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Green finance vital to protecting Maldives’ economy and environment, says Finance Minister
Finance Minister Hassan Zareer told the Maldives Finance Forum that expanding green financing is an economic necessity for the Maldives, calling for private-sector capital and affordable climate finance. The article also reports Green Tax revenue of about USD 123.2 million in the first ten months of 2026, a 4 per cent rise year on year.
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USD 123.2 millionGreen Tax collected in first ten months of 2026Miadhuthe Government collected approximately USD 123.2 million in Green Tax during the first ten months of 2026, representing a 4 per cent increase compared to the USD 116.7 million recorded during the corresponding period last year.
USD 10.1 millionGreen Tax collected in October 2026MiadhuOctober collections registered a slight decline, with revenue amounting to USD 10.1 million compared to USD 11.1 million in October 2025.
USD 11.1 millionGreen Tax collected in October 2025MiadhuOctober collections registered a slight decline, with revenue amounting to USD 10.1 million compared to USD 11.1 million in October 2025.
USD 12Green Tax rate at resorts, safari vessels and hotelsMiadhuvisitors at resorts, safari vessels and hotels charged USD 12 per person per night, while those staying at local guesthouses pay USD 6 per person per night.
USD 6Green Tax rate at local guesthousesMiadhuvisitors at resorts, safari vessels and hotels charged USD 12 per person per night, while those staying at local guesthouses pay USD 6 per person per night.
Finance Minister Hassan Zareer spoke at the Maldives Finance Forum.Maldives Finance ForumMiadhuSpeaking at the Maldives Finance Forum, organised by the Maldives Pension Administration Office under the theme “Green Finance: Sustainable Investment and Financial Security in the Maldives”, Minister Zareer highlighted the importance of mobilising sustainable investments