Publication:
Green Fiscal Reforms: Part Two of Strengthening Inclusion and Facilitating the Green Transition

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dc.contributor.authorWorld Bank
dc.date.accessioned2022-04-14T21:32:01Z
dc.date.available2022-04-14T21:32:01Z
dc.date.issued2022-04-14
dc.description.abstractIn the post-pandemic world, EU member states will need to embrace two simultaneous challenges. These will include recovering from the COVID-19 pandemic and embracing the ambitions of the European Green Deal, which maps out broad policies aimed at achieving carbon neutrality by 2050 and reducing emissions by 55 percent by 2030. Compared to the emissions reduction achieved during 1990–2018 by the EU27 countries, the 2018–30 target is 50 percent more ambitious and is to be achieved in a third of the time. Meanwhile, the emissions reduction planned during 2030–50 will be even steeper. The transition in some EU countries will be particularly challenging, given their high energy intensity, significant dependence on fossil fuels for power generation and an increasing and environmentally unfriendly transport fleet. In addition, households will need to be supported in the transition, to avoid a substantial share of the population being adversely affected.en
dc.identifierhttp://documents.worldbank.org/curated/en/099210004132242573/P174922043ab8602d09ef10d86a66786dda
dc.identifier.doi10.1596/37308
dc.identifier.urihttps://hdl.handle.net/10986/37308
dc.languageEnglish
dc.publisherWashington, DC
dc.relation.ispartofseriesEU Regular Economic Report; No.7
dc.rightsCC BY 3.0 IGO
dc.rights.holderWorld Bank
dc.rights.urihttp://creativecommons.org/licenses/by/3.0/igo
dc.subjectEU INCLUSION
dc.subjectEUROPEAN GREEN DEAL
dc.subjectCOVID-19 RECOVERY
dc.subjectPANDEMIC RECOVERY
dc.subjectACHIEVING CARBON NEUTRALITY
dc.subjectGREEN FISCAL REFORMS
dc.subjectCARBON TAXES
dc.subjectGREEN PUBLIC INVESTMENT
dc.subjectFOSSIL FUEL SUBSIDIES
dc.subjectPOST-PANDEMIC CHALLENGES
dc.subjectEURER
dc.titleGreen Fiscal Reformsen
dc.title.subtitlePart Two of Strengthening Inclusion and Facilitating the Green Transitionen
dc.typeReporten
dc.typeRapportfr
dc.typeInformees
dspace.entity.typePublication
okr.associatedcontenthttps://www.worldbank.org/en/region/eca/publication/eurer#:~:text=The%20EU%20Regular%20Economic%20Report,countries%20(EU%2DCEE). Publication website
okr.crossref.titleGreen Fiscal Reforms
okr.date.disclosure2022-04-14
okr.date.doiregistration2025-05-07T10:07:45.663754Z
okr.date.lastmodified2022-04-14T00:00:00Zen
okr.doctypeReport
okr.doctypePublications & Research
okr.docurlhttp://documents.worldbank.org/curated/en/099210004132242573/P174922043ab8602d09ef10d86a66786dda
okr.guid099210004132242573
okr.identifier.externaldocumentum33786232
okr.identifier.internaldocumentum33786232
okr.identifier.report170464
okr.importedtrueen
okr.language.supporteden
okr.pdfurlhttp://documents.worldbank.org/curated/en/099210004132242573/pdf/P174922043ab8602d09ef10d86a66786dda.pdfen
okr.region.administrativeEurope and Central Asia
okr.region.geographicalEuropean Union
okr.topicMacroeconomics and Economic Growth::Fiscal & Monetary Policy
okr.topicPrivate Sector Development::Enterprise Development & Reform
okr.topicPublic Sector Development::Environmental and Health Taxation
okr.topicEnvironment::Environmental Strategy
okr.topicEnergy::Energy Markets
okr.unitEFI-ECA-MTI-MacroFiscal-2 (EECM2)
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