Understanding Eco-Fiscal Policy

Canada’s ambitious commitments made during the COP 21 Paris, UN Convention on Climate Change to reduce emissions, have increased the relevance and applicability of Ecofiscal policy. To have meaningful conversations on Ecofiscal policy we first need to understand what it means and why it matters for setting objectives, monitoring, and reporting on progress. The Ecosystem Services and Biodiversity Network have reached out to an expert, Dr. Ken Nicol, to build an understanding of Ecofiscal policy, and create some awareness of the importance to ecosystem services.