G20 Foundation Publications Turkey 2015 | Page 103

CLIMATE
CLIMATE CHANGE
CHANGE &
& SUSTAINABILITY
SUSTAINABILITY 103
The Strategic Framework implements the vision and goals
on climate change outlined in the GGC seeking to ensure
a sustainable trajectory for reducing GHG consistent with a
transition to a low-carbon economy.
The Green Taxation Reform (GTR) undertaken stimulates
innovation and sustainable growth. Under the principle of fiscal
neutrality, the net income of the GTR has been allocated to the
reduction of personal income taxes. It includes among other
measures a carbon tax, incentives to electric vehicles and
sustainable mobility. It is a relevant step towards a paradigm shift
in Portugal, fostering efficiency and eco-innovation, following the
principle of “taxing more what you burn and less what you earn”.
Portugal remains committed to continue work supporting other
more vulnerable partners as we continue with bilateral support
programmes focusing on African Portuguese speaking countries
and Timor Leste, mostly part of the least developed countries
(LDC) group.
These decisions are strongly relevant for a new climate
agreement. The highest priority should be to push for ambitious
mitigation commitments coming from all Parties in 2015, as well
as ensuring a durable agreement that establishes a dynamic
process to ensure commitments from ALL, at ALL times.
Contact information:
Ministry of Environment, Spatial Planning and Energy
Rua de “O Século”, 51, 1200-433 Lisboa,
PORTUGAL
www.portugal.gov.pt
www.crescimentoverde.gov.pt
www.facebook.com/CompromissoCrescimentoVerde
MINISTRY OF ENVIRONMENT
SPATIAL PLANNING AND ENERGY