ENVIRONMENTAL TAXES AND INCENTIVE MECHANISMS

The growing scale of environmental challenges has increased the importance of economic instruments aimed at ensuring sustainable development. This paper examines environmental taxes and incentive mechanisms as key tools of environmental policy. Particular attention is given to tax benefits, subsidies, and other fiscal measures designed to reduce negative environmental impacts and encourage the adoption of environmentally friendly technologies. The analysis shows that the effective combination of environmental taxation and incentive mechanisms contributes to the development of green innovations, the reduction of environmental risks, and the formation of a sustainable economic system.