The paper focuses on nature management as an objective process that takes place between society and nature and reflects the development, use, reproduction of natural resources, as well as the impact on nature, its transformation and protection in the interests of humanity. The forestry industry is part of the whole process and therefore it is necessary to focus from an economic point of view on areas such as: consumption, restoration, management and monitoring of resources in the forestry industry. Currently existing approaches to the use of natural resources cannot solve the issues of sustainable development. The main reasons are: the lack of a unified comprehensive approach and coordination in nature management, insufficient financing and stimulation of resource-saving measures, imperfection of the organizational and economic mechanism of nature management, instability of organizational management structures in this area of activity. Within the framework of the Concept of Sustainable Development, which includes the optimization and improvement of environmental policy, including with a focus on the forestry industry, the subject of our research will be how effective environmental taxation is in this area. In the article, we use secondary sources from available analyses and point out economic indicators related to taxation and sustainable development.