Role of Fiscal Instruments in Environmental Policy Development

The present article "Role of fiscal instruments in environmental policy development", discusses the evolution of environmental policy at EU level. This paper demonstrates the importance of using fiscal instruments to increase efficiency and effectiveness of environmental policy implementation. In this context, is noted the link between environmental policy and fiscal policy, which relies on incentives at national, European and world level. This interdependence between the two policies can be seen in legal documents adopted by the European Union, among which we mention the Single European Act or the Treaty of Amsterdam. The evolution of environmental policy and changes made to it are reflected in the corresponding objectives and priorities. Also an increased number of its instruments of implementation are mentioned, as follows: legislative, technical and economic-financial.