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More than words: Potential roles for independent fiscal institutions (IFIs) in green budgeting

Author

Listed:
  • Scott Cameron

    (OECD)

  • Margaux Lelong

    (OECD)

  • Lisa von Trapp

    (OECD)

Abstract

Budgetary frameworks and instruments are increasingly being used to support and accelerate progress towards climate and environmental goals. This paper provides an overview of how OECD countries are implementing green budgeting and potential roles for independent fiscal institutions (IFIs) in monitoring these initiatives or in providing climate-related analysis as part of their existing mandates. It concludes with some key questions for the path ahead.

Suggested Citation

  • Scott Cameron & Margaux Lelong & Lisa von Trapp, 2022. "More than words: Potential roles for independent fiscal institutions (IFIs) in green budgeting," OECD Journal on Budgeting, OECD Publishing, vol. 22(3).
    • Handle: RePEc:oec:govkaa:6fcb2fb4
    DOI: 10.1787/6fcb2fb4-en
    as

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    More about this item

    Keywords

    budget forecasting; carbon budgets; ESG (environmental; social; and corporate governance); green budgeting; independent fiscal institutions; fiscal policy surveillance; Paris Agreement;
    All these keywords.

    JEL classification:

    • H60 - Public Economics - - National Budget, Deficit, and Debt - - - General
    • H61 - Public Economics - - National Budget, Deficit, and Debt - - - Budget; Budget Systems
    • H68 - Public Economics - - National Budget, Deficit, and Debt - - - Forecasts of Budgets, Deficits, and Debt
    • Q51 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics - - - Valuation of Environmental Effects
    • Q56 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics - - - Environment and Development; Environment and Trade; Sustainability; Environmental Accounts and Accounting; Environmental Equity; Population Growth
    • Q58 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics - - - Environmental Economics: Government Policy

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