The Role of Green Taxation in Achieving Sustainable Economic Growth Article Review

Mohamed Nasr Hussein Al-Jayed; Hudaa Jabaar Khadim

doi:10.59890/ijefbs.v3i2.18

Authors

Mohamed Nasr Hussein Al-Jayed Al-Furat Al-Awsat Technical University, Iraq
Hudaa Jabaar Khadim Al-Furat Al-Awsat Technical University, Iraq

DOI:

https://doi.org/10.59890/ijefbs.v3i2.18

Keywords:

Green Taxation, Economic Growth, Sustainable Development

Abstract

This research aims to highlight the pivotal role of green taxes in achieving sustainable economic growth, with a particular focus on the Iraqi context. The research adopts a descriptive approach to analyse the basic concepts of green tax and sustainable growth and explores the complementary relationship between them. The research addresses the definition of green tax and its various types, highlighting its mechanisms in guiding economic behaviour toward more environmentally sustainable practices. It also reviews the concept of sustainable growth and its economic, environmental, and social dimensions, emphasizing the importance of balancing them to achieve long-term development. Furthermore, the research discusses the challenges facing the formulation and implementation of green taxes in Iraq, including the institutional and legal framework, economic and social considerations, and the level of environmental awareness. The research concludes that adopting well-thought-out and integrated green tax policies is an effective tool for promoting sustainable economic growth in Iraq while addressing specific challenges to ensure their effectiveness and achieve their environmental and economic objectives.

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