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Action on environment should be part of Greek economic recovery plan, says OECD

News release: “Strengthening environmental protection should be part of government plans to overcome Greece’s economic and financial crisis, says a new OECD report. Speaking in Athens, OECD Secretary-General Angel Gurría said, “Well-designed environmental policy and investment can be drivers of economic recovery. Green policies and economic growth can reinforce each other to create new jobs while promoting cleaner technologies.” The OECD Environmental Review of Greece recommends increasing and widening the scope of green taxes. This would increase revenues and help strengthen public finances. Revenues from green taxes have been falling steadily since the mid-1990s in Greece. They now account for about 2% of GDP, lower than many other European countries. The share of taxes in fuel prices is now the lowest among European OECD countries.”

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