
Green public finance and the net-zero transition
Oct 15, 2024 | 12:00 PM - 1:10 PMConference Room CC15 & Online
Oct 15, 2024 | 12:00 PM - 1:10 PM
Conference Room CC15 & Online
Public fiscal, budgeting and expenditure policies can be a major lever to prevent or address environmental challenges, be it through taxation, cash transfers, or supporting public and public-private investment. Fiscal frameworks should be designed to incentivise businesses to meet environment and net-zero objectives. It is equally important that these objectives are included into medium-term public budget management and into the design and implementation of specific public expenditure and investment programmes. Ensuring that public environmental expenditure programmes are well-managed is an essential element of effective and efficient economic policies. This session will discuss good practices and remaining challenges in designing fiscal incentives for environmental and climate actions and managing public environmental finance transparently and effectively, including through budget planning, public procurement and prudent expenditure management.
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