Green Fiscal Commission
Encyclopedia
The Green Fiscal Commission (GFC) is a British body set up to examine the best way of implementing green taxes (also known as ecotax
) in the United Kingdom. GFC includes members from business, academia and the three main British political parties. GFC is chaired by Robert Napier, chairman of the Met Office
and former chief executive of the World Wide Fund for Nature
(WWF). GFC's director is Paul Ekins
, Professor of Energy and Environment Policy at King’s College London. The secretariat for the Commission is provided by the Policy Studies Institute
.
The stated aim of the Commission is to bring about green fiscal reform, that is to move taxation away from bads to goods.
Ecotax
Ecotax refers to taxes intended to promote ecologically sustainable activities via economic incentives. Such a policy can complement or avert the need for regulatory approaches. Often, an ecotax policy proposal may attempt to maintain overall tax revenue by proportionately reducing other taxes...
) in the United Kingdom. GFC includes members from business, academia and the three main British political parties. GFC is chaired by Robert Napier, chairman of the Met Office
Met Office
The Met Office , is the United Kingdom's national weather service, and a trading fund of the Department for Business, Innovation and Skills...
and former chief executive of the World Wide Fund for Nature
World Wide Fund for Nature
The World Wide Fund for Nature is an international non-governmental organization working on issues regarding the conservation, research and restoration of the environment, formerly named the World Wildlife Fund, which remains its official name in Canada and the United States...
(WWF). GFC's director is Paul Ekins
Paul Ekins
Paul Ekins is a prominent British academic in the field of sustainable economics. He is a former member of the Green Party.-Political career:...
, Professor of Energy and Environment Policy at King’s College London. The secretariat for the Commission is provided by the Policy Studies Institute
Policy Studies Institute
The Policy Studies Institute is a British think-tank. It was formed in 1978 through the merger of the former Centre for the Study of Social Policy and Political and Economic Planning. Since 1998 it has been an independent subsidiary of the University of Westminster...
.
The stated aim of the Commission is to bring about green fiscal reform, that is to move taxation away from bads to goods.