Knowing what you spend; tracking climate finance in the budget Green Budgeting Virtual Meeting - 17 March 2020

1. Knowing what you
spend:
tracking climate finance
in the budget
16 March 2019

2. TRACKING CLIMATE
SPENDING
COUNTRIES
2
5,986.88
$US million
CLIMATE SPEND
UNEARTHED

3. COUNTRIES
7
17,035.51
$US million
CLIMATE SPEND
UNEARTHED
TRACKING CLIMATE
SPENDING

4. COUNTRIES
12
23,258.99
$US million
CLIMATE SPEND
UNEARTHED
TRACKING CLIMATE
SPENDING

5. COUNTRIES
23,280.83
$US million
CLIMATE SPEND
UNEARTHED
13
TRACKING CLIMATE
SPENDING

6. COUNTRIES
48,189.11
$US million
CLIMATE SPEND
UNEARTHED
18
TRACKING CLIMATE
SPENDING

7. COUNTRIES
48,929.32
$US million
CLIMATE SPEND
UNEARTHED
22
TRACKING CLIMATE
SPENDING

8. COUNTRIES
59,791.52
$US million
CLIMATE SPEND
UNEARTHED
25
TRACKING CLIMATE
SPENDING

9. COUNTRIES
60,945.76
$US million
CLIMATE SPEND
UNEARTHED
28
TRACKING CLIMATE
SPENDING

10. Climate Budget tracking

11. Climate Budget tracking

13. What is the purpose and scope of CBT?
• Mobilise resources
• Mobilise climate action
• Mobilise the public
• Monitor and report on climate commitments
• Link to social inclusion and SDGs

14. Lessons learnt – making CBT useful
• Political buy in across Ministry of Finance and Climate Change policy
body ++
• Institutional frameworks for implementation across government and
reporting to parliament
• Line ministry and sub-national capacity
• Links to on-going PFM reforms
• Credibility of CBT data
• Communications and Ministerial engagement…