7 November 2019

Government of Cyprus to Start Consultation on Green Fiscal Reform

The 20th Global Conference on Environmental Taxation, organised by the Cyprus University of Technology, was held in Cyprus on 26-27 September 2019. GCET is the leading global forum for exchanges on the principles and practice of environmental taxation and other market-based instruments for promoting the transition to low-carbon and resource-efficient societies. The conference started with…

22 October 2019

Fiscal Monitor: How to Mitigate Climate Change

The October 2019 edition of the Fiscal Monitor by the International Monetary Fund focuses on the design of fiscal policies for climate mitigation at the domestic and international level. This report emphasizes the environmental, fiscal, economic, and administrative case for using carbon taxes, or similar pricing schemes such as emission trading systems, to implement climate…

10 October 2019

EEA Report: Paving the way for a circular economy – insights on status and potentials

This new report by the EEA takes stock of the initiatives for creating a circular economy that reduce the use of natural resources and minimise harmful emissions and waste. According to the report, European companies are increasingly adopting circular business models, focused mainly on operational efficiency and reducing waste. Another promising development is to shift from product-based…

11 July 2019

Women’s Digital Financial Inclusion in Africa

|Source: Bill and Melinda Gates Foundation| African governments are at the forefront of efforts to harness digital technologies to build more inclusive economies. Double-digit growth in mobile phone ownership in the first half of this decade has triggered a surge of innovative digital tools and services across the continent. However, the benefits of the digital…

27 June 2019

Economists’ Statement on Carbon Pricing

The Policy Outreach Committee (POC) of the EAERE prepared a statement on carbon pricing to be proposed for endorsement to the whole community of economists in Europe and worldwide. It aims to convey the European perspective on carbon pricing and to draw the attention of policy-makers to its importance as a key instrument, even though not…

6 June 2019

Financing For Sustainable Development Report 2019

The UN Inter-agency Task Force on Financing for Development has released the fourth edition of the “Financing for Sustainable Development Report”, which provides a comprehensive assessment of the state of sustainable finance in 2019. The report offers recommendations for achieving concrete progress on financing for development, with a focus on the five SDGs under review…

25 February 2019

New World Bank Report “Fiscal Policies for Development and Climate Action”

This report provides practical insights for an effective design and implementation of fiscal policies for both development and climate action. The report maintains that well-designed environmental tax reforms are especially valuable in developing countries, where they can reduce emissions, increase domestic revenues and generate positive welfare effects. The reportoffers policy recommendations for finance decision-makers to…

20 December 2018

European Commission Carbon Market Report

The European Commission has adopted its annual report on the functioning of the European carbon market. The report, covering the year 2017, shows that in that period the EU power sector reduced its greenhouse gas emissions for the sixth year in a row. Emissions of industrial installations, however, which receive the vast majority of their…