INT/19/K13-South-South cooperation opportunities towards green fiscal policies: emerging evidence and lessons learned from South America and developed countries

Submitter: South American Network on Applied Economics (Foundation Mercosur Network of Economic Research), based in Montevideo, Uruguay.
Subcontractor: Same as above.
Priority area: Environment.
Participating/beneficiary countries: 4 countries (Argentina, Brazil, Paraguay and Uruguay).
PGTF input: US$25,000.
Other inputs: US$30,000.
Number: INT/19/K13.
Duration: Eighteen (18) months
Approval: 42nd Annual Ministerial Meeting of the Group of 77 (New York, 27 September 2018)
Completion: Final report submitted on 19 June 2025.
Impact:The project advanced the understanding and promotion of green fiscal instruments across Latin America, with active participation from Argentina, Brazil, Paraguay, and Uruguay. Through case studies, policy analysis, and high-level regional dialogues, the project identified fiscal tools to address natural capital depletion and climate-related liabilities, contributing to the design of more sustainable tax policies aligned with Nationally Determined Contributions (NDCs). It fostered South-South peer learning by generating and disseminating key research outputs, including working papers and a concept note, and by facilitating engagement with policymakers through major platforms such as the BAPA+40 Conference and regional webinars. Despite challenges posed by the COVID-19 pandemic, the project built momentum for an informal network of committed Latin American countries to exchange experiences and promote green fiscal reforms. By aligning tax and competitiveness strategies with environmental goals, the project enhanced regional capacity to meet international climate commitments while reinforcing South-South cooperation on sustainable development policy innovation.

Final Report:

• INT-19-K13-FinalReport.pdf  *  [Language: English; Size: 1086KB]




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* Note: The reports posted have been prepared by the submitting institutions and their content is the sole responsibility of their authors. Please forward any inquiries or requests for further information to the contact person provided and kindly send a copy to the Office of the Chairman of the Group of 77 for our records.