High-level Side Event: “Paris Collaborative on Green Budgeting: using the tools of budgetary policy-making towards the implementation of SDGs”

The Paris Collaborative on Green Budgeting is the first cross-country and cross-sectoral initiative to support governments in their efforts to “green” their fiscal policies and embed environmental sustainability commitments and green growth within budget and policy frameworks. “Greening” implies using national expenditure and revenue processes to support climate and environmental goals towards developing sustainable and resilient societies.

The objective of this side event is to discuss, disseminate and further develop new and innovative tools that provide practical assistance to governments in understanding the implications of the ecological transition for budgetary policy and fiscal sustainability. In particular, the event aims to enable the exchange of existing best practices and peer learning and to build partnerships among different actors to advocate for proposed reforms.