Oil Aid: tracking subsidies to the international oil industry
The Oil Aid Database below is an interactive tool for tracking subsidies to the international oil industry. You can search for oil aid by donor country, recipient country, donor financial institution, and other fields.
The total amount of Oil Aid documented in this database includes support from 13 multilateral financial institutions and 49 bilateral financial institutions from 20 countries since the year 2000.
“Oil Aid” is the practice of using taxpayer money, often intended for poverty alleviation, to instead subsidize the oil & gas industry internationally. Our international development dollars should be spent on climate change adaptation, alleviating poverty, or clean renewable resources, not on subsidizing a profitable and polluting industry.
You can read our research notes here. For a full explanation of the
methodology and definition of oil aid, see the report, Aiding Oil, Harming the Climate.
This database is an ongoing research project. Your comments and additions are welcome at oilaidinfo (at) priceofoil.org