Project description
The main objective was to analyse the Panamanian fiscal system, which was accomplished by conducting a broad and comprehensive diagnosis of the Panamanian fiscal system including all taxes, incentives and subsidies associated with products and services that directly or indirectly generate GHG emissions. It also assessed whether the existing framework of taxes, incentives and subsidies were aligned with Panama’s low-carbon strategy. Finally, when they were not aligned, a fiscal strategy consistent with the country’s emission reduction commitments, ensuring a positive or neutral fiscal impact was proposed.
Metroeconomica was responsible for mapping taxes, incentives, and subsidies, assessing the economic, environmental, and distributional impact of the current system, and proposing changes to the current tax system.
Project details
-
ClientThe World Bank
-
SolutionTaxation and green finance
-
Dates12/2020 – 02/2021
-
LocationPanama
Related projects
Research and Coordination Project on Adaptation Economy in Tanzania
The objective of this research project was to assess the current state of the adaptation economy on a global, regional … Read more
Analysis of expenditure on environmental protection by the Basque Public Administration in the period 2015-2017
The aim of this project was to analyse expenditure on environmental protection by the Basque public administration in the period … Read more
International finance for loss and damage associated with climate change impact
It is relevant to understand the undergoing discussions on the arrangements for the funding of activities to avert, minimize and … Read more
