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Environmental Governance and the Greening of Fiscal Policy

Murray Petrie ()

Chapter Chapter 5 in Environmental Governance and Greening Fiscal Policy, 2021, pp 109-142 from Palgrave Macmillan

Abstract: Abstract A comprehensive framework is put forward for environmental governance and the greening of fiscal policy. The framework combines national State of Environment Reporting, incorporation of the highest priority environmental indicators and targets in key national indicators, and their mainstreaming through integration in fiscal policy and the annual budget cycle. The key components of green fiscal policy are identified together with suggested annual green budget reports and periodic green fiscal reports. This is followed by discussion of the implementation of the greening of fiscal policy, covering six principles of green fiscal policy; preconditions for implementation; and an extensive discussion of priority entry points for greening fiscal policy depending on country circumstances.

Keywords: Green taxes; Environmental risks; Fiscal risks; Climate change mitigation; Climate change adaptation; Public infrastructure investment; Win-win policies (search for similar items in EconPapers)
Date: 2021
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Book: Environmental Governance and Greening Fiscal Policy (2021)
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Persistent link: https://EconPapers.repec.org/RePEc:pal:psifcp:978-3-030-83796-9_5

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DOI: 10.1007/978-3-030-83796-9_5

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