EEB

Sustainability

EFR (Environmental Fiscal Reform)

• What is the EEB doing?

We define Environmental Fiscal Reform (EFR) as a tax shift from labour towards environmental use, supplemented by the reform or removal of environmentally adverse subsidies.

Environmental taxes foster more rational use of natural resources and can reduce pollution. They are also a good incentive for technological innovation and can contribute to a cut in taxes in other areas, such as labour.

Suppressing environmentally harmful subsidies is an efficient measure for both the environment and the economy.

EFR is one of the main tools for moving towards sustainable development. EEB recently held a seminar in Spain to dicsuss EFR and how it could pave a greener, more sustainable future for Europe. Read the report here.