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.
The meeting began with an introduction from James Lester, the trade and environment lead at the Permanent Mission of New Zealand to the WTO, who shared an update on the state of play and his reflections on possible priorities and ways forward.
The invited participants were experts from IGOs, academia and NGOs as well as a number of delegations — the common thread being a shared commitment to finding ways forward on this challenging topic. This meeting was held under Chatham House rules.

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