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Everything to know about Green budgeting
#Foreword
While everyone scrutinizes the countries' greenhouse gas emission reduction targets and, to a lesser extent, their objectives for adapting to the inevitable consequences of climate change, this is unfortunately much less the case for the financial resources they allocate to the climate transition of their economies. Yet, to achieve these objectives, governments and more broadly public actors will have to dedicate substantial resources. How can we ensure that their climate funding is commensurate with their climate ambitions? Green budgeting, i.e. the environmental assessment of public budgets, is one part of the answer, a first step.
Green budgeting improves transparency on public spending on climate and makes it possible to improve the way climate is taken into account in all budgetary decisions, in particular by reinforcing the knowledge and involvement of finance ministries. Green budgeting is not new but there has been a strong revival of interest in recent years, in Europe and worldwide, and I4CE supports this dynamic by identifying good practices, developing new Green budgeting methodologies and training countries around the world.

In this newsletter, I4CE invites you to (re)discover its latest publications dedicated to Green budgeting, and to watch the replays of two webinars we have organised in the last few days. The first one is aimed at European civil society organisations, to help them better understand the strengths and limitations of Green budgeting and contribute to the debate on greening public finances in their respective countries. The second explores the possibility of combining the environmental assessment of public budgets with an analysis of their social impact, in order to better anticipate and manage the social consequences of environmental measures.

#Replay

Webinar | Civil society mobilisation on green budgeting
In order to support the dissemination of green budgeting practices in Europe, I4CE has organised a webinar to help civil society organisations take ownership of these tools, discuss their role in their implementation and thus initiate or contribute to the debates on greening public finances in their respective countries. Thanks to the replay of this event, you too can understand everything about green budgeting.

Webinar | Designing Fair and Equitable Climate and Energy Policies

Climate and energy policies have multiple social impacts, which need to be better understood in order to increase the sustainability and viability of these policies. How can this be done in practice? We invite you to watch the replay of the event jointly organised by I4CE, ODI and IISD. In it, I4CE explores the possibility of combining the green budgeting with an analysis of their social consequences.

#FlashFromThePast

Report: The Good, the Bad and the Unclear : Environmental Budget Tagging
Many countries have carried out green budgeting and this I4CE study takes stock of the expected benefits and the criteria to be met in order to carry them out: to identify measures that are unfavourable to the environment, not to focus solely on measures that have the environment as their primary objective, to include these exercises in the long term and in the existing administrative processes... 

Morgane Nicol of I4CE and Michel Colombier of Iddri review the advantages of the green budget exercises that are being developed in many countries and local authorities. They also remind us that such an exercise does not dispense with a strategy of ecological transition and must be used to draw up a financing plan for the transition.

Many public climate policies have social effects, and vice versa. In order to take these cross-effects into account in policy-making, actors are calling for the climate assessments of public budgets that are being developed in many countries to be enriched by climate AND social assessments. Is this a good idea? Chloé Boutron and Solène Metayer of I4CE have tried it.

Project: Green budget
I4CE has been contributing for several years to the development and dissemination of green budgeting methods: you will find on this page all the projects we have carried out and are still carrying out today: creation of a framework for environmental assessment of budgets for local authorities, training of European Ministries of Finance and European civil society in green budgeting practices, development of a methodology for environmental and social assessment of budgets....

#Tweets of the moment

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