Green Fiscal Policy Network

Meat tax might be needed to save the world

11 October 2018 - According to a new study, by 2050 the environmental costs of present-day food production will almost double, as the Earth's population grows to 10 billion and more of the world is lifted out of poverty and switch to meat-rich diets. Fiscal taxes such...

Bicycles could soon be VAT-free in EU, but e-bikes still taxed like gas vehicles

11 October 2018 - In a new proposal published by the European Commission, the body recommended updating VAT rules for a number of products. This includes pedal-powered bicycles while battery-powered electric bicycle are omitted. Read the full article on the Electrek...

Ship waste legislation clears major hurdle in vote

10 October 2018 - The European Parliament’s Committee on Transport and Tourism (TRAN) adopted several critical amendments to a European Commission proposal to address pollution from ships. In discussion was a ‘100 per cent indirect fee’, which restructures port fees...

Indian government cuts jet fuel tax to 11% from 14% ‘in public interest’

10 October 2018 - After petrol and diesel, the government cut excise duty on jet fuel to 11 per cent to give relief to the aviation industry that has in recent weeks been hit hard by rising fuel prices and the plummeting rupee. Read the full article on the Times of...

Yale professor William Nordhaus shared the Nobel Prize for economics for his pathbreaking work on carbon pricing

10 October 2018 - Nordhaus has been awarded the Nobel Prize for economics in 2018. His research shows that raising prices is a far more effective and efficient way to lower carbon emissions than direct government controls on the quantity of emissions. Read the full...

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The Green Fiscal Policy Network is a joint partnership between UN Environment, GIZ and the IMF to facilitate knowledge sharing and dialogue on fiscal policies for an inclusive green economy

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