Energy Policy Tracker - Track funds for energy in recovery packages

Burning Billions: Record public money for fossil fuels impeding climate action

In 2022, public financial support for fossil fuels, in the form of subsidies, investments by state-owned enterprises (SOEs), and lending from public financial institutions, exceeded USD 1.7 trillion globally.
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Updated: December 31^st 2021
Track public money
for energy in
recovery packages

major economies and 8 MDBs pledged USD 519 billion to fossil fuel-intensive sectors, 40% of all public money committed to energy-producing and consuming activities.
Read our 2020-21 global recovery analysis

Updated: December 31^st 2021

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Data on public finance for energy around the world during the Covid-19 recovery in 2020-2021

As governments across the world continue to invest hundreds of billions in the energy system to reboot their economies, our analysis is expanding to cover more countries and provide a more comprehensive global picture. Countries are also grouped by regions, which helps to identify trends and patterns in their local contexts.

G20 Analysis

The Energy Policy Tracker covers the 2020-2021 period with data on COVID-19 government policy responses from a climate and energy perspective. Our analysis provides a detailed overview of the public finance flows as determined by recovery packages across the G20. Filter by country, energy type, finance mechanisms, and other categories to see, at a glance, what types of measures countries are implementing to tackle the crisis and what is shaping our future energy system.

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Inequality and Poverty Dashboard

Different types of energy policies have varying impacts on within-country inequalities and poverty. Assessing those impacts and who may be adversely impacted is essential to achieving a just energy transition. The analysis in the Inequality and Poverty Dashboard supports this by providing an overview of the state of play of inequality and poverty for 30 countries covered in the Energy Policy Tracker, how different types of energy policies may contribute to decrease or exacerbate inequality and poverty and what types of complementary measures can be put in place to mitigate potential negative social impacts.

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Why it matters

G20 governments have pledged to inject trillions of dollars into the global economy to counteract the health, social, and financial shocks caused by the COVID-19 crisis. This large-scale stimulus spending will shape the global economy for decades to come. These decisions could trigger unbearable climate disasters or create a resilient and safe economy powered by clean energy.

Why it matters

Latest policies

Country	Jurisdiction	Category	Policy name	Sector	Energy Type	Mechanism	Value committed, USD	Date of announcement	Stage	Legislation and Endorsing Agency	Arm of Government	Primary and secondary stated objective of the policy	Date of entry into force	Value committed, national currency	Policy background	Links to official sources
Brazil	National	Other energy	Establishes the criteria and conditions for the Surplus Sale Mechanism and the management mechanisms...	Power generation	Multiple energy types	New or extended regulation (IT...		2021121818/12/2021	Energy efficiency	Normative Resolution- The National Electrical Energy Agency -ANEEL	Government	Establishes the criteria for the transfer of energy and associated power with sellers between distribution agents that have surplus energy (called assignors) to distribution agents with energy deficits (assignees).				https://www.in.gov.br/en/web/dou/-/resolucao-normativa-n-904-de-8-de-dezembro-de-2020-294942157#:~:text=Estabelece%20os%20crit%C3%A9rios%20e%20condi%C3%A7%C3%B5es,de%20novos%20empreendimentos%20de%20gera%C3%A7%C3%A3o. (accessed 4/3/2021)
Canada	National	Clean unconditional	FCM Green Municipal Fund – Community Buildings Retrofit initiative	Buildings	Energy efficiency	Budget or off-budget transfer ...	124533929.90306	2021041313/04/2021	Energy efficiency	Government of Canada	Government	Improve energy efficiency		167000000	Funded by a $167-million federal investment in FCM’s Green Municipal Fund, the new initiative supports Canadian municipalities, big and small, and not-for-profit organizations in undertaking retrofits and other upgrades to lower emissions by improving energy performance, lowering operating costs and extending the life of community assets. The Community Buildings Retrofit initiative will provide grants and loans to fund a portion of each project and expects to disburse the full funding envelope over the next six years. This new initiative is part of a $950-million federal investment in the Green Municipal Fund designed to scale up energy efficiency and lower emissions across Canada. It is complemented by new measures in Canada’s strengthened climate plan.	https://www.canada.ca/en/natural-resources-canada/news/2021/04/canada-and-fcm-combat-climate-change-by-investing-in-retrofits-for-community-buildings.html Accessed 20 April 2021.
Canada	Manitoba	Fossil unconditional	Manitoba Budget 2021: Highway, airport and road investments	Mobility	Oil and gas	Budget or off-budget transfer ...	393909023.11708	2021040707/04/2021	Energy use (all energy types, consumption in transport, household use, buildings etc)	Government of Manitoba	Government	Strategic infrastructure investments		528232000	Investments for 2021-22 for highways, road and airport runway infrastructure as part of Manitoba's strategic infrastructure investments. Does not include investments under the Manitoba Restart Capital program.	https://www.gov.mb.ca/asset_library/en/budget2021/budget2021.pdf Accessed 13 April 2021.
Spain	National	Clean conditional	Royal Decree to promote the use of biofuels	Power generation	Biofuels and waste	New or extended regulation (IT...		2021033030/03/2021	Energy use (all energy types, consumption in transport, household use, buildings etc)	Royal Decree 205/2021, of March 30, which modifies Royal Decree 1085/2015, of December 4	Government	To modify the previous Royal Decree to advance towards the energy transition of the transport sector by promoting the use of biofuels.	01/04/2021		This Royal Decree encourages the use of biofuels and regulates the sales and consumption targets for 2021 and 2022. It establishes an obligation of penetration of biofuels on the total sales of fuels in transport of 9.5% for 2021 and 10% for 2022, following the scenarios and objectives established in the National Integrated Energy and Climate Plan (PNIEC) 2021-2023, where a minimum share of renewable energy in transport is set at 28% in 2030 , which will favour the reduction of greenhouse gas emissions associated with this sector. Moreover, this Royal Decree advances the transposition of certain key aspects of the European Renewables Directive in relation to renewables in the transport sector. Furthermore, the Royal Decree maintains the maximum contribution to reach the goal of renewables in the transport of 7% of biofuels from food and forage crops in the final consumption of energy in the years 2021 and 2022, as required by the Renewable Energy Directive.	https://www.miteco.gob.es/es/prensa/ultimas-noticias/el-gobierno-aprueba-el-real-decreto-para-fomentar-el-uso-de-los-biocarburantes-y-fijar-los-objetivos-de-2021-y-2022/tcm:30-524526 (Accessed 4 April 2021) https://www.boe.es/buscar/doc.php?id=BOE-A-2021-5034 (Accessed 4 April 2021)
United Kingdom	National	Clean conditional	£9.4 million funding for 22 studies to develop innovative automotive technology	Mobility	Multiple energy types	Budget or off-budget transfer ...	12051282.051282	2021033030/03/2021	Energy use (all energy types, consumption in transport, household use, buildings etc)	Department for Business, Energy, and Industrial Strategy (BEIS)	Government	To develop cleaner automotive technology by investing in research on the electric vehicles supply chain		9400000	£9.4 million of government funding has been directed to support 22 studies to develop innovative automotive technology. The studies include proposals to build a plant in Cornwall that will extract lithium for use in electric vehicle batteries, a plant to build specialised magnets for electric vehicle motors in Cheshire and lightweight hydrogen storage for cars and vans in Loughborough.	https://www.gov.uk/government/news/over-30-million-government-investment-to-boost-batteries-and-hydrogen-vehicles (Accessed 12 April 2021)