Taxes and Subsidies for Pacific Ocean Health

Taxes and Subsidies for Pacific Ocean Health

This report examines how Pacific governments can use taxes and subsidies as a financial lever to support the health of the Pacific Ocean. It surveys taxes and subsidies that are aligned with, or pose a risk to, ocean health in the Pacific.

The research describes:

  • the links between taxation, subsidies and economic decisions related to the Pacific Ocean,
  • a framework for analysing these taxes and subsidies and determining their potential impact on environment,
  • the main taxes and subsidies that can have an impact if implemented by Pacific governments, given the constraints they face.

This report concludes with recommendations to Pacific Governments on how best to align taxes and subsidies with long term ocean health.

The research encompasses 11 pacific countries that are participating in the Pacific Ocean Finance Program (POFP). The countries are Solomon Islands, Vanuatu, Fiji, Tonga, Samoa, Kiribati, Nauru, Palau, Marshall Islands (RMI), Federated States of Micronesia (FSM) and Tuvalu (collectively, the POFP11).

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Taxes and Subsidies for Pacific Ocean Health
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  • Create Date 13 April 2020
  • Last Updated 21 April 2023

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