Climate Change Budget Tagging : A Review of International Experience

The purpose of this report is to provide development practitioners and government officials with an understanding of the context and key design features of climate budget tagging initiatives. It is based on a review of 18 climate budgeting tagging...

Full description

Bibliographic Details
Main Author: World Bank
Format: Report
Language:English
Published: World Bank, Washington, DC 2021
Subjects:
Online Access:http://documents.worldbank.org/curated/en/744081613708537156/Main-Report
http://hdl.handle.net/10986/35174
id okr-10986-35174
recordtype oai_dc
spelling okr-10986-351742022-09-20T00:08:35Z Climate Change Budget Tagging : A Review of International Experience World Bank BUDGET ALLOCATION PUBLIC EXPENDITURE REVIEW POVERTY GENDER CLIMATE FINANCE CLIMATE EXPENDITURE BUDGET TAGGING SOVEREIGN GREEN BOND GOVERNANCE The purpose of this report is to provide development practitioners and government officials with an understanding of the context and key design features of climate budget tagging initiatives. It is based on a review of 18 climate budgeting tagging methodologies as well as key informant interviews with practitioners during 2020. The review is structured into five sections. The first draws lessons from three precursors of climate expenditure tagging: poverty tagging, gender-budget tagging, and budgeting for international development goals. The second provides an overview of climate finance reporting methodologies and climate expenditure reviews supported by international organizations. The third reviews technical and institutional aspects of the climate budget tagging methodologies and practices of a number of national governments. The fourth explores links between climate budget tagging and the green bond frameworks used to mobilize climate finance. The final section discusses the benefits of and challenges in implementing a climate change tagging system and also presents lessons learned from experience in budget tagging in general and its application to climate change in particular. The report does not assess the effectiveness of climate budget tagging, as this would require a more thorough and long-term evaluation. 2021-02-23T20:58:02Z 2021-02-23T20:58:02Z 2021-02 Report http://documents.worldbank.org/curated/en/744081613708537156/Main-Report http://hdl.handle.net/10986/35174 English Equitable Growth, Finance and Institutions Insight - Governance CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo World Bank World Bank, Washington, DC Economic & Sector Work Economic & Sector Work :: Public Environmental Expenditure Review
repository_type Digital Repository
institution_category Foreign Institution
institution Digital Repositories
building World Bank Open Knowledge Repository
collection World Bank
language English
topic BUDGET ALLOCATION
PUBLIC EXPENDITURE REVIEW
POVERTY
GENDER
CLIMATE FINANCE
CLIMATE EXPENDITURE
BUDGET TAGGING
SOVEREIGN GREEN BOND
GOVERNANCE
spellingShingle BUDGET ALLOCATION
PUBLIC EXPENDITURE REVIEW
POVERTY
GENDER
CLIMATE FINANCE
CLIMATE EXPENDITURE
BUDGET TAGGING
SOVEREIGN GREEN BOND
GOVERNANCE
World Bank
Climate Change Budget Tagging : A Review of International Experience
relation Equitable Growth, Finance and Institutions Insight - Governance
description The purpose of this report is to provide development practitioners and government officials with an understanding of the context and key design features of climate budget tagging initiatives. It is based on a review of 18 climate budgeting tagging methodologies as well as key informant interviews with practitioners during 2020. The review is structured into five sections. The first draws lessons from three precursors of climate expenditure tagging: poverty tagging, gender-budget tagging, and budgeting for international development goals. The second provides an overview of climate finance reporting methodologies and climate expenditure reviews supported by international organizations. The third reviews technical and institutional aspects of the climate budget tagging methodologies and practices of a number of national governments. The fourth explores links between climate budget tagging and the green bond frameworks used to mobilize climate finance. The final section discusses the benefits of and challenges in implementing a climate change tagging system and also presents lessons learned from experience in budget tagging in general and its application to climate change in particular. The report does not assess the effectiveness of climate budget tagging, as this would require a more thorough and long-term evaluation.
format Report
author World Bank
author_facet World Bank
author_sort World Bank
title Climate Change Budget Tagging : A Review of International Experience
title_short Climate Change Budget Tagging : A Review of International Experience
title_full Climate Change Budget Tagging : A Review of International Experience
title_fullStr Climate Change Budget Tagging : A Review of International Experience
title_full_unstemmed Climate Change Budget Tagging : A Review of International Experience
title_sort climate change budget tagging : a review of international experience
publisher World Bank, Washington, DC
publishDate 2021
url http://documents.worldbank.org/curated/en/744081613708537156/Main-Report
http://hdl.handle.net/10986/35174
_version_ 1764482481426268160