Resilient Planet Finance Lab @UniofOxford’s Post

🗺 The Helsinki Principle 4 workstream hosted a workshop on June 3rd, 2024, titled “Using Green Budgeting to Strengthen the Alignment of Public Financial Flows with Climate and Environmental Objectives.” Organized by HP4 co-leads, Denmark and the United States of America, and in collaboration with Austria, the workshop emphasized the importance of using green budgeting tools to inform government action on #climatechange 🚞 The workshop highlighted green budgeting tools, approaches, and experiences by institutional partners and member countries. Discussions focused on the importance and main principles of green budgeting in the context of Article 2.1.c of the #ParisAgreement; the OECD’s findings on how to better link government budgets to climate commitments; the European Commission’s Green Budgeting Reference Framework and peer to peer learning initiative; findings from #PEFA Climate Assessments and the World Bank’s Climate Change Institutional Assessments (hashtag #CCIA). #greenbudgeting #OECD #EC Read more: https://lnkd.in/euvHD_aN

✅ 13 EU countries implement systematic Green Budget Tagging, like Columbia, Mexico, etc. ☑ India seems like it has started since 2023-2024 budget (as a way to implement its National Adaptation Plan). 😑 USA do not, even though Biden administration reports on budget allocation to climate commitments. 😶 China do not, even though Climate action is mainstreamed in planning, including performance indicators. ➡ it would be good to have countries with highest carbon footprint per capita implement this systematically, whatever the political incumbents. ➡ global study on trends will be soon possible (but challenging, given that methodologies for climate or green budget tagging vary significantly).

A PEFA Secretariat presentation ( https://lnkd.in/e2RrtZH8 ) summarizes in 13 slides the limited readiness of public financial management systems 🌎🌍🌏 to address the climate-related challenges 🌪️⛈️☀️🌊. On average, the countries which undertook a PEFA Climate assessment, including some of the most exposed to climate change, are scored between C "Initial efforts have taken place to mainstream climate change issues and policy response in the relevant PFM institutions, processes, or systems" and D "Performance is less than required for a C score" 🤦🏼. Lots of other interesting findings 🕵🏿 in the presentation that will make a good quick read for your weekend 🤓📚. Well done, Holy-Tiana Razafimahefa Rame 👩🏻🔬!

📢 NEW LAUNCH | Enabling framework conditions (EFCs) are vital for scaling national and subnational climate finance. They provide regulatory clarity, enhance institutional capacity, mitigate investment risks, promote stakeholder engagement, and improve access to finance, thus supporting long-term sustainability. The CCFLA/#UrbanAct Assessment Tool is designed to help governments improve their access to climate finance by evaluating their enabling framework conditions (EFCs). 🔗 Learn more about the tools and download, here: https://bit.ly/EFCs Further information is also available at United Nations ESCAP’s Inclusive, Low Carbon, Resilient, Smart and Sustainable Cities: https://lnkd.in/gFiNgqEX #UrbanAct #UrbanClimateFinance #NetZeroCities #EFCs #EnablingFrameworkConditions #SustainableCities #GreenGrowth #ClimateAction #MultiLevelClimateAction Jessie Press-Williams Priscilla Negreiros Deutsche Gesellschaft für Internationale Zusammenarbeit (GIZ) GmbH International Climate Initiative Federal Ministry for Economic Affairs and Climate Action United Cities and Local Governments (UCLG) TU Dortmund University University of Stuttgart

🗺 The Helsinki Principle 4 workstream hosted a workshop on June 3rd, 2024, titled “Using Green Budgeting to Strengthen the Alignment of Public Financial Flows with Climate and Environmental Objectives.” Organized by HP4 co-leads, Denmark and the United States of America, and in collaboration with Austria, the workshop emphasized the importance of using green budgeting tools to inform government action on #climatechange. 🚞 The workshop highlighted green budgeting tools, approaches, and experiences by institutional partners and member countries. Discussions focused on the importance and main principles of green budgeting in the context of Article 2.1.c of the #ParisAgreement; the OECD’s findings on how to better link government budgets to climate commitments; the European Commission’s Green Budgeting Reference Framework and peer to peer learning initiative; findings from #PEFA Climate Assessments and the World Bank’s Climate Change Institutional Assessments (#CCIA). #greenbudgeting #OECD #EC Read more: https://lnkd.in/euvHD_aN

Join the Global Conversation on Climate Change and Economic Management! 🌍 We’re excited to invite academics, researchers, policymakers, NGO practitioners, government officials, and other stakeholders to the upcoming conference focused on the global economic impacts of climate change. Explore key topics like sustainable development, climate finance, mitigation policies, and more. 🗓 Key Dates: Abstract Submission: 31 October 2024 Full Paper Submission: 10 February 2025 Conference: 26-28 February 2025 Should you have any queries please contact GarrethA@dut.ac.za #ClimateChange #EconomicManagement #Sustainability #Conference #CallForPapers

🌏⚖ How are countries integrating #justice principles into domestic climate action? A new study by the Grantham Research Institute on Climate Change & the Environment at #LSE reviewed 159 policies across 61 countries and the EU that include references to a just, fair, equitable, and inclusive transition. Here, co-authors Jodi-Ann Jue Xuan Wang and Tiffanie Chan share their findings and explain why pursuing transformative change must entail policy pathways that redress existing structures of inequality. Read the full commentary 👉 https://lnkd.in/gMWYY3Qa The London School of Economics and Political Science (LSE) #JustTransition #SocialJustice #JustEnergyTransition

What can CA learn from NL?

📣 Today during the EUI #Climate Week, Jos Delbeke, former Director-General of the European Commission’s DG for Climate Action, Professor at the Florence STG and EIB Climate Chair, will present his 🆕 book titled "Delivering a Climate Neutral Europe". 📘 Drawing on 25 years of EU climate policy experience, Delbeke's book delves into the successes of the 🇪🇺 European Green Deal and explores the challenges and opportunities that lie ahead. 📍 This essential roadmap, developed in collaboration with leading climate policy and regulation experts, is designed for both policymakers and citizens. It outlines the strategies and priorities for the upcoming European policy cycle from 2024 to 2029. ♻️ Hear from Professor Delbeke what the future of EU #ClimatePolicy will look like ▶️. 🔖 Read in open access: https://loom.ly/hy7ROU4 European University Institute European Investment Bank (EIB) European Association of Environmental and Resource Economists (EAERE) #Climate #GreenDeal #ClimateChange #ClimateNeutrality #CarbonPricing

Today our book Justice in Climate Policy was published. Not only in the Netherlands, but also in other countries, climate justice is an increasingly important issue. Climate policy costs money, we all know that. A fair distribution of this is more urgent than ever. #climatejustice #fairdistribution WRR - Netherlands Scientific Council for Government Policy It can be downloaded at: https://lnkd.in/ebym-Pp5