Morocco is not among the big emitters of carbon

Morocco is not one of the big emitters of carbon, according to a new report from the Organization for Economic Cooperation and Development (OECD) on energy consumption and sustainable development in fifteen emerging and developing economies, unveiled on Monday.

Entitled “Taxing energy consumption for sustainable development: Opportunities for reforming energy taxation and subsidies in certain emerging and developing economies”, the report examines the taxation of energy in Morocco, Côte d’Ivoire, Egypt, Ghana, Kenya, Nigeria and Uganda, the Philippines, Sri Lanka, Costa Rica, the Republic Dominican, Ecuador, Guatemala, Jamaica and Uruguay.

“None of them are among the large carbon emitters”, notes the OECD, in a press release, while welcoming that all these countries “have shown interest in reforming energy taxation and subsidies by participating in the Coalition of Finance Ministers for Climate Action or the Coalition for Leadership on Carbon Pricing, or by recently leading reforms ”.

The report notes that developing countries could raise badly needed government revenues and at the same time reduce emissions and air pollution by making better use of energy taxes and reducing fossil fuel subsidies.

“The reform of taxation and energy subsidies is essential to achieve the triple objective of decarbonization, mobilization of domestic resources and access to affordable energy”, it is pointed out, observing that at a time when developing and emerging economies must fight to emerge from the Covid-19 crisis with much less tax revenue than advanced economies, they have an “interest” in putting better designed energy taxes accompanied by targeted support measures for low-income households.

READ  El Otmani receives EESC president

In the fifteen countries studied, the tax-to-GDP ratio is barely 19% on average, compared to 34% in the OECD, the report notes, observing that “none of them apply an explicit carbon price. ”.

In four of the fifteen countries, the cost of energy subsidies is even higher than the income of energy taxes.

In the fifteen countries examined as a whole, 83% of energy-related CO2 emissions are exempt from all taxation. In the 44 OECD and G20 countries studied in the Taxing Energy Use 2019 report, some 70% of these emissions are fully tax exempt, showing that “All countries must take better account of the harmful effects of energy consumption in fiscal policy”.

Tags
Back to top button
Close