Public finance and fiscal instruments for sustainable development
Edited book (chapter)
Chapter Title | Public finance and fiscal instruments for sustainable development |
---|---|
Book Chapter Category | Edited book (chapter) |
ERA Publisher ID | 11304 |
3772 | |
Book Title | De Gruyter Handbook of Sustainable Development and Finance |
Authors | Zaman, Kazi Arif Uz (Author) and Sarker, Tapan (Author) |
Editors | Cadman, Tim and Sarker, Tapan |
Page Range | 153-176 |
Series | De Gruyter Handbooks in Business, Economics and Finance |
Chapter Number | 8 |
Number of Pages | 24 |
Year | 2022 |
Publisher | Walter de Gruyter GmbH (European Journal of Nanomedicine) |
Walter de Gruyter | |
Place of Publication | Berlin, Germany |
ISBN | 9783110738292 |
9783110733488 | |
Digital Object Identifier (DOI) | https://doi.org/10.1515/9783110733488-008 |
Web Address (URL) | https://www.degruyter.com/document/doi/10.1515/9783110733488-008/html |
Abstract | Public finance and fiscal policy instruments play an important role in promoting sustainable development. As countries pledge to support the United Nations 2030 Agenda, there is a need to explore the role of fiscal policy instruments that can provide the financing to achieve green development strategies in respective economies. The United Nations Secretary-General’s Office (2019) reveals that the available finance is not being directed at the required level and pace towards achieving the SDGs and there is still a financing gap of USD 2.53 trillion per year for developing countries. Thus, concerted efforts from public, private and development partners are pivotal. Such a transition requires stronger internal revenue mobilisation effort and scaling-up of the public finance and effective fiscal instruments. Different public finance frameworks and multiple fiscal instruments for sustainable development are used in different countries. In this chapter an overview of the theoretical aspect and conceptual literature on green fiscal policies is provided. On the ground applications of such policies are discussed in the form of several case studies. The general framework for assessing public finance and fiscal reforms towards SDGs is also analysed. |
Keywords | Public finance, sustainable development goals, resource mobilisation,fiscal instruments, green fiscal reforms, carbon taxation, COVID-19 |
ANZSRC Field of Research 2020 | 350201. Environment and climate finance |
Public Notes | Files associated with this item cannot be displayed due to copyright restrictions. |
Byline Affiliations | Bangladesh Bank, Bangladesh |
School of Business | |
Institution of Origin | University of Southern Queensland |
https://research.usq.edu.au/item/q7qyq/public-finance-and-fiscal-instruments-for-sustainable-development
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