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Description

As governments formulate budget responses to support economic recovery following the COVID-19 crisis, there is greater momentum to include green perspectives in recovery packages. This comes with increased interest in how green budgeting can support the design and implementation of government budgets that progress climate and environmental goals.

The virtual workshop discussed these issues and more, drawing on country experiences. The agenda covered:

  1. State of play of green budgeting across the OECD, presenting preliminary results from the OECD-European Commission Survey on Green Budgeting.
  2. Green budgeting and tax policy to support a green recovery, showing how green budgeting and tax policy can help support the design of recovery packages to speed up structural change towards a low-carbon transition.
  3. Green budget tagging, discussing new introductory guidance and principles which draws lessons from existing country practices.

The virtual meeting was chaired by Ken Cleary, Assistant Principal within the Climate Unit in Ireland’s Department of Public Expenditure and Reform.

 

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