Forecast: Total Support on All Fossil Fuels for All Beneficiaries or Sectors in France

The forecast for total support on all fossil fuels in France indicates a steady increase from 2024 to 2028, from 11.63 billion USD to 13.71 billion USD. This reflects a consistent annual growth. In 2023, the support stood slightly lower, underscoring an upward trajectory in governmental or sectoral investments or subsidies. On average, the compound annual growth rate (CAGR) over this five-year period shows an appreciable rise, demonstrating active financial commitment towards fossil fuel sectors.

Future trends to watch for include:

  • Transition efforts to sustainable energy sources which may alter fossil fuel support trajectories.
  • Impact of geopolitical shifts and policy changes on fossil fuel pricing and subsidies.
  • Technological advancements in energy sectors influencing governmental support frameworks.

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