Fossil Fuel Subsidy Reform
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Fossil Fuel Subsidy Reform

An International Law Response

Vernon J.C. Rive

This much-needed book provides an empirically-grounded, and theoretically informed account of international law sources, mechanisms, initiatives and institutions which address and affect the practice of subsidising fossil fuel consumption and production. Drawing on recent scholarship on emerging international governance mechanisms, ‘informal’ international law-making and regime interaction, it offers suggestions, and critiques suggestions of others, for how the international law framework could be employed more effectively and appropriately to respond to environmentally and fiscally harmful fossil fuel subsidies.
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Chapter 4: The international legal and governance framework

Vernon J.C. Rive

Abstract

In this chapter, the fragmented nature of the international legal and institutional framework for oversight of energy subsidies is mapped and analysed. Key international institutions and sources of international law are examined, including: the WTO; UNFCCC; and IGOs (OECD, IEA, IMF, World Bank and the G20, APEC). Recognising the growing influence of non-governmental organisations towards the development of international norms and law particularly in the environmental context, the role and relevant activities of a number of key international NGOs are reviewed. The chapter also assesses the UNFCCC regime, including the system of Nationally Determined Contributions which to date has produced at least five national commitments with some reference or commitment to fossil fuel subsidy reform.

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