Energy Subsidy Reforms: How to Make them Work? | CD Talk скачать в хорошем качестве

Energy Subsidy Reforms: How to Make them Work? | CD Talk

This 30-minute talk will focus on technical advice on how to remove broad-based energy subsidies to enhance both efficiency and equity and accelerate the transition to a low-carbon economy. Eliminating energy subsidies remains one of the most politically challenging reforms to undertake. The journey is fraught with challenges, primarily due to the subsidies’ wide-reaching implications across all segments of the population and the involvement of influential actors with vested interests. Several countries in Europe (North Macedonia), Latin America (Suriname) and Africa (the Gambia, Central African Republic, Chad, Democratic Republic of Congo, Benin) have recently worked with the IMF on implementing energy subsidy reforms. This event will shed light on some of the key challenges they faced and lessons learnt for other countries, and dive into the specific case of the Central African Republic.