Many governments face the triple challenge of reducing environmental risks, while fostering economic growth and reducing poverty. Green fiscal reform (GFR) as a policy approach can improve fiscal consolidation, correct market failures, spur innovation, and help identify smarter ways for government taxation and spending. By setting appropriate economic incentives and price signals, green fiscal policies can help shift consumption patterns and drive private investments in human, natural, social and clean-produced capital.
The interactive and practice-oriented course seeks to provide participants from government, business, civil society and academia with an introduction to various approaches and policy instruments for reforming government spending and revenue generation with the goal of supporting the transition to an inclusive green economy. Moreover, participants will acquire basic skills for translating GFR principles into a real-world policy and professional context.