Green Budgeting, ‘A Must’ for Environmental Goals
Green Budgeting, ‘A Must’ for Environmental Goals
Author(s): Dragoș Mihai UngureanuSubject(s): Environmental and Energy policy, Economic development, Public Finances, Fiscal Politics / Budgeting
Published by: Editura Fundaţiei România de Mâine
Keywords: green budgeting; green spending; green accounting; outcomebased budgeting; environmental goals;
Summary/Abstract: Budgets are a crucial instrument for climate action and the green transition. Faced with the imminent environmental threats, governments are increasingly deploying or planning to deploy green budgeting to better align their policies with climate and environmental commitments. Green budgeting means using the tools of budgetary policymaking to help achieve climate and environmental goals. These tools are part of a country’s annual and multiannual budgetary processes. Budgets can perform a crucial role in improving the consistency of public revenue and expenditure with these goals.
Journal: Annals of Spiru Haret University. Economic Series
- Issue Year: 23/2023
- Issue No: 4
- Page Range: 261-280
- Page Count: 20
- Language: English