Using Fiscal Policies to Offset Technology-Related Carbon Emissions: IMF Recommendations

Monday, 17 June 2024, 13:00
The International Monetary Fund (IMF) advocates that governments implement profits tax paired with green levies to counterbalance AI impacts on the environment. This strategic approach aims to address the growing concern over technology-induced carbon emissions while ensuring profitability. In the quest for sustainable development, the IMF emphasizes the need for fiscal policy adjustments that consider both economic gains and environmental responsibilities. By integrating profits tax and green levies, governments can navigate the delicate balance between technological advancements and environmental preservation effectively.
The Guardian
Using Fiscal Policies to Offset Technology-Related Carbon Emissions: IMF Recommendations

IMF Urges Fiscal Actions to Mitigate Technology Impacts

The IMF recommends using profits tax and green levies to offset...

Key Recommendations for Sustainable Development

  • Implementation of profits tax to mitigate AI-related emissions
  • Integration of green levies to promote environmental responsibility

In the pursuit of a harmonious environment-economy relationship, governments are advised to consider the...

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