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The Green Fiscal Policy Network works to facilitate knowledge sharing and dialogue on fiscal policies for an inclusive green economy.

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Green fiscal policies for a sustainable and resilient COVID-19 recovery

As governments embark on resourcing and legislating COVID-19 relief and recovery measures, green fiscal policy approaches can play a key role in helping countries build back better. In the short-term, carbon taxation and/or fossil fuel subsidy reform can help generate and re-allocate significant resources for COVID-19 relief and recovery measures, while green budgeting can be a valuable instrument for medium-to long-term rationalisation and alignment of budgetary processes with government objectives for a sustainable and resilient post COVID-19 socio-economy.

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Measuring Fossil Fuel Subsidies in the Context of the Sustainable Development Goals

While periodic international monitoring on fossil fuel subsidies is carried out by international organisations such as the OECD, IMF and IEA, reporting under the SDG12.c.1 indicator will be the first attempt to systemically monitor fossil fuel subsidies to both consumption and production based on national data from 193 UN member countries and to collect this using an internationally agreed methodology. This monitoring and reporting on fossil fuel subsidies will help to increase transparency on fossil fuel subsidies, providing comparable data to allow the tracking of national and global trends.

Environmental Fiscal Reform in Morocco: Options and Pathways (World Bank)

2021-04-27 No Comments

This report by the World Bank Group assesses carbon pricing options that could be appropriate for Morocco and simulates their impacts using macroeconomic modelling. In

Update on the Operationalisation of the Carbon Tax – Carbon Budget Mitigation System (South Africa)

2021-03-10 No Comments

On 23 February 2021, the Department of Environment, Forestry and Fisheries (DEFF), Government of South Africa gave a presentation at the Portfolio Committee Meeting on

Time for solutions to tackle the twin sovereign debt and nature crises

2021-04-30 No Comments

Increased public spending and reduced income has constrained governments’ ability to respond to, and recover from, COVID-19. This has led to an urgent need to

Addressing COVID-19 for Environment: Regional Nexus Approaches to Building Back Better

Addressing COVID-19 for Environment: Regional Nexus Approaches to Building Back Better Register Here The UN Environment Management Group (EMG), in close collaboration with UNEP, UNEP-FI,