The need to create a climate-resilient Philippines is bound to open new opportunities for businesses. Mon Abrea, Co-Chair of the Paying Taxes – EODB Task Force, notes that there is a laundry list of proposed taxes related to climate change. Among these are carbon tax, congestion tax, energy tax, air pollution tax, and more.
Climate change has become a growing concern in recent years. The Philippines is a disaster-prone country and is vulnerable to the effects of climate change. The country has experienced earthquakes, volcanic eruptions, and even El Niños.
However, beyond the obvious repercussions on the world as a whole, climate change will also have an impact on a country’s competitiveness. As a fiscal policy and tax consultant, Mon Abrea notes that implementing climate change initiatives can increase climate change support.
On September 22, the Asian Consulting Group will be conducting another Executive Tax Management Program. To sign up, just visit https://tinyurl.com/ETMP2022