Home > Term: internalization of environmental cost
internalization of environmental cost
Incorporation of environmental externalities (imputed environmental costs) into the budgets of institutional units. Typically prompted by economic instruments (fiscal incentives and disincentives of environmental subsidies, effluent charges, tradable pollution permits or user fees). Environmental cost accounting permits to set the initial level of these internalization instruments.
- Kalbos dalis: noun
- Pramonės šaka / sritis: Environment
- Category: Environment statistics
- Company: United Nations
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