Illustrated comparison inspired by the place and case. Conceptual scenes, not a photographic before and after.
How the change works
- 01 / Public decision
Coordinated prices and social protection
- 02 / Physical change
Different incentives for consumption and investments
- 03 / Possible outcome
Possible lower emissions in the models
Prices and public support influence consumption and investment. Reforming them requires viable alternatives and protection of the most exposed people.
Research and local documents ↓What the evidence tells us
The IMF models the climate benefits of the fossil price reform, distinguishing between explicit subsidies and environmental costs not included in prices.
Conditions and limits
The global scenarios were not the results observed in Nigeria. A sudden increase in prices can have serious social costs; lower sales do not all mean lower emissions.
Other possible benefits
Public resources potentially available for services and support.
Research and local documents
- Evidence for this findingBlack, Liu and Parry · IMF Working Paper 2023/169 ↗
The IMF models the climate benefits of the fossil price reform, distinguishing between explicit subsidies and environmental costs not included in prices.
- Local project or policy documentBudget Office of Nigeria · MTEF/Fiscal Strategy 2024—2026 ↗
Country planning document. The climate effects illustrated remain scenarios, not verified results in Nigeria.
- Scientific basis of the mechanismIPCC AR6 WGIII · Chapter 6: Energy Systems, 2022 ↗
Scientific synthesis on sources, networks and decarbonization of the energy system. It does not attribute personal CO₂ savings to the individual project.
