Taxing Energy Use for Sustainable Development Opportunities for energy tax and subsidy reform in selected developing and emerging economies published by OECD (2021).
“In the absence of carefully crafted policy responses, COVID-19 could reverse decades of progress in sustainable development and the fight against poverty. Among other impacts, COVID-19 has magnified the financing gap to achieve the sustainable development goals (SDGs) in developing countries, which could increase by 70% compared to pre-COVID levels (OECD, 2020b). Impacts have been exacerbated by the fact that too many citizens in the developing world do not benefit from a social safety net, which means that the loss of stable income due to the COVID-19 crisis has increased the risk of not having access to essential energy services (Brosemer et al., 2020). Providing affordable access to clean energy is crucial for a strong recovery. In addition to energy access at the individual level, energy security, which can be defined broadly as the uninterrupted availability of energy sources at an affordable price,1 is a key enabler of economic growth…”
