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dc.titleClimate Commitments and National Budgets: Identification and Alignment: Case Studies of Argentina, Colombia, Jamaica, Mexico, and Peru
dc.contributor.authorFerro, Pamela
dc.contributor.authorJaramillo, Marcela
dc.contributor.authorDelgado, Raúl
dc.contributor.authorAlmeida, Dolores
dc.contributor.authorRodríguez, Gabriela
dc.contributor.orgunitClimate Change Solutions Division
dc.coverageColombia
dc.coverageArgentina
dc.coveragePeru
dc.coverageMexico
dc.coverageJamaica
dc.coverageLatin America and the Caribbean
dc.date.available2020-09-30T00:00:00
dc.date.issue2020-09-30T00:00:00
dc.description.abstractThe successful implementation of NDCs will require specific efforts agreed among various actors including the ministries of finance and of planning to integrate climate and sustainable development into the national public planning, decision-making, and administrative processes. Public expenditure plays a key role in this task, since it represents one of the main official tools that governments use to finance the public policy responses to climate change. Therefore, it is a pillar for any financing strategy of NDCs and reflects the public investment priorities so it contributes to create a favorable environment to increase financing from the private sector and thus facilitate access to international climate finance. However, there is no clear evidence with respect to whether the ministries of finance of the region systematically envisage considerations on climate change when allocating the public budget, or how these considerations could be included in the future to make public policy decisions aimed at improving the efficiency, effectiveness and quality of public expenditure. In this study, a practical exercise was conducted and the national budgets in five countries of Latin America and the Caribbean (Argentina, Colombia, Jamaica, Mexico and Peru) were reviewed in order to identify gaps, best practices and/or factors within budget processes which allow or hinder the inclusion of climate change components. Budgetary allocations were also analyzed in key sectors included in the NDCs (energy, transport, agriculture, natural resources and environment, and disaster risk management) to analyze the level of expenditure in activities that may help fight climate change or that may otherwise increase GHG emissions.
dc.format.extent86
dc.identifier.doihttp://dx.doi.org/10.18235/0002704
dc.identifier.urlhttps://publications.iadb.org/publications/english/document/Climate-Commitments-and-National-Budgets-Identification-and-Alignment-Case-Studies-of-Argentina-Colombia-Jamaica-Mexico-and-Peru.pdf
dc.identifier.urlhttps://publications.iadb.org/publications/spanish/document/Compromisos-climaticos-y-presupuestos-nacionales-Identificacion-y-alineacion-Estudios-de-caso-de-Argentina-Colombia-Jamaica-Mexico-y-Peru.pdf
dc.language.isoen
dc.mediumAdobe PDF
dc.publisherInter-American Development Bank
dc.subjectEnvironmental Policy
dc.subjectParis Agreement
dc.subjectClimate Change Mitigation
dc.subject2030 Agenda for Sustainable Development
dc.subjectInvestment Policy
dc.subjectGreenhouse Gas Emission
dc.subjectFiscal Capacity
dc.subjectPublic Investment System
dc.subjectEnvironmental, Social and Governance
dc.subjectNationally Determined Contribution
dc.subject.jelcodeQ50 - Environmental Economics: General
dc.subject.jelcodeO23 - Fiscal and Monetary Policy in Development
dc.subject.jelcodeO20 - Development Planning and Policy: General
dc.subject.keywordsclimate change;strategic planning;public expenditure;NDCs;Paris Agreement;national budgets;climate expenditure;environmental governance
dc.typeTechnical Notes
idb.identifier.pubnumberIDB-TN-01982
idb.operationRG-T3433
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