Subsidies worsening climate change, says World Bank

The World Bank has called on countries to use the money they spend on subsidising

Record high fossil fuel consumption subsidies in 2022

According to the International Energy Agency (IEA), worldwide subsidies for fossil fuel consumption increased dramatically

Subsidies to green hydrogen is violation of WTO norms

India believes huge subsidies announced by some developed countries for their green hydrogen sector can

Global fossil fuel subsidies crossed over $5 trillion between 2010-2021

With energy consumption vital for life and business, governments often look to fossil fuel subsidies

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