Review Of Fiscal Measures For Promoting Renewable Energy In Public Finance

 

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Mide Philemon a b a PhD

Researcher, School of
Business, Law and Social Sciences, Abertay University, Dundee, United Kingdom b
School of General Study and Business Management, The Polytechnic Bali, Taraba
State E: m.philemon1000@abertay.ac.uk; midadino@yahoo.com

ABSTRACT

Financial systems across the globe have been directed financial resources to encourage the
growth of the renewable energy sector in recent decades. This initiative is necessary because
an uninterrupted transition to renewable energy is unlikely to occur by chance. Therefore,
policies must facilitate a clean transition to renewable energy. Thus, the volume of
investments in renewable energy is persistently increasing across all markets. Scholars have
argued that the volume of fiscal measures deployed is the critical tool that pulls resources
towards the renewable energy sector. This study reviewed the fiscal policy measures deployed
by the authorities in achieving the dual purpose of increasing green investments and
stabilising the state of disequilibrium in public finance.

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