The Index: key findings
Which countries are using green tax incentives and penalties to drive sustainable corporate behavior and achieve green policy objectives.
Just over half of countries analyzed have tax incentives in place to promote energy efficiency.
Carbon & climate change
21 countries analyzed for the Index have some sort of carbon-related tax mechanism in place.
18 of the 21 countries analyzed for the KPMG Green Tax Index use their tax systems to encourage research and development.
Renewable energy & fuels
Renewable energy and fuels is one of the policy areas where governments are most active in putting tax incentives in place.
In the analysis undertaken for this Index, no tax penalties were identified specific to the energy consumption of commercial buildings.
Of the 21 countries analyzed, all except two have some sort of tax penalty and/or incentive related to green vehicles.
Governments are increasingly turning to their tax toolkits to encourage corporations to conserve and recycle limited water supplies.