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THE PUBLIC BUDGET AS A TOOL FOR CLIMATE ACTION

With the 2015 signing of the Paris Agreement, governments acknowledged the enormous impact that climate change has on sustainable economic growth, social progress and the reduction of inequality. The current COVID pandemic has increased the need to protect biodiversity and prevent irreversible warming.

 

Now is the time to shape structural reform policies that can galvanise the transition to a low-carbon economy resilient to climate change while continuing to drive productivity and economic activity. Budgetary policies have a decisive role in this regard. Hence, the design, planning and application of these policies must be in line with climate-friendly objectives and be effectively integrated in the social and economic goals for transition.

 

The concept of “green budgeting” alludes to the tools used to promote spending and financing policies that align with these new environmental aims. It is crucial that governments be aware of how great an impact their budgets can have in effectively reaching these climate-related commitments.

 

It is our duty to meet these commitments by taking action.  Given the overwhelming influence that public budgets have as instruments, not only through direct action but also by sending signals to the private sector, budget decision-makers cannot remain oblivious to the challenge of decarbonising the economy.

WEBINAR

The Public Budget as a Tool for Climate Action

Climate action and environmental sustainability are a cornerstone of the Andalusian Government's strategy to address the recovery of the economy after the COVID-19 pandemic and to improve the well-being of citizens.

 

For one Government, public budget is the most far-reaching economic policy tool, which is why the Budget of Andalusian Government is on the way to becoming a “Green Budget”.

PROGRAMME

21 DECEMBER 2020
09:00Opening and Welcome

Juan BRAVO
Regional Minister of Finance, lndustry and Energy

Andalusian Government

 

Juan Manuel MUÑOZ
Commissioner for Climate Change and Energy Model

Andalusian Government

 

Ignacio J. MÉNDEZ 
Secretary General for Finance. Andalusian Government
President of IEHPA Foundation

09:30Public revenue and climate change

Chair:

 

Manuel VÁZQUEZ
General Director of Taxes and Financing
Andalusian Government

 

Speakers:

 

Jonas TEUSCH
Centre for Tax Policy and Administration
OECD

What role for carbon pricing in a green recovery

 

Francisco ADAME
University of Seville

Energy-environmental taxes in Spanish Autonomous Communities

11:00Break
11:15Public expenditure and climate change. Green Budgeting

Chair:

 

Eduardo LEÓN
General Director for Budget
Andalusian Government

 

Speakers:

 

Jan GERRITSEN
Directorate General for Budget

European Commission

Climate mainstreaming in EU Budget  

 

Ken CLEARY
Assistant Principal, Climate Change Unit. Department of Public Expenditure and Reform
Government of Ireland

A methodology for tagging climate related expenditures. The Irish experience

12:45Break
13:00Financing of sustainable projects and green bonds

Chair:

 

Victoria CARRETERO
General Director of Treasury and Public Debt
Andalusian Government

 

Speakers:

 

Bárbara OLIVARES
Spanish Central Bank

The role of Central Banks in the development of sustainable finance

13:45Closing Session

Carmen CRESPO
Regional Minister of Agriculture, Livestock, Fisheries and Sustainable Development

Andalusian Government