This study, undertaken by Eunomia Research & Consulting in conjunction with Professor Mikael Skou Andersen of Aarhus University and the Institute for European Environmental Policy (IEEP), aims to evidence the potential economic and social benefits of environmental fiscal reform.
Written to support the European Semester process on environmental protection and resource efficiency, the report presents data on the potential of revenues from environmental taxation and other indirect benefits (such as job creation) resulting from environmental fiscal reform in 14 selected countries, using a methodology supplied by the European Environment Agency (EEA), with methodological assistance from the EEA. It builds on a previous study looking at another 12 Member States.
The study found that in real (2014) terms, across the group of 14 countries, in 2017 fiscal reform would lead to an additional revenue of around €38 billion, or 0.48% of their estimated combined GDP. This would rise to €111 billion in 2025, or 1.39% of the combined GDP.
