeting was to:
- take stock of the state of play on the FFSR Ministerial Statement and possible next steps, as well as related developments in the Trade and Environmental Sustainability Structured Discussions (TESSD)
- review developments in the wider international policy landscape and their relevance to FFSR discussions at the WTO (including at COP26, G7, G20, UN & OECD activities related to FFSR, the ACCTS negotiations & the Global Subsidies Initiative)
- discuss strategies and priorities for broadening engagement and building understandings at the WTO, including by addressing challenges and concerns expressed by developing countries
- exchange information on ongoing or planned activities and research by experts and stakeholders that can inform work on FFSR at the WTO.