The COVID-19 pandemic exposed many fragilities of our economies and deepened existing inequalities and imbalances. Green fiscal policies in particular can play a key role in countries’ recovery efforts by removing inefficiencies in public expenditures and raising additional fiscal revenues which can be directed towards immediate COVID-19 relief measures while supporting longer-term investments.
Participants completing this e-course will be able to:
- Explain the rationale for greater use of green fiscal policy
- List different fiscal instruments to promote desirable economic, social and environmental outcomes
- Describe the key stages of the policy cycle
- Highlight the main opportunities and challenges presented by the energy, transport and waste management sectors
- Outline how international collaboration enhances fiscal policy action taken at national level
This course has been developed under the umbrella of the Partnership for Action on Green Economy (PAGE). PAGE brings together five UN agencies – UN Environment, International Labour Organization, UN Development Programme, UN Industrial Development Organization, and UN Institute for Training and Research – whose mandates, expertise and networks combined can offer integrated and holistic support to countries on inclusive green economy.