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

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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IMF Special Series on Fiscal Policies to Respond to COVID-19 – Greening the Recovery

Fiscal policy across the globe is rightly focused on fighting the COVID-19-induced economic crisis. But the climate change crisis remains, as does the need for decisive policy action to address it. Indeed, decisions taken now to address the COVID-19 crisis may shape the climate, and human health, for decades.

Greening the Recovery (IMF)

2020-11-11 No Comments

Fiscal policy across the globe is rightly focused on fighting the COVID-19-induced economic crisis. But the climate change crisis remains, as does the need for

As WTO Talks Continue on Subsidy Reform Initiatives, Concerns Persist over Poor Notification Records (IISD)

2020-11-18 No Comments

The need to reform the World Trade Organization’s (WTO) agriculture subsidy rules and to clinch a deal that disciplines harmful fisheries subsidies are well known,

What matters for the support of carbon taxes? Lessons from Germany

2021-02-26 No Comments

Many countries worldwide struggle to reach their national climate targets. For instance, Germany committed itself to reduce greenhouse gas emissions by 40% by 2020 compared