Green Fiscal Commission

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The Green Fiscal Commission (GFC) is a British body set up to examine the best way of implementing green taxes (also known as ecotax) in the United Kingdom. GFC includes members from business, academia and the three main British political parties. GFC is chaired by Robert Napier, chairman of the Met Office and former chief executive of the World Wide Fund for Nature (WWF). GFC's director is Paul Ekins, Professor of Energy and Environment Policy at King's College London. The secretariat for the Commission is provided by the Policy Studies Institute.

An Ecotax is a tax levied on activities which are considered to be harmful to the environment and is intended to promote environmentally friendly activities via economic incentives. Such a policy can complement or avert the need for regulatory approaches. Often, an ecotax policy proposal may attempt to maintain overall tax revenue by proportionately reducing other taxes ; such proposals are known as a green tax shift towards ecological taxation. Ecotaxes address the failure of free markets to consider environmental impacts.

Met Office United Kingdoms national weather service

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World Wide Fund for Nature international non-governmental organization

The World Wide Fund for Nature (WWF) is an international non-governmental organization founded in 1961, working in the field of the wilderness preservation, and the reduction of human impact on the environment. It was formerly named the World Wildlife Fund, which remains its official name in Canada and the United States.

The stated aim of the Commission is to bring about green fiscal reform, that is to move taxation away from bads to goods.


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GFC may refer to:

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