🌱 What is sustainability?

Sustainability is the ability to meet the needs of the present without compromising the ability of future generations to meet their own needs. It involves a balance between three pillars:

Economic (growth without depleting resources),

Social (equality and people’s well-being),

Environmental (caring for the planet).

💰 What is green taxation?

Green taxation refers to a set of taxes, incentives, and fiscal policies aimed at protecting the environment. Its main goals are to:

Reduce polluting activities,

Encourage the use of clean and sustainable energy,

Change the behavior of companies and citizens in favor of the environment.

Examples of green taxation:

Carbon taxes (for emitting polluting gases).

Charges for excessive use of water or plastics.

Tax incentives for companies using renewable energy.

🌍 Connection between sustainability and green taxation

Green taxation is a key tool to achieve sustainability. By applying taxes or tax benefits, governments can:

Promote a shift toward a cleaner economy,

Discourage environmentally harmful practices,

Fund sustainable projects (like eco-friendly transportation or reforestation).

Sarah Carrasco 06.