KPMG developed the Green Tax Index, which enables member firms tap into that opportunity by analyzing green tax penalties and incentives in 21 major economies around the world. It uses a proprietary scoring methodology to rank countries according to the extent to which they use their tax systems to drive sustainable business behavior and achieve green policy goals.
KPMG in the UK has been appointed by the United Nations Environment Programme (UNEP) Finance Initiative to conduct a key study to help design the Green Climate Fund (GCF). The GCF was developed with the ambition that it would become the principal financial resource to help nations cut carbon and protect themselves against the impact of climate change. This high-profile appointment puts KPMG at the heart of the debate on mechanisms to mobilize more private sector finance into low carbon development projects in developing countries.