Appetite for change - Accountancy Nieuws

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Section 4How can policies find support?In some cases, hypothecation may not be the most efficientway to direct funds into environmental projects. It may alsonot generate sufficient funds for green initiatives. On theother hand, for governments that shift a significant portion oftheir revenue to green taxes, hypothecation of all the revenuefrom those taxes will simply be impractical. But whetherthrough hypothecation or other means, governments thatlink new taxes strongly with environmental outcomes have amuch better chance of garnering business support. As onerespondent indicated, “If designed properly, a carbon tax canwork. The key design element is that it has to be linked toenvironmental progress.”Figure 24Fewer than a third are confident that ‘giving back’ will become a realityTotalEuropean UnionNorth AmericaBrazil, Russia,India and China24 42 26 525 40 27 523 47 26 321 39 31 8Other33 43 13 4“If designed properly, a carbon tax can work.The key design element is that it has to be linked toenvironmental progress.”Not at all confidentFairly confidentNot very confidentVery confidentHow confident are you that monies raised from environmental taxes and regulationare being/would be directed to ‘green’ or environmental projects and initiatives?Base: Total (654)34 Appetite for change. PricewaterhouseCoopers.
pwc.com/appetiteforchangeGovernments that link new taxesstrongly with environmentaloutcomes have a muchbetter chance of garneringbusiness supportAppetite for change. PricewaterhouseCoopers. 35
Page 1 and 2: Appetitefor changeGlobal business p
Page 3: ForewordMark SchofieldGlobal Leader
Page 6 and 7: Section 1Executive summaryA uniquei
Page 8 and 9: Section 2Why is government leadersh
Page 10 and 11: Section 2Why is government leadersh
Page 12 and 13: Section 3Where are the opportunitie
Page 14: Section 3Where are the opportunitie
Page 17 and 18: pwc.com/appetiteforchangeFigure 7Mo
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Page 21 and 22: pwc.com/appetiteforchangeLimiting t
Page 23 and 24: Businesses generally believe that e
Page 25 and 26: pwc.com/appetiteforchangeSixty two
Page 27 and 28: pwc.com/appetiteforchangeBusiness l
Page 30 and 31: Section 4How can policies find supp
Page 32 and 33: Section 4How can policies find supp
Page 36 and 37: Section 5What will new policies mea
Page 44 and 45: Section 6While managing uncertainty
Page 46 and 47: Section 6While managing uncertainty
Page 48 and 49: Section 7About the survey48 Appetit
Page 50 and 51: About PwC: Global Sustainability& C
Page 52: pwc.com/appetiteforchangeCert no. C

Appetite for change - Accountancy Nieuws

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