Providing economic incentives
- Increasing market incentives
- Using economic instruments as incentives
- Making effective use of economic instruments as incentives
- Providing economic integration
- Improving economic incentives
- Improving economic integration
Description
Providing economic incentives involves offering financial or material rewards to encourage individuals, organizations, or communities to adopt desired behaviors or practices. This strategy aims to remedy issues such as low participation, inefficient resource use, or resistance to change by making beneficial actions more attractive and feasible. Economic incentives can include subsidies, tax breaks, grants, or direct payments, effectively motivating targeted groups to address specific problems and achieve policy or development objectives.
Context
Making effective use of economic instruments and market and other incentives.
Broader
Narrower
Constrains
Facilitates
Related
Problem
Value
SDG
Metadata
Database
Global strategies
Type
(C) Cross-sectoral strategies
Subject
- Social activity » Employment conditions » Employment conditions
- Amenities » Instruments
- Commerce » Market
- Economics » Economic
- Development » Reform
- Principles » Values
Content quality
Yet to rate
Language
English
1A4N
J1917
DOCID
12019170
D7NID
206260
Editing link
Official link
Last update
Dec 3, 2024