As energy consumption is a leading cause of rising GHG emissions over the coming years, The Sultanate of Oman has initiated in 2016 of series of fiscal improvements to enhance energy conservation and to promote the culture of the energy-saving by liberalizing the prices of petroleum products and phasing out
As energy consumption is a leading cause of rising GHG emissions over the coming years, The Sultanate of Oman has initiated in 2016 of series of fiscal improvements to enhance energy conservation and to promote the culture of the energy-saving by liberalizing the prices of petroleum products and phasing out gradually the subsidies on water and electricity over five years (2021-2025). In tandem with these fiscal improvements, the Sultanate of Oman has activated a social protection system for fuels, electricity, and water to support eligible families. Figure 1.
As energy consumption is a leading cause of rising GHG emissions over the coming years, The Sultanate of Oman has initiated in 2016 of series of fiscal improvements to enhance energy conservation and to promote the culture of the energy-saving by liberalizing the prices of petroleum products and phasing out gradually the subsidies on water and electricity over five years (2021-2025). In tandem with these fiscal improvements, the Sultanate of Oman has activated a social protection system for fuels, electricity, and water to support eligible families.
OM
Sectoral Mitigation Actions
M_SecAct2
Sectoral downstream actions to be undertaken as part of the NDC contribution
Downstream actions
Energy
Energy: General