Are you looking to identify environmentally harmful subsidies in your country or region? Do you want to understand why they’re harmful and what the implications of removing them might be?
In the narrowest sense, environmentally harmful subsidies (EHS) are grants or tax reductions/exemptions that enable consumers, users or producers to supplement their incomes or reduce costs, but the resulting outcomes are harmful to the environment. In the broadest sense, they represent any external cost on the environment not currently internalised in market prices. They are common in areas such as fossil fuels, fisheries, agriculture, transport and water, and they are estimated to be worth USD 1 trillion worldwide. But while they appear to benefit industry or consumers, they actually lead to wasteful use of natural resources, harm our biodiversity, maintain inefficient practices and discourage innovation.
Do you represent an Environment Agency or Ministry of Finance and want to identify environmentally harmful subsidies in your economy? Do you want to understand why they’re harmful and what the implications of removing them might be – both to the natural environment and the economy?
Or are you an NGO or not-for-profit looking to gather evidence on the impacts of environmentally harmful subsidies to develop position papers and influence government?
With in-depth experience of identifying, reviewing and modelling likely impacts of removing environmentally harmful subsidies in different contexts we can help you answer the questions above.
Contact one of our team if you would like support in one or all of these areas.