Greece Introduces New Tourist Tax for Climate Resilience in 2024
Climate Crisis Resilience Tax Implemented
As of January 2024, Greece has implemented a Climate Crisis Resilience Tax on tourists, replacing the previous bed tax. This new tax aims to raise funds for climate change adaptation and resilience measures.
Mandatory Tax for All Standard Accommodation
This tax is mandatory for all tourists staying in standard accommodation, including hotels, guesthouses, and bed and breakfasts. Individual houses larger than 80 square meters are also subject to the tax.
Additional Revenue for Climate Initiatives
The Greek government anticipates that this new tax will generate up to 300 million euros in additional revenue in 2024. These funds will be earmarked for projects and initiatives aimed at enhancing Greece's resilience to climate change.
Conclusion
The introduction of the Climate Crisis Resilience Tax highlights Greece's commitment to addressing climate change and fostering a more sustainable tourism industry. By investing this additional revenue in climate resilience measures, the country aims to protect its natural environment, mitigate the impacts of climate change, and ensure the long-term vitality of its tourism sector.
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