Climate-Sensitive Management of Public Finances—"Green PFM”

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Author :
Publisher : International Monetary Fund
ISBN 13 : 1513583042
Total Pages : 21 pages
Book Rating : 4.44/5 ( download)

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Book Synopsis Climate-Sensitive Management of Public Finances—"Green PFM” by : Mr. Fabien Gonguet

Download or read book Climate-Sensitive Management of Public Finances—"Green PFM” written by Mr. Fabien Gonguet and published by International Monetary Fund. This book was released on 2021-08-11 with total page 21 pages. Available in PDF, EPUB and Kindle. Book excerpt: Public financial management (PFM) consists of all the government’s institutional arrangements in place to facilitate the implementation of fiscal policies. In response to the growing urgency to fight climate change, “green PFM” aims at adapting existing PFM practices to support climate-sensitive policies. With the cross-cutting nature of climate change and wider environmental concerns, green PFM can be a key enabler of an integrated government strategy to combat climate change. This note outlines a framework for green PFM, emphasizing the need for an approach combining various entry points within, across, and beyond the budget cycle. This includes components such as fiscal transparency and external oversight, and coordination with state-owned enterprises and subnational governments. The note also identifies principles for effective implementation of a green PFM strategy, among which the need for a strong stewardship located within the ministry of finance is paramount.

How to Make the Management of Public Finances Climate-Sensitive–“Green PFM”

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Author :
Publisher : International Monetary Fund
ISBN 13 :
Total Pages : 38 pages
Book Rating : 4.82/5 ( download)

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Book Synopsis How to Make the Management of Public Finances Climate-Sensitive–“Green PFM” by : Ozlem Aydin Sakrak

Download or read book How to Make the Management of Public Finances Climate-Sensitive–“Green PFM” written by Ozlem Aydin Sakrak and published by International Monetary Fund. This book was released on 2022-12-08 with total page 38 pages. Available in PDF, EPUB and Kindle. Book excerpt: This How to Note develops the “green public financial management (PFM)” framework briefly outlined in an earlier Staff Climate Note (2021/002, published in August 2021). It illustrates, how climate change and environmental concerns can be mainstreamed into government’s institutional arrangements in place to facilitate the implementation of fiscal policies. It provides numerous country examples covering possible entry points for green PFM – phases in the budget cycle (strategic planning and fiscal framework, budget preparation, budget execution and accounting, control, and audit), legal framework or issues that cut across the budget cycle, such as fiscal transparency or coordination with State Owned Enterprises or with subnational governments. This How to Note also summarizes practical guidance for implementation of a green PFM strategy, underscoring the need for a tailored approach adapted to country specificities and for a strong stewardship role of the Ministry of Finance.

Environmental Governance and Greening Fiscal Policy

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Author :
Publisher : Springer Nature
ISBN 13 : 3030837963
Total Pages : 225 pages
Book Rating : 4.69/5 ( download)

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Book Synopsis Environmental Governance and Greening Fiscal Policy by : Murray Petrie

Download or read book Environmental Governance and Greening Fiscal Policy written by Murray Petrie and published by Springer Nature. This book was released on 2021-11-27 with total page 225 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book addresses the increasingly urgent question: How can governments be made more accountable for the quality of their environmental stewardship? It explores: Enhanced national State of the Environment reporting and integration of environmental outcomes in key national indicators. Mainstreaming environmental goals, targets, and risks by integrating them in fiscal policy and the annual budget—a government’s most important policy instrument. Promoting sustainability by progressively exposing and eliminating harmful tax and expenditure policies, putting a price on pollution, and providing environmental public goods. Civil society environmental monitoring. The book combines in-depth assessment of the latest climate/green budgeting literature and country practices with discussion of how to implement green fiscal policies. The framework is deliberately ambitious given the severity, scale, and urgency of climate change and biodiversity loss. The book will be of interest to ministry of finance, budget, and planning officials, to environment sector agencies, oversight institutions, international organizations, civil society organizations, and to academics and students in the fields of environmental studies, development studies, economics, public finance, and public policy.

Review of the Climate Macroeconomic Assessment Program Pilots

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Author :
Publisher : International Monetary Fund
ISBN 13 :
Total Pages : 34 pages
Book Rating : 4.87/5 ( download)

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Book Synopsis Review of the Climate Macroeconomic Assessment Program Pilots by : International Monetary Fund. Fiscal Affairs Dept.

Download or read book Review of the Climate Macroeconomic Assessment Program Pilots written by International Monetary Fund. Fiscal Affairs Dept. and published by International Monetary Fund. This book was released on 2023-06-16 with total page 34 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper reviews the two Climate Macroeconomic Assessment Program (CMAP) pilots and proposes a way forward. It builds on the experience of the previous six Climate Change Policy Assessment (CCPA) pilots, and the recent rollout of the World Bank’s Country Climate and Development Report (CCDR). It also accounts for early experience with countries requesting support under the Fund’s Resilience and Sustainability Trust (RST). Based on the lessons from pilots and recent developments, staff proposes to streamline the CMAP to focus on the Fund’s comparative advantages in the areas of mitigation, PFM and macro-fiscal impact of climate change policies, provide a streamlined CMAP in exceptional circumstances, and expand more targeted CD in particular in support of RSF countries. This focused and tailored approach would benefit members as it is more agile, allows the Fund to serve more members within the same resource envelope and enhance synergies with other Fund products and the World Bank’s CCDR.

Green Budget Tagging

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Author :
Publisher :
ISBN 13 : 9789264746046
Total Pages : pages
Book Rating : 4.48/5 ( download)

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Book Synopsis Green Budget Tagging by :

Download or read book Green Budget Tagging written by and published by . This book was released on 2021 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:

Unlocking Access to Climate Finance for Pacific Island Countries

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Publisher : International Monetary Fund
ISBN 13 : 1513594222
Total Pages : 103 pages
Book Rating : 4.24/5 ( download)

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Book Synopsis Unlocking Access to Climate Finance for Pacific Island Countries by : Ms. Manal Fouad

Download or read book Unlocking Access to Climate Finance for Pacific Island Countries written by Ms. Manal Fouad and published by International Monetary Fund. This book was released on 2021-09-24 with total page 103 pages. Available in PDF, EPUB and Kindle. Book excerpt: This departmental paper provides an in-depth overview of access to climate finance for Pacific Island Countries, evaluating successes and challenges faced by countries and proposes a way forward to unlock access to climate funds.

Fiscal Policies for Paris Climate Strategies—from Principle to Practice

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Publisher : International Monetary Fund
ISBN 13 : 1498310796
Total Pages : 109 pages
Book Rating : 4.96/5 ( download)

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Book Synopsis Fiscal Policies for Paris Climate Strategies—from Principle to Practice by : International Monetary Fund. Fiscal Affairs Dept.

Download or read book Fiscal Policies for Paris Climate Strategies—from Principle to Practice written by International Monetary Fund. Fiscal Affairs Dept. and published by International Monetary Fund. This book was released on 2019-05-02 with total page 109 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper discusses the role of, and provides practical country-level guidance on, fiscal policies for implementing climate strategies using a unique and transparent tool laying out trade-offs among policy options.

Financing Sustainability

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Author :
Publisher : VU Uitgeverij
ISBN 13 : 9086595596
Total Pages : 224 pages
Book Rating : 4.94/5 ( download)

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Book Synopsis Financing Sustainability by : Marco Kerste

Download or read book Financing Sustainability written by Marco Kerste and published by VU Uitgeverij. This book was released on 2011 with total page 224 pages. Available in PDF, EPUB and Kindle. Book excerpt: Sustainability thinking is rapidly gaining traction. It offers an inspiring vision for the future of the world and provides significant business and investment opportunities. Based on insights from over 300 empirical studies, this book explores the possibilities in the field of renewable energy finance, carbon trading, and sustainable investing. In addition, it describes innovative finance mechanisms – such as green bonds and peer-to-peer lending – that may further spur environmental and social sustainability. By taking an empirical, fact-based approach, this book aims to provide investors, business executives, and policymakers with a more thorough understanding of how sustainable finance can create value for business and society. Key words: Sustainable finance, renewable energy finance, cleantech, green investing, sustainable investments, responsible investments, carbon trading, carbon finance, ESG, impact investing.

A Governance Framework for Climate Relevant Public Investment Management

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Author :
Publisher : Asian Development Bank
ISBN 13 : 929270608X
Total Pages : 79 pages
Book Rating : 4.81/5 ( download)

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Book Synopsis A Governance Framework for Climate Relevant Public Investment Management by : Asian Development Bank

Download or read book A Governance Framework for Climate Relevant Public Investment Management written by Asian Development Bank and published by Asian Development Bank. This book was released on 2024-02-01 with total page 79 pages. Available in PDF, EPUB and Kindle. Book excerpt: This report explains why strengthening the governance around public investment management is central to cutting inefficiencies and unblocking the climate finance needed to narrow Asia and the Pacific’s gaping infrastructure gap. Outlining how adaptation and mitigation should be woven into more inclusive investment planning, it explains why private investment should be combined with public resources to better tackle the climate and investment shortfall. It shows why a stronger understanding of climate data and risk analysis can help drive transparent and accountable climate-responsive investment in order to finance a solid pipeline of resilient infrastructure projects.

Jordan

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Author :
Publisher : International Monetary Fund
ISBN 13 :
Total Pages : 4 pages
Book Rating : 4.54/5 ( download)

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Book Synopsis Jordan by : Bryn Battersby

Download or read book Jordan written by Bryn Battersby and published by International Monetary Fund. This book was released on 2024-05-20 with total page 4 pages. Available in PDF, EPUB and Kindle. Book excerpt: The assistance assessed how climate change impacts and mitigation and adaptation responses are addressed in the public investment cycle using the Climate Module of the Public Investment Management Assessment (C-PIMA). The assistance also evaluated the scope to advance Green Public Financial Management (PFM) practices, drawing on the IMF’s new Green PFM framework. Jordan was found to performs well in the climate-aware planning and coordination institutions of the C-PIMA, but some gaps were identified in implementation aspects of the framework, and there were several areas where climate could be better integrated in the PFM system.