Fossil fuel subsidies are widespread, regressive, and environmentally costly, yet abrupt removal can raise poverty. To identify a practical reform pathway, we evaluate the effectiveness of compensatory policies grounded in existing national social protection systems. We develop a high-resolution global social accounting matrix to quantify how reallocating subsidies through actual social assistance impacts poverty, inequality, and CO2 emissions. Without compensation, reform lowers emissions but increases poverty, especially for low-income households in emerging economies. Redirecting funds via social assistance disproportionately benefits the bottom half and reduces national poverty, particularly under targeted cash transfers or expanded programs where savings are large. However, full revenue recycling is not always desirable: Once vulnerable households are adequately protected, additional recycling can weaken both fiscal and climate gains. We therefore treat full recycling through social assistance as an analytical benchmark rather than a policy prescription and show that partial, targeted recycling, as illustrated by retaining roughly 20% of savings while channeling the remainder through social protection, can still reduce poverty while preserving emissions cuts. Overall, fossil fuel subsidy reform is most effective when social assistance is used to compensate low-income households, not to absorb all fiscal savings, leaving residual revenues available for other public priorities.
Fossil fuel subsidies are widespread, regressive, and environmentally costly, yet abrupt removal can raise poverty. To identify a practical reform pathway, we evaluate the effectiveness of compensatory policies grounded in existing national social protection systems. We develop a high-resolution global social accounting matrix to quantify how reallocating subsidies through actual social assistance impacts poverty, inequality, and CO2 emissions. Without compensation, reform lowers emissions but increases poverty, especially for low-income households in emerging economies. Redirecting funds via social assistance disproportionately benefits the bottom half and reduces national poverty, particularly under targeted cash transfers or expanded programs where savings are large. However, full revenue recycling is not always desirable: Once vulnerable households are adequately protected, additional recycling can weaken both fiscal and climate gains. We therefore treat full recycling through social assistance as an analytical benchmark rather than a policy prescription and show that partial, targeted recycling, as illustrated by retaining roughly 20% of savings while channeling the remainder through social protection, can still reduce poverty while preserving emissions cuts. Overall, fossil fuel subsidy reform is most effective when social assistance is used to compensate low-income households, not to absorb all fiscal savings, leaving residual revenues available for other public priorities.
Fossil fuel subsidies are widespread, regressive, and environmentally costly, yet abrupt removal can raise poverty. To identify a practical reform pathway, we evaluate the effectiveness of compensatory policies grounded in existing national social protection systems. We develop a high-resolution global social accounting matrix to quantify how reallocating subsidies through actual social assistance impacts poverty, inequality, and CO2 emissions. Without compensation, reform lowers emissions but increases poverty, especially for low-income households in emerging economies. Redirecting funds via social assistance disproportionately benefits the bottom half and reduces national poverty, particularly under targeted cash transfers or expanded programs where savings are large. However, full revenue recycling is not always desirable: Once vulnerable households are adequately protected, additional recycling can weaken both fiscal and climate gains. We therefore treat full recycling through social assistance as an analytical benchmark rather than a policy prescription and show that partial, targeted recycling, as illustrated by retaining roughly 20% of savings while channeling the remainder through social protection, can still reduce poverty while preserving emissions cuts. Overall, fossil fuel subsidy reform is most effective when social assistance is used to compensate low-income households, not to absorb all fiscal savings, leaving residual revenues available for other public priorities.
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La République de Jamaïque considère que l'autonomie sous souveraineté marocaine "pourrait être une solution des plus réalisables".
La ministre des Affaires étrangères et du Commerce extérieur de la Jamaïque s'est félicitée, mercredi à New York, de l'adoption de la résolution 2797 du Conseil de sécurité qui exprime le "plein soutien au Secrétaire général de l'ONU et à son envoyé personnel pour faciliter et mener les négociations, prenant pour base le plan marocain d'autonomie. Kamina Johnson Smith a affirmé qu'une véritable autonomie sous souveraineté marocaine pourrait être une solution des plus réalisables".
Cette position a été exprimée dans un communiqué conjoint signé par Mme Johnson Smith et le ministre des Affaires étrangères, de la Coopération africaine et des Marocains résidant à l'étranger, Nasser Bourita, à l'issue d'entretiens tenus mercredi en marge des travaux de la 81e session de l'Assemblée Générale des Nations Unies.
Le communiqué félicite le Royaume du Maroc pour ses "efforts diplomatiques visant à obtenir un consensus international et à créer une dynamique en faveur du plan d'autonomie, sous l'impulsion de Sa Majesté le Roi Mohammed VI".
M. Bourita et Mme Johnson Smith ont convenu de poursuivre les consultations politiques entre le Royaume du Maroc et la Jamaïque et de coordonner leurs positions sur les questions d'intérêt commun.