Economics, Trade and Incentive Measures

 
Submission
ID 4784
Government Lebanon
Submitting Entity Ministry of Environment
Submitted for Eighth Meeting of the Subsidiary Body on Scientific, Technical and Technological Advice (SBSTTA 8)
 
Main Information
Title Tax exemptions or reductions and environmental funds in the Code of Environment of Lebanon
Description Lebanon informes that its Code of Environment, promulgated in 2002, foresees the use of incentive measures such as tax exemptions or reductions for all actors or actions that reduce impacts on biodiversity and natural resources or that aim at their protection. Implementation of these provisions is under way. In addition, the Code also endorses the polluter pays principle, proceeds under which will go into a fund that would finance, inter alia, activities aiming at the conservation of biodiversity.

In addition, a project is under preparation by the Ministry of the Environment that aims at the conservation of biodiversity through the promotion of ecotourism. The project will include the elaboration of incentive measures as well as the mitigation of perverse incentives.

Web Link /doc/case-studies/inc/cs-inc-lb-01-en.pdf
 
Additional Information
Countries Lebanon
Ecosystems Agricultural Biodiversity
Dry and Sub-Humid Lands Biodiversity
Forest Biodiversity
Mountain Biodiversity
Regions
Incentive Measures Environmental Funds / Investments
Negative Incentives (taxes, levies,...)
Positive Incentives (subsidies, tax breaks, ...)
Reform of Perverse Incentives
Keywords Environmental funds
Pollution taxes/levies
Subsidy reform
Tax exemptions