Green fiscal policies are a critical part of efforts to address global challenges and transition to an inclusive green economy. By reflecting externalities in prices, aligning government expenditures with environmental goals, raising revenues, creating fiscal space for green investment and broader fiscal reform, such policies can support several Sustainable Development Goals (SDGs) and the Paris Climate Agreement.
UN Environment work on fiscal policies
UN Environment's work on green fiscal policies consists of three main areas. It cuts across different sectors and themes, including energy, climate change, agriculture, water, pollution, and extractives.
- Policy analysis and country support on green fiscal reforms
- Policy dialogue on green fiscal policies
- Training, learning and capacity building on green fiscal policies
- Building Back Better: the Role of Green Fiscal Policies
What are green fiscal policies?
Partnerships and collaboration on fiscal policies
Through the Green Fiscal Policy Network - a joint initiative launched together with the International Monetary Fund (IMF) and the German Development Cooperation Agency (GIZ), UN Environment facilitates knowledge sharing and dialogue on green fiscal reform, working with associated partners such as think tanks, research institutes, international and intergovernmental organizations.
As a founding member of the Green Growth Knowledge Platform (GGKP) and the Partnership for Action on Green Economy (PAGE), UN Environment also reaches out to the larger green growth policy community and engages with countries to support their green fiscal policy reforms in the green economy transition.
