Fossil fuels favoured over air quality subsidies
22 days ago
< 1 minute read
Source: Euractiv Pro and Clean Air Fund.
The NGO Clean Air Fund reports that, on a global scale, governments are allocating more funds to fossil fuel subsidies than to air quality improvements
According to the report, governments directed nearly $5.4 billion (€4.9 billion) in overseas development aid toward fossil fuel projects in 2022, compared to just $4.7 billion (€4.3 billion) for air quality enhancement. While international development funding for fossil fuel projects rose by 350% in one year, air quality recieved less than 1% of development funding.
Poor air quality carries significant costs. The World Bank estimates that the health expenses related to air pollution amount to 6.1% of the global GDP.
The Clean Air Fund also highlights that over half of the 8.3 million annual deaths linked to outdoor air pollution are attributed to fossil fuel emissions.
EU LEVA
Campaign success
Lorem ipsum dolor sit amet, consectetur adipisicing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua.
Member profile
Lorem ipsum dolor sit amet, consectetur adipisicing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua.