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.
Read our report

Updated: November 21^st 2023
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

Search our database

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.

Explore the data

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.

View Dashboard

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	Value disbursed, national currency	Value disbursed, USD:	Policy background	Links to official sources	Links to additional sources
Canada	National	Fossil unconditional	Support provided by Export Development Canada to oil and gas in 2021	Resources	Oil and gas	Other hybrid support measures	3839671886.6518	2021123131/12/2021	Several energy stages	EDC	Public finance institution	Increase the competitiveness of Canada's oil and gas sector		5149000000			This amount of funding represents the total support Export Development Canada (EDC), Canada's export credit agency, provides to the domestic fossil fuel industry (specifically to oil and gas) for the 2021 period.	https://www.edc.ca/en/about-us/corporate/disclosure/reporting-transactions/canadian-industry-sub-sector-2021.html
Italy	National	Clean unconditional	Energy efficiency incentives (2022 Budget)	Buildings	Energy efficiency	Budget or off-budget transfer ...	9132420.0913242	2021123030/12/2021	Energy efficiency	Italian Government (2022 Budget - Law n. 234/2021 Article 1 Paragraph 514)	Government	To guarantee the achievement of national energy efficiency targets	30/12/2021	8000000	8000000	9132420.0913242	The National Fund for energy efficiency is boosted to 8 million euros per year, starting from 2022. The incentives include disbursement of loans, part of which are non-repayable. The incentive supports interventions aimed at guaranteeing the achievement of national energy efficiency targets.	https://def.finanze.it/DocTribFrontend/getAttoNormativoDetail.do?ACTION=getArticolo&id=%7B94E01245-17B0-4652-809D-BD8DB6DE9CDC%7D&codiceOrdinamento=300010000514000&articolo=Articolo%201-com514 (Accessed 18 February 2022)
Ukraine	National	Clean unconditional	National Action Plan on Energy Efficiency until 2030	Multiple sectors	Energy efficiency	Uncategorized		2021122929/12/2021	Energy efficiency	N/a	Government	To establish a national energy efficiency target and measures to achieve it in line with European approaches to Directive 2012/27/EU "On Energy Efficiency"	29/12/2021				On December 29, 2021, the Government approved the National Action Plan for Energy Efficiency until 2030. At the same time, a 3-year action plan for its implementation in 2021-2023 was approved.	https://www.kmu.gov.ua/news/uryad-shvaliv-nacionalnij-plan-dij-z-energoefektivnosti-na-period-do-2030-roku	https://ua-energy.org/uk/posts/uriad-skhvalyv-natsplan-dii-z-enerhoefektyvnosti-na-period-do-2030-roku
Spain	Galicia	Other energy	Emergency social aid to avoid power cuts to severely vulnerable consumers at risk of social exclusio...	Power generation	Multiple energy types	Budget or off-budget transfer ...	1484018.2648402	2021122929/12/2021	Energy use (all energy types, consumption in transport, household use, buildings etc)	ORDER of December 29, 2020	Government	To ensure continued access to energy supply electricity for vulnerable families.	21/01/2022	1300000			The amount of the electricity bill has increased considerably in recent years, mainly due to the increase in fixed costs derived from the tariff deficit that are included in the electricity bill, and that cannot be reduced through lower energy consumption. This fact, together with the current economic context, causes that some Galician families do not have the minimum economic possibilities to pay the electricity bill. Thus, the Galician government wants to carry out actions aimed at alleviating these difficulties for the most vulnerable Galician families by designing an aid program that allows them to pay electricity bills, in order to ensure continued access to energy supply electricity. In addition, these aids arre created within the framework of the new state regulation established in Royal Decree 897/2017, of October 6, which regulates the figure of the vulnerable consumer, the social bonus and other protection measures for consumers. domestic electrical energy. The eligible expenses will be 50% of the amount of the electricity bills, with a maximum amount of between €300 and €450 per year depending on the characteristics of the family unit.	https://sede.xunta.gal/detalle-procedemento?codtram=IN414D&ano=2021&numpub=1 (Accessed 15 Jan 2022) https://www.xunta.gal/dog/Publicados/2021/20210120/AnuncioG0596-301220-0001_es.html (Accessed 15 Jan 2022)
Ukraine	National	Fossil unconditional	The Ministry of Energy transferred funds for the payment of wages to employees of state mines	Resources	Coal	Budget or off-budget transfer ...	14537956.304541	2021122828/12/2021	Exploration or production or processing or storage or transportation	Cabinet of Ministers Resolution # № 1733-р of 28 December 2021	Government	To repay wage arrears to miners	28/12/2021	392000000			The Cabinet of Ministers has allocated UAH 300 million to the Ministry of Energy from the reserve fund of the state budget to pay arrears of wages to employees of state-owned coal mining companies. The Ministry of Finance made these expenditures on a non-refundable basis at the expense of the reserve fund of the state budget. In addition, on December 24, the miners of the state mines received UAH 92 million for the payment of wages from the budget savings of the Ministry of Energy and the corresponding redistribution of expenditures from other budget programs.	https://www.kmu.gov.ua/npas/pro-vidilennya-koshtiv-z-rezervnogo-fondu-derzhavnogo-byudzhetu-i281221-1733	http://mpe.kmu.gov.ua/minugol/control/uk/publish/article?art_id=245615997&cat_id=35109