Abstract
Governments and the international community have committed to increase public climate finance and reforms have been introduced across countries to strengthen the public financial management of climate finance. Countries have increasingly adopted climate responsive budgeting reforms which cover the entire budget cycle and include strategic planning, budget formulation, approval, execution, monitoring, reporting and audit. However, there is limited evidence of the impact these forms have had on budget allocations and expenditure for climate action. The analysis includes 51 African countries and empirically tests the relationship between climate responsive budgeting reforms and resource allocation and expenditure for climate action. We make use of a unique data set with national budget data on climate change allocations for 51 African countries for the 2019/2020 budget year. In developing our dataset, we drew on the methods used in climate public expenditure and institutional reviews (CPEIRs) where the national budget is scanned, tagged, categorised and weights applied to climate relevant expenditure. We also make use of an index which measures the level of integration of climate change into national public financial management systems. The results from the analysis help us to understand the impact that climate responsive budgeting reforms have had on resource allocation and expenditure.
Details
Presentation Type
Paper Presentation in a Themed Session
Theme
Technical, Political, and Social Responses
KEYWORDS
CLIMATE RESPONSIVE BUDGETING, PUBLIC FINANCIAL MANAGEMENT, PUBLIC CLIMATE FINANCE
