This book explores the potential contribution of a particular public policy - variously called environmental tax reform (ETR), environmental fiscal reform (EFR) or green fiscal reform (GFR) - to reconciling economic growth and the environment.
This DAC Reference Paper outlines key issues faced when designing Environmental Fiscal Reform (EFR). EFR refers to a range of taxation and pricing measures which can raise fiscal revenues while furthering environmental goals.
Fiscal instruments are potentially among the most effective, and cost-effective, options for addressing externalities related to poor air quality, urban road congestion, and greenhouse gases.