Global

Sustainability Criteria for Fisheries Subsidies - Options for the WTO and Beyond

Inappropriate subsidies contribute to widespread overfishing and to the distortion of trade in fisheries products. Current negotiations in the World Trade organization aim to address this problem through binding new subsidies rules. Meanwhile, many governments are working to reform their domestic fisheries subsidies programmes. But some fisheries subsidies will undoubtedly continue to be used for years to come. In this context, a knowledge of the policies and practices that can reduce the risks associated with these subsidies is critically important.

Measuring energy subsidies using the price gap approach: What does it leave out?

Tracking energy subsidies for a single country is a challenging task; trying to measure them globally is even more so.  Multi-country studies of fossil fuel studies have been done, and normally use a price gap measure.  This approach compares the world price of the energy commodity with a transport-adjusted world reference price at which fuels could be brought in to a country.  While the price gap provides many useful insights on energy subsidy trends, these estimates form a lower-bound for total support.