Environmental taxation is an instrument of tax policy of any state, remaining today one of the vectors of development of fiscal mechanisms in the context of new technological paradigms. However, a structural, systematic approach and understanding of this mechanism in both tax theory and tax law has not yet been formed, and therefore, the purpose of this work is to analyze the environmental aspects of global trends based on tax tools/elements of tax policy involved in regulating environmental processes in the state. To solve one of the main tasks, namely to form the theoretical foundations of an algorithm for monitoring and evaluating empirical data within the framework of the state's tax policy, it is necessary to analyze scientific publications and synthesize knowledge of Russian and foreign practices in the field of environmental taxation, existing problems, and identify environmental aspects of the development of global trends. The subject of the study is the instruments of state fiscal regulation aimed at encouraging organizations to reduce the negative impact on the environment. The purpose of the work is to identify the potential of tax incentives for the greening of the economy and to develop recommendations for the further development of appropriate tax mechanisms and tools.