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Greening Fiscal Policy: Essential to Reversing Environmental Degradation

Current approaches to environmental stewardship are demonstrably failing given the existential threats of climate change and biodiversity loss. Many factors contribute to global environmental degradation, but one that has received relatively little attention is the lack of government transparency and accountability for environmental stewardship compared to other policy domains, and the systematically weak integration of environmental stewardship into overall government strategy and target setting.

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The triple crisis needs a new response

The economic effects of the COVID-19 pandemic have hit the most marginalized and vulnerable first and most directly, creating the need to react immediately. However, resilience building is becoming even more challenging in many countries of the Global South due to intersecting climate and debt challenges.

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