[PDF][PDF] A Framework for Considering Market-Based Instruments to Support Environmental Fiscal Reform in South Africa
TPC Directorate�- Draft Policy Paper, Tax Policy Chief�…, 2006 - environment.blogs.com
TPC Directorate
Draft Policy Paper, Tax Policy Chief Directorate, National�…, 2006•environment.blogs.comSustainable development is about enhancing human well-being over time and managing a
broad portfolio of economic, social and environmental assets that society has at its disposal
in order to sustain a flow of consumption1. As the South African economy continues to
develop, it is increasingly important to ensure that it does so in a sustainable way and that, at
the same time, issues of poverty and inequality are effectively addressed. It is, therefore,
important to appreciate that it's not just the quantity of growth that matters, but also its quality�…
broad portfolio of economic, social and environmental assets that society has at its disposal
in order to sustain a flow of consumption1. As the South African economy continues to
develop, it is increasingly important to ensure that it does so in a sustainable way and that, at
the same time, issues of poverty and inequality are effectively addressed. It is, therefore,
important to appreciate that it's not just the quantity of growth that matters, but also its quality�…
Sustainable development is about enhancing human well-being over time and managing a broad portfolio of economic, social and environmental assets that society has at its disposal in order to sustain a flow of consumption1. As the South African economy continues to develop, it is increasingly important to ensure that it does so in a sustainable way and that, at the same time, issues of poverty and inequality are effectively addressed. It is, therefore, important to appreciate that it’s not just the quantity of growth that matters, but also its quality.
The aim of this policy paper is to outline the role that market-based instruments, specifically environmentally-related taxes and charges, could play in supporting sustainable development in South Africa, and to outline a framework for considering their potential application. The paper focuses on the options for environmental fiscal reform and the policies and measures capable of contributing to both revenue requirements and environmental objectives. The policy paper therefore seeks to:
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