The OECD has released a report describing how taxes – a key policy tool– are being used to encourage local and global environmental goals. It draws on case studies from the UK, Israel, Sweden, Spain, Japan and others. Download the executive summary here .
The report, titled “Mainstreaming the Economics of Nature, ” is written by Pavan Sukhdev, a banker who heads the UN’s green economy initiative, and describes the global tendency to take advantage of nature’s free services without applying economic value to them. The report points out that deforestation costs millions of dollars in flooding, greenhouse gas emissions, and water purification- more READ MORE