The environmental and social costs of using natural resources are often neglected within our economies, market price signals remain distorted and environmentally perverse subsidies are prevalent across sectors such as energy, agriculture and fisheries.
A recent green economy assessment report (UNEP, 2014) on Kenya reveals that the transition to a green economy can deliver important benefits, such as long-term economic growth, a cleaner environment a
Mozambique faces a range of environmental challenges and risks, including deforestation; declining fish stocks; land, water and air pollution; and loss and degradation in wetlands and rivers ,which could all be compounded by climate change and a growing population.
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.
The role of fiscal instruments in supporting action on climate change is increasingly recognized.