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The costs of fossil fuel subsidies far outweigh the benefits when considering the full economic, social, and environmental impact of these subsidies in sub-Saharan Africa. If done right, phasing out fossil fuel subsidies in sub-Saharan Africa will lower greenhouse gas emissions, reduce air pollution, and create the fiscal space to provide access to energy and meet social development objectives.
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Seizing the Global Opportunity: Partnerships for Better Growth and a Better Climate.
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Fossil fuel subsidy reform in sub-Saharan Africa: from rhetoric to reality