Introduction: The Twin Environmental Crises and Wishful Thinking

Murray Petrie ()

Chapter Chapter 1 in Environmental Governance and Greening Fiscal Policy, 2021, pp 1-19 from Palgrave Macmillan

Abstract: Abstract Current approaches to environmental stewardship are demonstrably failing given existential threats of climate change and biodiversity loss. This book addresses the urgent question: how can governments be made more accountable for their environmental stewardship? It proposes three inter-related areas for action: (i) national State of the Environment reporting; (ii) expanded environmental target setting, integration in a dashboard of key national indicators, and reporting; and (iii) using a government’s most important policy statement and its most powerful strategy and policy integration instrument—fiscal policy and the annual budget cycle—to mainstream environmental goals, progressively eliminate harmful tax and expenditures policies, put a price on pollution, promote sustainable development, and provide environmental public goods. The Introduction sets out a high-level theory of change, discusses the roles of government, markets, and civil society, and presents an overview of the book.

Keywords: Environmental stewardship; Environmental reporting; Environmental targets; Mainstreaming; Externalities (search for similar items in EconPapers)
Date: 2021
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Persistent link: https://EconPapers.repec.org/RePEc:pal:psifcp:978-3-030-83796-9_1

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DOI: 10.1007/978-3-030-83796-9_1

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