Don't deposit Emission Levy proceeds into Consolidated Fund – ICEG
The Institute of Climate and Environmental Governance (ICEG) has expressed concerns about the lack of commitment by the government to invest...
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The Institute of Climate and Environmental Governance (ICEG) has expressed concerns about the lack of commitment by the government to invest...
Furthermore, it said “Despite the progressive nature of the Levy, ICEG is concerned about the apparent lack of commitment by the government beyond the imposition of the Levy, to investing the expected revenue on financing green infrastructure. Based on the analysis of the Act, there is no stated portfolio established to use the revenue generated to finance our energy transition efforts”.
Furthermore, it said “Despite the progressive nature of the Levy, ICEG is concerned about the apparent lack of commitment by the government beyond the imposition of the Levy, to investing the expected revenue on financing green infrastructure. Based on the analysis of the Act, there is no stated portfolio established to use the revenue generated to finance our energy transition efforts”.
The Institute of Climate and Environmental Governance (ICEG) has expressed concerns about the lack of commitment by the government to invest revenue that