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Green Tax

  • Published on January 14, 2020
The main purpose of this tax is to incorporate the costs of environmental services and damages (and their repairs) directly into the prices of the goods and services or activities which cause them. Moreover, to raise revenue which are used to improve environmental expenditures, improving the environment quality of the country.
Green tax is a known to have a big potential and a widely used tool towards a circular economy. A circular economy helps achieve sustainable consumption and production via its implementation providing solutions to increase net welfare gains from economic activities by reducing resource use, degradation and pollution along the whole lifecycle, while increasing quality of life, creating green and decent jobs and reducing poverty.

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