ID 62469
Submitting Entity World Bank
Main Information
Title Environmental Fiscal Reform: What Should be Done and How to Achieve it?
Description According to this 2005 World Bank report, Environmental Fiscal Reform (EFR) can play an important role in achieving the Millennium Development Goals, helping countries raise revenues, while creating incentives that generate environmental benefits and support 
poverty reduction efforts. EFR has the potential to free-up economic resources and generate 
revenues that can help finance poverty reduction measures, for example infrastructure that improves access of the poor to water, sanitation and energy services. By encouraging more sustainable use of natural resources (such as forests or fisheries), reducing pollution from energy use and industrial activities, and stimulating the use of innovative “clean” technologies, EFR can also improve management of the environment. In these ways, EFR can directly and indirectly address environmental problems that threaten the livelihoods of the poor. The report also discusses the manifold challenges of undertaking such reforms.
Web Link /doc/case-studies/inc/cs-inc-wb-envfisc-en.pdf
Additional Information
Regions Global
Incentive Measures Reform of Perverse Incentives
Positive Incentives (subsidies, tax breaks, ...)
Keywords Subsidy reform
Support payment
Compensation for loss of use
Agri-environmental payments
Conservation payments
  • United Nations
  • United Nations Environment Programme