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dc.titleIntegrating Climate Action into Public Financial Management: Lessons from Paraguay and Costa Rica
dc.contributor.authorEguino, Huáscar
dc.contributor.authorDelgado, Raúl
dc.contributor.authorTorres Pelaez, Daniela
dc.contributor.authorLoo-Kung, Rudy
dc.contributor.authorRodríguez Ochoa, Asier
dc.contributor.authorGaleano, Juan José
dc.contributor.authorSamaniego, Adriana
dc.contributor.orgunitFiscal Management Division
dc.contributor.orgunitClimate Change Solutions Division
dc.contributor.orgunitClimate Change and Sustainable Development Sector
dc.contributor.orgunitInstitutions for Development Sector
dc.coverageCosta Rica
dc.coverageParaguay
dc.coverageLatin America and the Caribbean
dc.date.available2024-05-13T00:05:00
dc.date.issue2024-05-13T00:05:00
dc.description.abstractThe integration of climate action into public financial management is a complex task that must be approached in an orderly manner, maintaining a medium-term perspective. This publication shows two cases of applications of the public financial management assessment methodology for climate change (PEFA-Climate) that together illustrate how to design a roadmap for integrating climate issues into the planning, programming, execution, and accountability of public resources. The selected cases correspond to the Ministries of Finance of Paraguay and Costa Rica, countries that have already been making significant improvements in the rules, processes, and systems governing public financial management. More recently, they have embarked on incorporating the climate dimension into ongoing modernization processes and reforms. The paper shows how to structure a strong plan, using as a basis the incremental improvements proposed by the PEFA-Climate methodology and international best practices in the field. The study concludes by highlighting the importance of including the climate module in assessments based on the PEFA methodology, so that public financial management modernization efforts comprehensively incorporate the climate dimension into all regulations, processes, and systems that support public financial administration.
dc.format.extent39
dc.identifier.doihttp://dx.doi.org/10.18235/0012966
dc.identifier.urlhttps://publications.iadb.org/publications/english/document/Integrating-Climate-Action-into-Public-Financial-Management-Lessons-from-Paraguay-and-Costa-Rica.pdf
dc.identifier.urlhttps://publications.iadb.org/publications/spanish/document/Integracion-de-la-accion-climatica-en-la-gestion-financiera-publica-lecciones-de-Paraguay-y-Costa-Rica.pdf
dc.language.isoen
dc.publisherInter-American Development Bank
dc.relation.seriesMEF Climate Change Platform
dc.subjectClimate Change
dc.subjectPublic Financial Management
dc.subjectFiscal Institution
dc.subjectClimate Policy
dc.subjectBudget
dc.subjectMulti-Phase Program Loan
dc.subjectClimate Resilience
dc.subjectPublic Procurement
dc.subjectClimate Expenditure
dc.subjectPublic Expenditure
dc.subjectMinistries
dc.subjectAuditing
dc.subjectFinancial Management
dc.subjectFinancial Service
dc.subjectMEF Climate Change Platform
dc.subject.jelcodeH50 - National Government Expenditures and Related Policies: General
dc.subject.jelcodeH60 - National Budget, Deficit, and Debt: General
dc.subject.jelcodeH61 - Budget • Budget Systems
dc.subject.jelcodeH83 - Public Administration • Public Sector Accounting and Audits
dc.subject.jelcodeO54 - Latin America • Caribbean
dc.subject.jelcodeQ54 - Climate • Natural Disasters and Their Management • Global Warming
dc.subject.jelcodeQ56 - Environment and Development • Environment and Trade • Sustainability • Environmental Accounts and Accounting • Environmental Equity • Population Growth
dc.subject.jelcodeQ58 - Government Policy
dc.subject.keywordspublic financial management;green fiscal management;public expenditure;green budgeting;Climate Action;climate change;PEFA-Climate;Evaluation;Paraguay;Costa Rica
dc.typeLearning Materials
idb.identifier.pubnumberIDB-LM-00654
idb.operationRG-T3993
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