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Government projects EUR 9.7 billion increase in environmental tax revenue by 2030

  • Government expects to collect an additional EUR 9.7 billion from environmental taxes between 2024-2030
  • This increase in revenue is due to new environmental policies and regulations
  • The funds will be used to support initiatives aimed at reducing carbon emissions and promoting sustainability
  • The government hopes that these taxes will incentivize businesses and individuals to adopt more environmentally friendly practices

Source: research.ibfd.org

Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.

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