On November 3, the United Nation Development Program (UNDP) and the International Monetary Fund (IMF) jointly organized a roundtable discussion on green budgeting practices in the Asia Pacific region.
The objective of the discussion was to go beyond issues related to green budget tagging, which have been recently explored by the OECD and other international organizations, and to explore the bigger picture of green budgeting practices. The Asia Pacific region is in this respect a forerunner, thanks to a mix of home-grown capacity, support from international organizations such as UNDP and the World Bank as well as high exposure to and awareness of the impact of climate change. The roundtable aimed at building on these various country experiences and trying to provide answers to a set of questions: What are the critical capacity constraints for putting in place green budgeting? How to integrate green budgeting practices while keeping the centrality and the effectiveness of the budget process? Which green budgeting practices are more likely to make a difference in terms of actual policymaking, and not just serve as a tool for increased transparency?
Speakers from Bangladesh, Fiji, Indonesia and The Philippines shared their experience. The presentations and discussions illustrated the intense stream of innovations and activity in the field of green budgeting currently.
Publications
Some Thoughts From IMF on Green Budgeting
Strengthening Governance of Climate Finance
Translating systemic reforms into CC responsive budget formulation- the Bangladesh experience
Banner-and-Agenda
Climate Change in National Planning and Budgeting
PHILIPPINES
Green budgeting in France
GUIDANCE AND TOOLS ON GREEN BUDGETING AND LINK WITH SDG BUDGETING
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