subsidies in the region and was developed with a view of improving transparency and establishing a solid These Policy Highlights summarise the main findings of analytical basis that can help build the case for reforms additional analysis carried out by the OECD in late 2021 in the EaP countries. [...] Based on the OECD standard to identify fossil-fuel support measures that the EaP methodology, the study provided quantitative estimates governments put in place in 2020 when the COVID-19 of government support channelled to consumers and pandemic hit the world. [...] 5 POLICY HIGHLIGHTS FOSSIL-FUEL SUBSIDIES Fossil-fuel subsidies loomed large compared with the COVID-19 recovery packages put in place by EaP governments In response to the COVID-19 crisis, the EaP governments In comparison, the amount of government support sought to protect their citizens and businesses by putting that went to producers and consumers of fossil fuels in place rescue (short-term me. [...] Most such measures in the energy growth and with rising energy prices in the international sector have been largely concentrated in the end-use markets, the International Energy Agency, in its World natural gas and electricity sectors. [...] The staggering fact that fossil-fuel subsidies in 2020 alone exceeded the COVID-19 related recovery packages put in place in 2020 and 2021 points to the need of rethinking fossil-fuel subsidisation policies in the region.
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