Where would you invest $500 billion? This video looks at why it's a problem that the world's countries spend an average of around $500 billion per year on subsidies for fossil-fuel consumption -- as well as the opportunities that could be created if this money were freed up to help deliver on sustainable development. The video was created in a cooperation between the IISD's Global Subsidies Initiative ([ Ссылка ]) and the World Bank Institute's Climate Change Practice unit ([ Ссылка ]).

Interested to know more? Download the publication A Guidebook for Fossil-Fuel Subsidy Reform, available on the GSI website: [ Ссылка ]

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